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LAKE MCGREGOR COUNTRY ESTATES

2 White Pelican Way , Rural Vulcan County, AB

$399,000

Residential · MLS® A2289544
2Bedrooms
2Bathrooms
1,501.23Sq Ft
0Garage
2001Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to your four-season retreat in Lake McGregor Estates — a gated, year-round recreational community just over 90 minutes from Calgary and Lethbridge, and conveniently close to the town of Vulcan. Situated on a large, private corner lot with mature landscaping, this beautiful detached two-storey home offers exceptional space, flexibility, and parking — including room for boats, guest vehicles and a golf cart. Step inside to soaring ceilings and floor-to-ceiling windows that flood the living space with natural...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,501.23 sq ft
Lot Size3,643 sq ft
ZoningRR
HeatingForced Air • Natural Gas
CoolingWall Unit(s)
ParkingConverted Garage • Driveway • Front Drive • Gravel Driveway • Guest • Off Street • Oversized • Parking Pad • See Remarks
ExteriorGarden • Private Yard
BasementOther
Year Built2001
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$556After mortgage & expenses
Cap Rate6.1%Based on market rents
Cash on Cash Return8.4%With 20% down payment
Est. Monthly Rent$2,727Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

LAKE MCGREGOR COUNTRY ESTATES

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Investment ScoreN/A
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Listed by Victoria Dalgleish · RE/MAX First