$475,900

Residential · MLS® A2290322
2Bedrooms
1Bathrooms
988Sq Ft
3Garage
2017Year Built
02 / Overview

PROPERTY OVERVIEW

Peaceful 10.21-Acre Acreage with Home, Shop & Crown Land Access – Just 30 Minutes from Grande Prairie! Welcome to this beautifully treed property located in the quiet subdivision of **Aspen Grove**, just southwest of Grovedale and a convenient 30-minute drive from Grande Prairie. With paved road access all the way to the subdivision, this is an ideal opportunity for those seeking peaceful country living without sacrificing accessibility. The property features a charming 988 sq.ft. bungalow, built in 2017 and set...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area988 sq ft
Lot Size444,747 sq ft
ZoningCR1
HeatingIn Floor • Propane
CoolingNone
ParkingTriple Garage Detached
ExteriorOther • Private Yard
BasementNone
Year Built2017
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$280After mortgage & expenses
Cap Rate3.8%Based on market rents
Cash on Cash Return-3.5%With 20% down payment
Est. Monthly Rent$1,829Based 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 Cory Pelchat · Grassroots Realty Group Ltd.