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10616 116 Street , Fairview, AB

$209,900

Residential · MLS® A2291520
4Bedrooms
2Bathrooms
1,082Sq Ft
4Garage
1962Year Built
02 / Overview

PROPERTY OVERVIEW

Don’t miss this opportunity to own a wonderful family home! This inviting property features an open-concept U-shaped kitchen that overlooks a spacious, fully fenced backyard complete with a garden—perfect for family gatherings, entertaining guests, or simply enjoying your own private outdoor space.

The main level offers a bright and airy living room, two comfortable bedrooms, and a full bathroom. Downstairs, the fully developed basement provides even more living space with two additional bedrooms, a cozy family room, a dedicated office or...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,082 sq ft
Lot Size8,126 sq ft
ZoningR1
HeatingCentral • Forced Air
CoolingNone
ParkingParking Pad • RV Access/Parking
ExteriorGarden • Storage
BasementFull
Year Built1962
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,077After mortgage & expenses
Cap Rate10.6%Based on market rents
Cash on Cash Return30.8%With 20% down payment
Est. Monthly Rent$2,094Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

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Needs Review
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Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Lenny Basnett · Royal LePage Mighty Peace Realty