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THORBURN

1503 Thorburn Drive Se, Airdrie, AB

$550,000

Residential · MLS® A2293270
5Bedrooms
3Bathrooms
2,233.44Sq Ft
2Garage
1999Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this well maintained 5-bedroom, 3-bathroom home in the desirable community of Thorburn-Airdrie, ideally located close to parks/schools and walking paths. Inside, you'll be welcomed by a bright tiled foyer, vaulted ceilings with a skylight, and a spacious kitchen designed perfectly for family living and entertaining. The home features two cozy fireplaces, central air conditioning, elegant oak finishes, and beautiful ceramic tile accents throughout. This property showcases numerous updates, including a new furnace (2024), hot water tank (2018), roof...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area2,233.44 sq ft
Lot Size4,904 sq ft
ZoningR1
HeatingForced Air • Natural Gas
CoolingNone
ParkingDouble Garage Attached
ExteriorPrivate Yard
BasementFull
Year Built1999
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,560After mortgage & expenses
Cap Rate7.9%Based on market rents
Cash on Cash Return17.0%With 20% down payment
Est. Monthly Rent$4,159Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

THORBURN

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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A

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Listed by Max Mills-Zikmund · LPT Realty