Active
GARDEN HEIGHTS
38 Grove Close , Red Deer, AB
$1,049,000
Residential ยท MLSยฎ A22934574Bedrooms
3Bathrooms
1,723Sq Ft
2Garage
2013Year Built
02 / Overview
PROPERTY OVERVIEW
Prepare to be mesmerized by this stunning walkout bungalow, nestled on a serene cul-de-sac that backs onto a protected reserve and the renowned Red Deer trail system. As you step inside this exquisite residence, you'll immediately appreciate its refined charm. The custom epoxy concrete floors guide you into a remarkable living space, where a spacious living room adorned with an impressive array of windows showcases breathtaking views of the natural surroundings right outside your door.
The kitchen is a chef's paradise,...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,723 sq ft
Lot Size5,616 sq ft
ZoningR-L
HeatingIn Floor
CoolingNone
ParkingDouble Garage Attached
ExteriorOther
BasementFull
Year Built2013
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$1,507After mortgage & expenses
Cap Rate2.7%Based on market rents
Cash on Cash Return-8.6%With 20% down payment
Est. Monthly Rent$3,215Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
GARDEN HEIGHTS
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Listed by Steven Cormack ยท Royal LePage Network Realty Corp.