Active
TIMBERLANDS
475 Townsend Street , Red Deer, AB
$799,000
Residential · MLS® A23109244Bedrooms
5Bathrooms
2,133Sq Ft
3Garage
2015Year Built
02 / Overview
PROPERTY OVERVIEW
A rare opportunity offering exceptional flexibility, modern design living in the sought-after community of Timberlands. Whether you’re accommodating aging parents, adult children, a nanny, snowbirds, or exploring home-based business possibilities, this unique property delivers with a stunning executive-style home, legal suite, and three garage spaces.
The modern 2-storey main home features 3 bedrooms plus a main floor office, 4 bathrooms, and a bright open-concept layout designed for both everyday living and entertaining. Beautiful tile flooring flows throughout the main living areas,...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area2,133 sq ft
Lot Size4,326 sq ft
ZoningR1-C
HeatingCentral • In Floor • Fireplace(s) • Natural Gas
CoolingNone
ParkingAdditional Parking • Alley Access • Double Garage Attached • Driveway • Front Drive • Garage Door Opener • Garage Faces Front • Garage Faces Rear • Guest • Heated Garage • Insulated • Single Garage Attached
ExteriorBalcony • Courtyard • Private Entrance • Private Yard • Rain Gutters
BasementFull
Year Built2015
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$434After mortgage & expenses
Cap Rate3.8%Based on market rents
Cash on Cash Return-3.3%With 20% down payment
Est. Monthly Rent$3,200Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
TIMBERLANDS
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Alex Wilkinson · Royal LePage Network Realty Corp.