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COPPERWOOD

66 Coalbanks Gate W, Lethbridge, AB

$585,000

Residential · MLS® A2296736
5Bedrooms
3Bathrooms
1,517.27Sq Ft
2Garage
2006Year Built
02 / Overview

PROPERTY OVERVIEW

Imagine your home generating income to offset costs? This property produced $1,992.68 in positive cash flow last year from the solar panels — completely covering all electricity expenses. A unique chance to embrace contemporary living with integrated energy benefits!

Step into this generous 5-bedroom home with a primary suite thoughtfully placed above the garage! The fully finished, heated garage brings comfort and multi-purpose use throughout the seasons.

You'll appreciate the lovely updated kitchen displaying granite countertops and a versatile layout ideal for...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,517.27 sq ft
Lot Size4,595 sq ft
ZoningR-SL
HeatingForced Air
CoolingCentral Air
ParkingDouble Garage Attached
ExteriorPrivate Yard
BasementFull
Year Built2006
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$216After mortgage & expenses
Cap Rate4.9%Based on market rents
Cash on Cash Return2.2%With 20% down payment
Est. Monthly Rent$2,905Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

COPPERWOOD

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Investment ScoreN/A
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Active ListingsN/A

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Listed by Edwin Quinteros · eXp Realty of Canada