RIDGEGATE

128 Ridgegate Way Sw, Airdrie, AB

$489,900

Residential · MLS® A2312727

4Bedrooms

3Bathrooms

1,021.93Sq Ft

2Garage

1982Year Built

02 / Overview

PROPERTY OVERVIEW

INVESTOR ALERT | 3 SEPARATE LIVING AREAS | 2 ILLEGAL BASEMENT SUITES | PRIME LOCATION Ideally Located With Quick Access To The City Centre And Close To Shopping Plazas, A Brand New Library, Urgent Care Facilities, Schools, Parks, Places Of Worship, And Convenient Public Transit, This Bungalow Offers Both Comfort And Exceptional Convenience. The Property Features Three Separate Living Areas, Offering Excellent Flexibility And Strong Income-Generating Potential. The Main Floor Features A Bright And Inviting Living Room With Hardwood Flooring...

03 / Details

PROPERTY DETAILS

Property TypeResidential

Building TypeHouse

Total Finished Area1,021.93 sq ft

Lot Size4,499 sq ft

ZoningR1

HeatingForced Air

CoolingNone

ParkingOff Street • Parking Pad

ExteriorPrivate Entrance • Private Yard

BasementFull

Year Built1982

04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$910After mortgage & expenses

Cap Rate6.7%Based on market rents

Cash on Cash Return11.1%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

RIDGEGATE

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Investment ScoreN/A

Avg Home PriceN/A

Active ListingsN/A

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Listed by Manraj Samra · Royal LePage METRO