Active
ASPEN RIDGE
167 Addington Drive , Red Deer, AB
$740,000
Residential · MLS® A23127214Bedrooms
4Bathrooms
2,238Sq Ft
2Garage
2005Year Built
02 / Overview
PROPERTY OVERVIEW
WELCOME TO 167 ADDINGTON DRIVE, a fully finished former show home in Aspen Ridge, one of southeast Red Deer's most established and family-friendly neighbourhoods. With over 2,000 square feet above grade, a finished basement, and a thoughtful layout, this home offers the space, comfort, and flexibility today's families are looking for. --- THE MAIN FLOOR FEATURES a bright open-concept design where the kitchen, dining, and living areas flow naturally together. Hardwood flooring, a cozy gas fireplace,...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area2,238 sq ft
Lot Size5,522 sq ft
ZoningR-L
HeatingIn Floor • Fireplace(s) • Forced Air • Natural Gas
CoolingCentral Air
ParkingDouble Garage Attached • Driveway • Front Drive • Garage Door Opener • Insulated
ExteriorPrivate Yard • Rain Gutters
BasementFull
Year Built2005
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$694After mortgage & expenses
Cap Rate5.6%Based on market rents
Cash on Cash Return5.6%With 20% down payment
Est. Monthly Rent$4,117Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
ASPEN RIDGE
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Investment ScoreN/A
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Listed by Deborah Hansen · eXp Realty - Red Deer