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DRAKE LANDING

108 Drake Landing Court , Okotoks, AB

$614,000

Residential · MLS® A2304866
4Bedrooms
4Bathrooms
1,641.23Sq Ft
2Garage
2005Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this beautiful detached two storey home offering 2,431 sq. ft. of developed living space, complete with 4 bedrooms and 3.5 bathrooms, 21’4”x 21’1” detached garage, paved laneway, plus an additional covered carport. Ceramic and hardwood flooring carries through the main, with fresh carpet upstairs, and LVP at the lower level. This home was part of Drake Landing Solar Community, decommissioned in 2024 this home was converted to traditional heating systems, all the homes’ major components are...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,641.23 sq ft
Lot Size4,130 sq ft
ZoningTN
HeatingForced Air • Natural Gas
CoolingCentral Air
ParkingAttached Carport • Covered • Double Garage Detached
ExteriorOther
BasementFull
Year Built2005
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$249After mortgage & expenses
Cap Rate5.0%Based on market rents
Cash on Cash Return2.4%With 20% down payment
Est. Monthly Rent$3,072Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

DRAKE LANDING

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Listed by Jodi Hanrahan · CIR Realty