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GLENDALE PARK ESTATES

7424 59 Avenue , Red Deer, AB

$399,900

Residential · MLS® A2292679
5Bedrooms
4Bathrooms
1,387.96Sq Ft
2Garage
2015Year Built
02 / Overview

PROPERTY OVERVIEW

Take a look at this incredible 5-bedroom, 2-storey home offered at under $400,000 — a rare find and exceptional value for a detached home built in 2015. The open-concept main floor features a bright living room, functional kitchen, dining area, and a convenient 2-piece bathroom. Upstairs, you’ll find 3 bedrooms and 2 full bathrooms, including a private ensuite off the primary bedroom. The fully finished basement adds even more living space with 2 additional bedrooms, another bathroom, and a laundry...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,387.96 sq ft
Lot Size3,880 sq ft
ZoningR-L
HeatingForced Air • Natural Gas
CoolingNone
ParkingOff Street • Outside • Unpaved
ExteriorNone
BasementFull
Year Built2015
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$806After mortgage & expenses
Cap Rate6.9%Based on market rents
Cash on Cash Return12.1%With 20% down payment
Est. Monthly Rent$2,679Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

GLENDALE PARK ESTATES

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Investment ScoreN/A
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Listed by Melissa Morin · Century 21 Maximum