01 / Property Detail
BOWER
125, 54 Bell Street , Red Deer, AB
$197,500
Residential ยท MLSยฎ A22876992Bedrooms
1Bathrooms
950.62Sq Ft
1Garage
1981Year Built
02 / Overview
PROPERTY OVERVIEW
Imagine a home where every detail has been refreshed for you. This 2-bedroom, 1-bathroom condo offers a serene, low-maintenance lifestyle. The entire unit has been freshly painted and outfitted with new light fixtures and custom blinds, creating a bright, move-in-ready atmosphere.
The heart of the recent upgrades is the fully renovated bathroom, featuring:
A brand-new bathtub and shower surround.
New toilet.
New, durable flooring.
Designed for long-term comfort and accessibility, this single-level layout features no stairs and the ultimate convenience of in-unit laundry. Outside, the...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys2
Total Finished Area950.62 sq ft
Lot Size2,484 sq ft
ZoningR-H
HeatingCentral
CoolingNone
ParkingStall
ExteriorPrivate Entrance
Year Built1981
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$349After mortgage & expenses
Cap Rate6.6%Based on market rents
Cash on Cash Return10.6%With 20% down payment
Est. Monthly Rent$1,764Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
BOWER
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Chantel Applin ยท Royal LePage Network Realty Corp.