Active
SOUTH POINT
1308 South Point Parade Sw, Airdrie, AB
$650,000
Residential · MLS® A22840505Bedrooms
4Bathrooms
1,801Sq Ft
2Garage
2023Year Built
02 / Overview
PROPERTY OVERVIEW
Welcome to this unique and well-maintained home in growing Airdrie, the 5th largest city in Alberta. Great potential for a growing or multi-generational family or investor. With a total of 2,570 sq. ft. of living space over three levels, which includes 5 bedrooms and 3.5 baths, this home provides room to grow. The first impression upon entering is light and bright. A transom window above the entry door, an open area living room, dining, and kitchen with blonde, wide-plank flooring,...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,801 sq ft
Lot Size3,398 sq ft
ZoningR1-L
HeatingForced Air
CoolingNone
ParkingDouble Garage Detached • Garage Door Opener • Garage Faces Rear
ExteriorPrivate Yard • Storage
BasementFull
Year Built2023
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$214After mortgage & expenses
Cap Rate4.9%Based on market rents
Cash on Cash Return2.0%With 20% down payment
Est. Monthly Rent$3,200Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
SOUTH POINT
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Investment ScoreN/A
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Listed by Sergey Korostensky · Comox Realty