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LUCAS HEIGHTS

5215 67 Street , Ponoka, AB

$844,900

Residential · MLS® A2304637
5Bedrooms
4Bathrooms
2,468Sq Ft
5Garage
1985Year Built
02 / Overview

PROPERTY OVERVIEW

One original owner since 1985. Fourteen and a half acres of Urban Reserve land inside the Town of Ponoka. That combination doesn't come up often, and when it does, it tends to be held, not sold.

This is the kind of property that gives you a country lifestyle without the country commute. You are on paved roads, minutes from schools, the hospital, shopping, and the arena, while looking out at 14.52 acres of your own land. Urban Reserve zoning permits agricultural...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area2,468 sq ft
Lot Size632,491 sq ft
ZoningUR
HeatingHigh Efficiency • Forced Air • Natural Gas
CoolingCentral Air
Parking220 Volt Wiring • Double Garage Detached • Triple Garage Attached
ExteriorAwning(s) • BBQ gas line
BasementFull
Year Built1985
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$667After mortgage & expenses
Cap Rate5.4%Based on market rents
Cash on Cash Return4.7%With 20% down payment
Est. Monthly Rent$4,569Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

LUCAS HEIGHTS

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Listed by Lisa Smith · Coldwell Banker OnTrack Realty