Active
MEADOW LAKE
306, 499 Meadow Lake Court , Brooks, AB
$300,000
Residential · MLS® A22915422Bedrooms
2Bathrooms
1,016Sq Ft
2Garage
2020Year Built
02 / Overview
PROPERTY OVERVIEW
Welcome to easy, carefree living in the highly sought-after Meadow Brook Estates! This beautifully finished 1,016 sq. ft. adult condo offers the perfect blend of comfort, style, and convenience in a secure, adult-oriented community designed for a true lock-and-leave lifestyle.
Step inside and you’ll immediately appreciate the bright, open layout with large windows that flood the space with natural light. The home features two generously sized bedrooms, including a spacious primary suite complete with a luxurious 3-piece ensuite, along with a...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area1,016 sq ft
ZoningR-HD
HeatingBaseboard • Hot Water
CoolingWall Unit(s)
ParkingAssigned • Covered • Garage Door Opener • Off Street • Parkade • Stall
ExteriorBalcony • Lighting • Storage
Year Built2020
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$316After mortgage & expenses
Cap Rate3.2%Based on market rents
Cash on Cash Return-6.3%With 20% down payment
Est. Monthly Rent$1,878Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
MEADOW LAKE
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Zane Shaw · MaxWell Capital Realty - Brooks