01 / Property Detail
ABASAND
1226, 201 Abasand Drive , Fort McMurray, AB
$129,900
Residential · MLS® A22915813Bedrooms
1Bathrooms
934Sq Ft
1Garage
2017Year Built
02 / Overview
PROPERTY OVERVIEW
WOW! ACT FAST! This is an AMAZING OPPORTUNITY to own in a newer multifamily Complex in ABASAND (built 2017). So much to LOVE about the neighborhood! Walking trails, schools, nestled close to downtown, makes this investment opportunity an attractive buy for the SAVVY first time home buyer or investor. If you are looking for AFFORDABLE LIVING, LOOK NO FURTHER! This 3 bedroom, 1 bath condo is located in a secure building with elevator. This beautiful apt features...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys4
Total Finished Area934 sq ft
ZoningR3
HeatingHot Water • Natural Gas
CoolingNone
ParkingAssigned • Underground
ExteriorBalcony • None
Year Built2017
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$649After mortgage & expenses
Cap Rate10.5%Based on market rents
Cash on Cash Return30.0%With 20% down payment
Est. Monthly Rent$1,785Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
ABASAND
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by SUZANNE ANDERSON · RE/MAX Connect