$419,000

Residential · MLS® A2286082
2Bedrooms
2Bathrooms
1,349Sq Ft
0Garage
1989Year Built
02 / Overview

PROPERTY OVERVIEW

Discover the perfect lakeside retreat in the sought-after Birch Bay community on the northwest shores of Gull Lake, a premier recreational destination in Central Alberta. Nestled midway between Edmonton and Calgary, this peaceful, family-friendly subdivision offers private beach access, scenic parks, walking trails, a community boat launch, and a welcoming atmosphere ideal for seasonal cabin living or year-round enjoyment.

This charming, turn-key 4 season cottage has been thoughtfully renovated and upgraded since 2018, blending rustic charm with modern comforts ....

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,349 sq ft
Lot Size9,583 sq ft
Zoningr1
HeatingFloor Furnace • Forced Air • Natural Gas
CoolingNone
ParkingOff Street
ExteriorFire Pit • Private Yard
BasementNone
Year Built1989
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$604After mortgage & expenses
Cap Rate6.2%Based on market rents
Cash on Cash Return8.7%With 20% down payment
Est. Monthly Rent$2,461Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

BIRCH BAY

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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A

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Listed by Tracy Thody · Royal LePage Network Realty Corp.