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TILLICUM BEACH

211 Red Wing Crescent , Tillicum Beach, AB

$310,000

Residential · MLS® A2293846
3Bedrooms
1Bathrooms
988Sq Ft
4Garage
1967Year Built
02 / Overview

PROPERTY OVERVIEW

Imagine peaceful life at the lake, enjoying the serenity that Tillicum Beach has to offer. The fishing, the views, the community. Imagine no more with this well kept home on two lots overlooking Dried Meat Lake! This three bed, one bath home is move in ready. With all new fencing to keep your fur babies in, copious amounts of parking and million dollar views, this home is perfect for you or as an Airbnb or rental....

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area988 sq ft
Lot Size14,000 sq ft
ZoningR
HeatingForced Air
CoolingNone
ParkingOff Street
ExteriorFire Pit • Private Yard
BasementNone
Year Built1967
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$437After mortgage & expenses
Cap Rate6.2%Based on market rents
Cash on Cash Return8.5%With 20% down payment
Est. Monthly Rent$1,879Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

TILLICUM BEACH

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Investment ScoreN/A
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Listed by Lucas Banack · RE/MAX Real Estate (Edmonton) Ltd.