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RIVERWOOD ESTATES

185 Riverwood Crescent , Diamond Valley, AB

$674,900

Residential · MLS® A2296217
2Bedrooms
2Bathrooms
1,118Sq Ft
2Garage
2024Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this beautifully designed custom-built bungalow in the highly sought-after Riverwood Estates community. Completed in November 2024, this nearly new, fully landscaped, turnkey home offers effortless single-level living with no surprises.

Vaulted ceilings and expansive windows fill the open-concept living space with natural light, creating a bright and inviting atmosphere. A sleek electric fireplace adds warmth and modern elegance, while the seamless layout connects the kitchen, dining, and living areas for both everyday comfort and entertaining. The gourmet kitchen features...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,118 sq ft
Lot Size5,877 sq ft
ZoningR1
HeatingForced Air
CoolingNone
ParkingAdditional Parking • Double Garage Attached • Driveway • Front Drive • Garage Faces Front • Insulated
ExteriorPrivate Yard
BasementFull
Year Built2024
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$980After mortgage & expenses
Cap Rate2.7%Based on market rents
Cash on Cash Return-8.7%With 20% down payment
Est. Monthly Rent$2,057Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

RIVERWOOD ESTATES

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Investment ScoreN/A
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Listed by Laura Kitchen · RE/MAX Landan Real Estate