Pending
JOHNSTONE PARK
519, 100 Jordan Parkway , Red Deer, AB
$200,000
Residential · MLS® A22932923Bedrooms
2Bathrooms
1,296.16Sq Ft
2Garage
2006Year Built
02 / Overview
PROPERTY OVERVIEW
Great opportunity in Johnstone Grand Estates! This 3 bedroom, 1.5 bathroom two-storey END UNIT townhouse is a great option for first-time buyers or investors looking for an affordable property with low monthly costs & TWO PARKING STALLS in front of the unit!
The main floor offers a good sized living room, a functional kitchen and dining area, plus a large laundry room just off the kitchen that could also work well as extra pantry space or storage.
Upstairs you’ll find three bedrooms,...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeFive Plus
Total Finished Area1,296.16 sq ft
Lot Size650 sq ft
ZoningR-M
HeatingForced Air
CoolingNone
ParkingStall
ExteriorNone
BasementNone
Year Built2006
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$1,147After mortgage & expenses
Cap Rate11.3%Based on market rents
Cash on Cash Return34.4%With 20% down payment
Est. Monthly Rent$2,418Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
JOHNSTONE PARK
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Maddison Bellamy · Royal LePage Network Realty Corp.