$245,000

Residential · MLS® A2289771
2Bedrooms
2Bathrooms
1,052.24Sq Ft
1Garage
2005Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this bright & beautifully updated single level, end-unit townhouse in sought-after Rainbow Park, Sylvan Lake! Just a short stroll to the beach, shops, & restaurants, this gem offers the perfect blend of convenience & comfort. With updated flooring & paint, step inside to a spacious, sun-filled open-concept layout. The living room features a corner gas fireplace & sliding doors to the deck with a gas line for BBQing—ideal for relaxing after a day by the lake, plus...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeOther
Storeys2
Total Finished Area1,052.24 sq ft
ZoningR3
HeatingForced Air
CoolingNone
ParkingStall
ExteriorRain Gutters
BasementCrawl Space
Year Built2005
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$527After mortgage & expenses
Cap Rate7.0%Based on market rents
Cash on Cash Return12.9%With 20% down payment
Est. Monthly Rent$1,941Based 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 David Hicks · PG Direct Realty Ltd.