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BEACON HILL

310, 3 Broadway Rise , Sylvan Lake, AB

$189,900

Residential · MLS® A2291274
1Bedrooms
1Bathrooms
554.07Sq Ft
1Garage
2008Year Built
02 / Overview

PROPERTY OVERVIEW

Affordable first-time home? Perfect space to downsize? Looking to add to your investment portfolio? Look no further!

This 1-bedroom, 1-bathroom condo in the Axxess building is move-in ready! Freshly painted, carpets re-stretched, and in-unit laundry. The kitchen offers ample cabinets and counter space, flowing into a sun-filled dining area and a cozy west-facing balcony with views of the prairies and mountains.

Enjoy a spacious bedroom, 4-piece bathroom, and a versatile den that can serve as a second bedroom, office, or extra living...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area554.07 sq ft
Lot Size1,249 sq ft
ZoningR3
HeatingBaseboard
CoolingNone
ParkingAssigned • Off Street • Stall
ExteriorBalcony
Year Built2008
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$241After mortgage & expenses
Cap Rate3.0%Based on market rents
Cash on Cash Return-7.6%With 20% down payment
Est. Monthly Rent$1,020Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

BEACON HILL

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Investment ScoreN/A
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Listed by Ashlynn Morrison · Century 21 Maximum