01 / Property Detail

PELICAN POINT_CAMR

602 Partridge Drive , Pelican Point, AB

$495,000

Residential · MLS® A2291109
5Bedrooms
2Bathrooms
1,193.83Sq Ft
5Garage
1950Year Built
02 / Overview

PROPERTY OVERVIEW

This charming property is tucked away on a private 0.49 acre lot at Pelican Point, surrounded by mature trees, and offering the perfect opportunity for comfort, space, and tranquility AT THE LAKE!! Don't let the reported age of this home fool you! A new basement poured in 2002, with concrete styrofoam block for extra insulation, and infloor heat. A Bungalow was moved on, and then extensively renovated. This well-cared-for home features 5 bedrooms, providing ample room for family and guests...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,193.83 sq ft
Lot Size21,344 sq ft
ZoningLR
HeatingIn Floor • Forced Air
CoolingCentral Air
ParkingGravel Driveway • None
ExteriorFire Pit • Garden • Private Yard • RV Hookup
BasementFull
Year Built1950
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$145After mortgage & expenses
Cap Rate4.8%Based on market rents
Cash on Cash Return1.8%With 20% down payment
Est. Monthly Rent$2,339Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

PELICAN POINT_CAMR

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

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Listed by Jane Wierzba · RE/MAX real estate central alberta