Active
RIDGEGATE
128 Ridgegate Way Sw, Airdrie, AB
$499,999
Residential · MLS® A22930794Bedrooms
3Bathrooms
1,098.25Sq Ft
2Garage
1982Year Built
02 / Overview
PROPERTY OVERVIEW
INVESTOR ALERT | 3 SEPARATE LIVING AREAS | 2 ILLEGAL BASEMENT SUITES | PRIME LOCATION Ideally Located With Quick Access To The City Centre And Close To Shopping Plazas, A Brand New Library, Urgent Care Facilities, Schools, Parks, Places Of Worship, And Convenient Public Transit, This Bungalow Offers Both Comfort And Exceptional Convenience. The Property Features Three Separate Living Areas, Offering Excellent Flexibility And Strong Income-Generating Potential. The Main Floor Features A Bright And Inviting Living Room With Hardwood Flooring...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,098.25 sq ft
Lot Size4,499 sq ft
ZoningR1
HeatingForced Air
CoolingNone
ParkingParking Pad
ExteriorPrivate Entrance • Private Yard
BasementFull
Year Built1982
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$866After mortgage & expenses
Cap Rate6.5%Based on market rents
Cash on Cash Return10.4%With 20% down payment
Est. Monthly Rent$3,200Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
RIDGEGATE
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Manraj Samra · Royal LePage METRO