$349,900

Residential · MLS® A2290242
4Bedrooms
3Bathrooms
1,326Sq Ft
1Garage
2000Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this well cared for two level townhome situated in a desirable neighborhood of Red Deer, just a short distance from local schools and the Collicutt Centre.

Designed for comfortable family living, this home offers three bedrooms on the upper level, while the fully developed basement provides an additional bedroom and full bathroom — ideal for guests, teens, or a private home office. The lower-level family room features a cozy fireplace, creating the perfect space to unwind.

The main floor is...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeFour Plex
Total Finished Area1,326 sq ft
Lot Size2,250 sq ft
ZoningR2
HeatingForced Air • Natural Gas
CoolingNone
ParkingAlley Access • Single Garage Detached
ExteriorLighting • Private Yard
BasementFull
Year Built2000
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$970After mortgage & expenses
Cap Rate7.8%Based on market rents
Cash on Cash Return16.6%With 20% down payment
Est. Monthly Rent$2,521Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

ASPEN RIDGE

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

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Listed by Sheldon Pierson · Onyx Realty Ltd.