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#502, 1940 Parkside Way , Coaldale, AB

$495,000

Residential · MLS® A2301433
3Bedrooms
3Bathrooms
1,122Sq Ft
2Garage
2023Year Built
02 / Overview

PROPERTY OVERVIEW

Stunning 3-bedroom, 3-bathroom 55+ condo offers a perfect blend of luxury and functionality located in the desirable town of Coaldale. With meticulous attention to detail and high-quality finishes, this home is designed for those who appreciate an upscale lifestyle with minimal upkeep. Open Concept Living this home features; 9" ceilings, open. floor plan, partially developed basement featuring bedroom and bath, main floor laundry, central a/c. Upgrades include fireplace and mantel, vinyl flooring and all appliances. This home...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeTriplex
Total Finished Area1,122 sq ft
ZoningR
HeatingForced Air • Natural Gas
CoolingCentral Air
ParkingDouble Garage Attached
ExteriorBBQ gas line
BasementFull
Year Built2023
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$434After mortgage & expenses
Cap Rate3.4%Based on market rents
Cash on Cash Return-5.3%With 20% down payment
Est. Monthly Rent$2,114Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

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Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by GLENN KINNELL · SUTTON GROUP - LETHBRIDGE