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5111 Shannon Drive , Olds, AB

$575,000

Residential · MLS® A2292047
3Bedrooms
3Bathrooms
1,532.2Sq Ft
2Garage
2001Year Built
02 / Overview

PROPERTY OVERVIEW

Right-size your lifestyle!! Have the kids moved on, but you still want the space to host their growing families and spend time with good friends? This beautifully maintained 3 bedroom, 3 bath bungalow offers the room you need—without feeling overwhelming. Thoughtfully designed with a functional layout and designer touches throughout, this home blends an executive feel with everyday comfort. The spacious oak kitchen is ideal for both small and large gatherings, featuring ample cabinetry, a walk-in pantry, and a...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,532.2 sq ft
Lot Size6,490 sq ft
ZoningR1
HeatingForced Air • Natural Gas
CoolingCentral Air
ParkingConcrete Driveway • Double Garage Attached • Front Drive • Garage Door Opener • Side By Side
ExteriorNone
BasementFull
Year Built2001
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$189After mortgage & expenses
Cap Rate4.9%Based on market rents
Cash on Cash Return2.0%With 20% down payment
Est. Monthly Rent$2,831Based 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 Shelley Kohut · REMAX ACA Realty