01 / Property Detail

CENTRAL PONOKA

5129 48 Avenue , Ponoka, AB

$289,900

Residential · MLS® A2289769
3Bedrooms
2Bathrooms
1,062Sq Ft
4Garage
1940Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this charming, renovated 1½-storey home in Ponoka where there is more here than meets the eye!! The main floor features a good sized mudroom, 2 bedrooms, a full bathroom, a bright and functional kitchen, and a cozy living room with the sweetest bay window. Upstairs you’ll find a spacious and unexpected primary retreat complete with beautiful open wood beams, a generous walk-in closet, and a private full ensuite. The basement is ready for your finishing touches and...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,062 sq ft
Lot Size6,000 sq ft
ZoningR4
HeatingForced Air • Natural Gas
CoolingNone
ParkingOff Street • Parking Pad
ExteriorGarden
BasementFull
Year Built1940
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$724After mortgage & expenses
Cap Rate7.5%Based on market rents
Cash on Cash Return15.0%With 20% down payment
Est. Monthly Rent$2,009Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

CENTRAL PONOKA

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Investment ScoreN/A
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Listed by Tasha Cordel · RE/MAX real estate central alberta