Active

EAGLE RIDGE

116, 136c Sandpiper Road , Fort McMurray, AB

$116,500

Residential · MLS® A2303220
0Bedrooms
1Bathrooms
550Sq Ft
1Garage
2008Year Built
02 / Overview

PROPERTY OVERVIEW

Commuters- Why rent when you can own for less! Turnkey ground floor studio apartment offering exceptional value for first-time buyers, commuters, or investors alike. This well-designed unit features an open-concept layout with a functional kitchen, four-piece bathroom, in-suite laundry, and a generous in-suite storage area for added convenience. Recent improvements include paint, vinyl plank flooring, and newer fridge, washer, dryer and toilet. Enjoy easy ground-level access to your private patio, complete with a gas line for BBQs, and direct access...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys6
Total Finished Area550 sq ft
ZoningR5
HeatingBaseboard
CoolingCentral Air
ParkingStall • Titled
ExteriorBBQ gas line
Year Built2008
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$37After mortgage & expenses
Cap Rate4.8%Based on market rents
Cash on Cash Return1.9%With 20% down payment
Est. Monthly Rent$963Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

EAGLE RIDGE

Premium Investment
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Investment Score100/100
Avg Home PriceN/A
Active ListingsN/A
Listed by JAMIE HEWAT · COLDWELL BANKER UNITED