Active
DOWNTOWN RED DEER
305, 4522 47a Avenue , Red Deer, AB
$211,000
Residential · MLS® A22919332Bedrooms
2Bathrooms
933Sq Ft
1Garage
1996Year Built
02 / Overview
PROPERTY OVERVIEW
This beautifully kept 2 bedroom, 2 bathroom apartment style condo offers the perfect blend of comfort and convenience right in the heart of downtown Red Deer. You’ll love the walkability with just a short stroll to the Rec Centre, the Museum, and Golden Circle, making it an ideal home for anyone who enjoys being close to community amenities. Located on the 3rd floor with a private balcony and added storage, this unit features an inviting open layout, great natural light,...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area933 sq ft
Lot Size1,019 sq ft
ZoningR-H
HeatingBaseboard • Boiler
CoolingWindow Unit(s)
ParkingAssigned • Stall • Underground
ExteriorBalcony • Storage
BasementNone
Year Built1996
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$246After mortgage & expenses
Cap Rate5.9%Based on market rents
Cash on Cash Return7.0%With 20% down payment
Est. Monthly Rent$1,733Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
DOWNTOWN RED DEER
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by John Cloke · Century 21 Maximum