Active
WOODLEA
204, 4515 53 Street , Red Deer, AB
$134,900
Residential · MLS® A22937191Bedrooms
1Bathrooms
682Sq Ft
1Garage
1981Year Built
02 / Overview
PROPERTY OVERVIEW
Welcome to the comfort & convenience of 4515 53 Street, unit #204 nestled in Red Deer’s Woodlea subdivision. This 1 bedroom, 1 bathroom unit in Woodlea Estates low-rise condo complex (approx. 25 units, built 1981) features a practical floor plan with ample natural light. The unit offers a spacious living area, with patio door access to the South facing private Balcony, separate dining area, and functional galley style kitchen, along with a good sized bedroom, 4 piece bathroom, and...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area682 sq ft
ZoningR-M
HeatingBaseboard
CoolingNone
ParkingAssigned • Off Street • Parkade
ExteriorBalcony
Year Built1981
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$150After mortgage & expenses
Cap Rate5.8%Based on market rents
Cash on Cash Return6.7%With 20% down payment
Est. Monthly Rent$1,244Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
WOODLEA
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Kelly Jones · Coldwell Banker OnTrack Realty