Active

RAINBOW FALLS

176 Cascades Passage , Chestermere, AB

$354,900

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

PROPERTY OVERVIEW

Located in the highly desirable Cascades of Rainbow Falls in the lake community of Chestermere, this well-maintained townhome backs directly onto greenspace and a playground, an ideal setting for families. Beautifully presented, the home features hardwood flooring throughout the main level and welcomes you into a spacious, inviting living room upon entry.

The kitchen is designed for both everyday living and entertaining, showcasing stainless steel appliances and a large textured island that offers both style and functionality. A convenient 2-piece bathroom...

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+$167After mortgage & expenses
Cap Rate5.0%Based on market rents
Cash on Cash Return2.8%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