Active
RIVERCREST
224 River Heights Drive , Cochrane, AB
$579,999
Residential · MLS® A23040954Bedrooms
4Bathrooms
1,588Sq Ft
2Garage
2021Year Built
02 / Overview
PROPERTY OVERVIEW
INVESTOR ALERT !!!! Welcome to this stunning, sun-filled, and thoughtfully designed fully finished semi-detached home, complete with a walkout illegal basement suite. UPSTAIRS IS RENTED FOR $2550/MONTH+60% UTILITIES AND BASEMENT IS RENTED FOR $1,300/MONTH+40% UTILITIES. It is located in one of Cochrane’s most sought-after communities—Rivercrest. Framed by breathtaking mountain views and just steps from Bow Valley School, this home offers an exceptional setting for families and investors alike. Boasting over 2,100 sq. ft. of well-planned living space,...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeDuplex
Total Finished Area1,588 sq ft
Lot Size2,714 sq ft
ZoningR-MX
HeatingForced Air • Natural Gas
CoolingNone
ParkingDouble Garage Detached • Oversized
ExteriorOther
BasementFull
Year Built2021
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$518After mortgage & expenses
Cap Rate5.5%Based on market rents
Cash on Cash Return5.4%With 20% down payment
Est. Monthly Rent$3,200Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
RIVERCREST
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Raj Bhopla · eXp Realty