01 / Property Detail

TIMBERLEA

118, 313 Millennium Drive , Fort McMurray, AB

$209,900

Residential · MLS® A2291023
4Bedrooms
4Bathrooms
1,566Sq Ft
1Garage
2010Year Built
02 / Overview

PROPERTY OVERVIEW

FANTASTIC Opportunity knocks! Answer the door! This townhome/condo is not just a great buy but space for the entire family! A bit of sweat equity and this 4 bedrooms and 3.5 bathrooms is the perfect investment property. A bonus the basement is developed with an extra room, laundry and utility room. The main floor bedroom features its own private entrance and the 2nd floor features a huge kitchen open concept floor plan to the dining/living room...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeFive Plus
Total Finished Area1,566 sq ft
ZoningR2-1
HeatingFloor Furnace • Natural Gas
CoolingNone
ParkingSingle Garage Attached
ExteriorNone
BasementFull
Year Built2010
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,461After mortgage & expenses
Cap Rate12.8%Based on market rents
Cash on Cash Return41.8%With 20% down payment
Est. Monthly Rent$2,941Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

TIMBERLEA

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

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Listed by GREG WALSH · RE/MAX Connect