Active

RAINBOW FALLS

176 Cascades Passage , Chestermere, AB

$345,000

Residential · MLS® A2294337
2Bedrooms
3Bathrooms
1,224.6Sq Ft
2Garage
2011Year Built
02 / Overview

PROPERTY OVERVIEW

OPEN HOUSE: SUNDAY MAY 3RD, 12:00 TO 3:00 pm. Are you a first time home buyer? Now is a perfect time to get into the market, bank of Canada rate is staying were it is, and a great time to buy your first home! Cascades of Rainbow Falls is a community within Chestermere Lake with quick access to the City of Calgary. This well-maintained townhome backs directly onto greenspace and a playground, an ideal setting for young families....

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeFive Plus
Total Finished Area1,224.6 sq ft
ZoningR-3
HeatingForced Air • Natural Gas
CoolingNone
ParkingAssigned • Stall
ExteriorCourtyard • Playground
BasementFull
Year Built2011
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$210After mortgage & expenses
Cap Rate5.2%Based on market rents
Cash on Cash Return3.6%With 20% down payment
Est. Monthly Rent$2,243Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

RAINBOW FALLS

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Investment ScoreN/A
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Listed by Patricia Henderson · RE/MAX Landan Real Estate