Active
MERIDIAN BEACH
705 Bridgeview Road , Rural Ponoka County, AB
$899,500
Residential · MLS® A22931484Bedrooms
4Bathrooms
1,833Sq Ft
2Garage
2019Year Built
02 / Overview
PROPERTY OVERVIEW
This custom-built property holds a premium location in Meridian Beach, a lakefront community on Gull Lake, Alberta. The development offers several amenities including its unique canal feature that provides unparalleled boat access to the lake, two white sand beaches, playgrounds, volleyball, tennis/pickleball courts, & community hall. Escape from the city, while being conveniently close to Calgary, Edmonton, & Red Deer. Situated on a west-facing LAKEFRONT lot with unobstructed panoramic views! The 26x26’ heated garage offers room to park all the...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,833 sq ft
Lot Size14,649 sq ft
Zoning5
HeatingCentral • High Efficiency • In Floor • Fireplace(s) • Forced Air • Natural Gas
CoolingCentral Air
ParkingAdditional Parking • Boat • Concrete Driveway • Double Garage Attached • Garage Door Opener • Garage Faces Front • Heated Garage • Off Street • Oversized • RV Access/Parking
ExteriorBBQ gas line • Boat Slip • Dock • Fire Pit • Private Yard
BasementFull
Year Built2019
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$1,674After mortgage & expenses
Cap Rate2.2%Based on market rents
Cash on Cash Return-11.2%With 20% down payment
Est. Monthly Rent$3,408Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
MERIDIAN BEACH
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Listed by Jay McDouall · Century 21 Advantage