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RIVERWOOD ESTATES

185 Riverwood Crescent , Diamond Valley, AB

$688,000

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

PROPERTY OVERVIEW

OPEN HOUSE SUNDAY 29th 12-2pm. Welcome to this beautiful custom-built bungalow in Riverwood Estates, where modern comfort meets the peaceful surroundings of the Sheep River valley. Completed in November 2024, this nearly new, one-level, low-maintenance home offers easy-care living with warranties in place. Fully turnkey—landscaping complete, ready to move in, with no surprises. Step inside to bright, open-concept living spaces filled with natural light, vaulted ceilings, luxury vinyl plank flooring, and a sleek electric fireplace with mantle. The gourmet kitchen...

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-$1,037After mortgage & expenses
Cap Rate2.7%Based on market rents
Cash on Cash Return-9.1%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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Listed by Laura Kitchen · RE/MAX Landan Real Estate