$499,900
Residential · MLS® A22892133Bedrooms
3Bathrooms
1,480Sq Ft
2Garage
2026Year Built
02 / Overview
PROPERTY OVERVIEW
SMART DESIGN STARTS WITH FUNCTION. This Alexis model at 138 Lanark Gate SE delivers a layout that makes sense the moment you step inside. The main floor is finished in warm mid-tone LUXURY VINYL PLANK, setting the tone for a space that feels cohesive and current. At the centre, the kitchen is properly executed with 42" upper cabinetry, QUARTZ COUNTERTOPS THROUGHOUT, a BUILT-IN MICROWAVE, CHIMNEY HOOD FAN, and a SILGRANIT undermount sink. The island provides real BREAKFAST BAR SEATING, and...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeDuplex
Total Finished Area1,480 sq ft
Lot Size2,596 sq ft
ZoningR2-T
HeatingHigh Efficiency • Forced Air • Humidity Control • Natural Gas
CoolingNone
ParkingAlley Access • Outside • Parking Pad • Paved
ExteriorBBQ gas line • Private Entrance
BasementFull
Year Built2026
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$375After mortgage & expenses
Cap Rate5.4%Based on market rents
Cash on Cash Return4.5%With 20% down payment
Est. Monthly Rent$2,740Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
LANARK
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Jessica Holmstrom · CIR Realty