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361 Birchcliff Road , Birchcliff, AB
$1,799,000
Residential · MLS® A23064672Bedrooms
1Bathrooms
1,051Sq Ft
2Garage
1959Year Built
02 / Overview
PROPERTY OVERVIEW
Located on the sunny side of Sylvan Lake in highly sought-after summer village of Birchcliff .This rare 75’ x 400’ waterfront lot offers an incredible opportunity to own a truly special piece of lakefront property. Lots of this size and depth are exceptionally hard to find and seldom come to market. The cozy vintage cabin is full of warmth and character, offering the perfect setting for those seeking a peaceful, rustic lake lifestyle. Surrounded by mature trees with breathtaking views...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,051 sq ft
Lot Size34,848 sq ft
ZoningR
HeatingFireplace(s) • Forced Air • Natural Gas
CoolingNone
ParkingDouble Garage Detached
ExteriorPrivate Yard
BasementNone
Year Built1959
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$5,980After mortgage & expenses
Cap Rate0.5%Based on market rents
Cash on Cash Return-19.9%With 20% down payment
Est. Monthly Rent$1,939Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
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Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Al Sim · RE/MAX real estate central alberta