$337,000

Residential · MLS® A2290181
2Bedrooms
2Bathrooms
1,053Sq Ft
2Garage
1998Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to the Chateaux at Ivy Lake—an exceptionally well-maintained condo offering true low-maintenance living in one of Grande Prairie’s most sought-after buildings. This fully updated 2-bedroom, 2-bathroom unit was extensively renovated in 2021 and features new stainless steel appliances including a stove, microwave, dishwasher, and refrigerator. The bright, open-concept layout showcases a crisp white kitchen with pantry and an island with sit-up eating bar, flowing seamlessly into the dining and living areas. Large patio doors lead to a private balcony/deck...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys3
Total Finished Area1,053 sq ft
ZoningRG
HeatingBaseboard • Hot Water
CoolingNone
ParkingUnderground
ExteriorBalcony
Year Built1998
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$186After mortgage & expenses
Cap Rate3.8%Based on market rents
Cash on Cash Return-3.3%With 20% down payment
Est. Monthly Rent$1,943Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

IVY LAKE ESTATES

Loading map...
Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A

Community statistics are being updated. Check back soon for detailed insights.

Listed by Shekhar Sahdev · RE/MAX Grande Prairie