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SOUTH POINT

1357 South Point Parade Sw, Airdrie, AB

$689,000

Residential · MLS® A2296206
3Bedrooms
3Bathrooms
2,054Sq Ft
2Garage
2025Year Built
02 / Overview

PROPERTY OVERVIEW

South Point is in its final phase. No HOA fees. Elementary school steps away. QE2 access. South Point Village, 415,000 sq ft of retail and commercial, under construction next door.

2025 Vesta build. 2,054 sq ft above grade. 3 bedrooms plus bonus room and main floor office. 2.5 baths. Double attached garage. Black hardware package throughout. Gas range. Quartz counters. Cabinets to ceiling. Primary bedroom with walk-in closet and 5-piece ensuite. Washer and dryer included. Rear deck. 9' ceilings on main.

Lot...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area2,054 sq ft
Lot Size3,993 sq ft
ZoningR1-U
HeatingForced Air • Natural Gas
CoolingNone
ParkingDouble Garage Attached
ExteriorPlayground
BasementFull
Year Built2025
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$562After mortgage & expenses
Cap Rate5.5%Based on market rents
Cash on Cash Return4.9%With 20% down payment
Est. Monthly Rent$3,745Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

SOUTH POINT

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Investment ScoreN/A
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Listed by Mike Bhalla · CIR Realty