$369,900

Residential · MLS® A2289524
4Bedrooms
2Bathrooms
1,174Sq Ft
4Garage
1958Year Built
02 / Overview

PROPERTY OVERVIEW

Located in Innisfail, this property features a permitted basement suite offering additional living space with separate functionality. The main floor includes 3 bedrooms, tile flooring in the kitchen, entry, and bathroom, and hardwood throughout the remaining living areas. The open-concept layout connects the living room and dining area, with patio doors leading to a large west-facing deck overlooking a private side yard with mature shrubs.

The basement suite offers a separate entry, eat-in kitchen, spacious living room, 4-piece bathroom, and a...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,174 sq ft
Lot Size9,000 sq ft
ZoningR-1C
HeatingBoiler
CoolingNone
ParkingOff Street • Parking Pad
ExteriorOther • Private Entrance
BasementFull
Year Built1958
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$616After mortgage & expenses
Cap Rate6.5%Based on market rents
Cash on Cash Return10.0%With 20% down payment
Est. Monthly Rent$2,255Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

CENTRAL INNISFAIL

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

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Listed by Ty Elliott · RE/MAX real estate central alberta