Active

DOWNTOWN

306, 5220 50a Avenue , Sylvan Lake, AB

$249,000

Residential · MLS® A2310149
2Bedrooms
2Bathrooms
899.66Sq Ft
1Garage
1999Year Built
02 / Overview

PROPERTY OVERVIEW

Beautifully updated unit on the main floor. Kitchen has new quartz counters and large island, living room has a stone gas fireplace. Large bedrooms, primary with ensuite and walk in closet. Why did we choose this unit? Being on the main floor, it is always cool. It has an extra window in the dining area opening up the space. Loads of storage in the crawl space. This end unit is in the Northwest corner of the complex and is very...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeFive Plus
Total Finished Area899.66 sq ft
Lot Size1,752 sq ft
ZoningRWV
HeatingCentral • Natural Gas
CoolingNone
ParkingAssigned • Paved • Stall
ExteriorBBQ gas line • Courtyard
BasementCrawl Space
Year Built1999
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$128After mortgage & expenses
Cap Rate5.1%Based on market rents
Cash on Cash Return3.1%With 20% down payment
Est. Monthly Rent$1,674Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

DOWNTOWN

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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A

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Listed by Dawn Heisler · RE/MAX Real Estate (Edmonton)