01 / Property Detail

MEADOWBROOK

1816 Meadowbrook Drive Se, Airdrie, AB

$489,000

Residential · MLS® A2290825
3Bedrooms
2Bathrooms
894.64Sq Ft
2Garage
1983Year Built
02 / Overview

PROPERTY OVERVIEW

**Open House Saturday, March 7th, 1-4pm** Welcome to this cozy bi-level home located on a large 520m corner lot in the mature community of Meadowbrook. Upon entry, you’re greeted by a bright and welcoming space featuring a combination of hardwood and vinyl flooring throughout the main level. The cozy living room is highlighted by a charming wood-burning fireplace, perfect for relaxing evenings.

The main floor also offers a separate dining area and a functional galley kitchen, with two large window for...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area894.64 sq ft
Lot Size5,703 sq ft
ZoningR1
HeatingForced Air • Natural Gas
CoolingCentral Air
ParkingAlley Access • On Street • Parking Pad • RV Access/Parking
ExteriorFire Pit • Private Yard • Storage
BasementFull
Year Built1983
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$451After mortgage & expenses
Cap Rate3.4%Based on market rents
Cash on Cash Return-5.5%With 20% down payment
Est. Monthly Rent$1,716Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

MEADOWBROOK

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

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Listed by Amanda Van Der Linden · Real Broker