Active

DRAKE LANDING

83 Drake Landing Loop , Okotoks, AB

$609,900

Residential · MLS® A2290992
3Bedrooms
4Bathrooms
1,817Sq Ft
2Garage
2013Year Built
02 / Overview

PROPERTY OVERVIEW

Located just 15 minutes south of Calgary in the welcoming town of Okotoks, this wonderful two-storey home sits on a desirable corner lot in the sought-after community of Drake Landing. The location offers exceptional convenience with nearby playgrounds, parks, schools, shopping, and the local golf course all just minutes away. The bright and inviting main floor features an open-concept layout designed for comfortable everyday living and entertaining. Beautiful hardwood flooring flows through the living room, dining area, and kitchen, while...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,817 sq ft
Lot Size3,870 sq ft
ZoningTN
HeatingForced Air
CoolingNone
ParkingOff Street • Parking Pad
ExteriorNone
BasementFull
Year Built2013
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$512After mortgage & expenses
Cap Rate5.5%Based on market rents
Cash on Cash Return5.0%With 20% down payment
Est. Monthly Rent$3,330Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

DRAKE LANDING

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Investment ScoreN/A
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Listed by David Brown · TREC The Real Estate Company