$539,900

Residential · MLS® A2288829
4Bedrooms
2Bathrooms
1,561Sq Ft
2Garage
1981Year Built
02 / Overview

PROPERTY OVERVIEW

Experience the benefits of lake living in this exceptional residence located in Parkland Beach at Gull Lake. This property offers an ideal setting not only for water enthusiasts but also for families seeking to retreat from city life and enjoy walking trails, beaches, the Gull Lake Golf Course, and a welcoming small-community atmosphere. Whether you are planning weekend getaways or considering year-round residence, this home provides ample opportunity. The house features over 2700 square feet of living space on...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,561 sq ft
Lot Size20,000 sq ft
ZoningResidential
HeatingBoiler
CoolingNone
ParkingDouble Garage Attached • Off Street • RV Access/Parking
ExteriorFire Pit • Private Yard
BasementFull
Year Built1981
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$539After mortgage & expenses
Cap Rate5.7%Based on market rents
Cash on Cash Return6.0%With 20% down payment
Est. Monthly Rent$2,932Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

NONE

Needs Review
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Investment Score53/100
Avg Home Price$746K
Active Listings1435
Listed by Lori Hellofs · RE/MAX real estate central alberta