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8 Oliver Avenue , Gull Lake, AB

$1,058,000

Residential · MLS® A2304216
6Bedrooms
2Bathrooms
2,878.82Sq Ft
2Garage
2009Year Built
02 / Overview

PROPERTY OVERVIEW

Where the pines meet the water, this exceptional Douglas fir log home at Gull Lake makes a statement that few properties can. A 2009 log package carefully completed in 2012, the home benefited from years of use as a beloved summer getaway — allowing the logs to cure naturally over time, yielding remarkably little settling and a home that presents in truly immaculate condition. Spanning just under 2,700 square feet of masterfully crafted living space, it blends the timeless warmth...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area2,878.82 sq ft
Lot Size16,552 sq ft
ZoningR1
HeatingBoiler
CoolingNone
ParkingDouble Garage Detached
ExteriorFire Pit
BasementNone
Year Built2009
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$471After mortgage & expenses
Cap Rate5.0%Based on market rents
Cash on Cash Return2.7%With 20% down payment
Est. Monthly Rent$5,338Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

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Needs Review
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Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Blane Friesen · CIR Realty