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ANDERS SOUTH

343 Addington Drive , Red Deer, AB

$384,900

Residential · MLS® A2288421
2Bedrooms
4Bathrooms
1,403Sq Ft
1Garage
2002Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this two-storey townhouse in desirable Anders South—with no condo fees! This home features a single attached garage and a functional open-concept main floor.

The main level: A bright kitchen, dining area, and living room complete with a cozy fireplace. A convenient 2-piece bathroom is also located on this level. Just off the dining room, step out onto your deck with a south-facing backyard.

Upstairs, you’ll find two spacious primary bedrooms, each with their own 4-piece ensuite.

The fully developed basement is...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeFive Plus
Total Finished Area1,403 sq ft
Lot Size2,265 sq ft
ZoningR-M
HeatingFireplace(s) • Forced Air • Natural Gas
CoolingNone
ParkingSingle Garage Attached
ExteriorNone
BasementFull
Year Built2002
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$754After mortgage & expenses
Cap Rate6.8%Based on market rents
Cash on Cash Return11.8%With 20% down payment
Est. Monthly Rent$2,555Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

ANDERS SOUTH

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Investment ScoreN/A
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Listed by Vanessa Badenhorst · CIR Realty