Active
THE COVE
240 Cove Drive , Chestermere, AB
$749,900
Residential · MLS® A23144163Bedrooms
3Bathrooms
2,443.48Sq Ft
4Garage
2000Year Built
02 / Overview
PROPERTY OVERVIEW
Life really is better by the lake — especially when the beach is only a 4-minute walk from home. Welcome to The Cove in Chestermere, where this beautifully updated 2-storey home sits on a large corner lot backing onto pathways and green space. This quiet, family-friendly location offers the best of lake living with nearby sand, grassy areas, playgrounds, pickleball courts, off-leash areas, and a no-wake zone for calmer days by the water.
Inside, you’re welcomed by a bright entryway with...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area2,443.48 sq ft
Lot Size6,326 sq ft
ZoningR-1
HeatingForced Air
CoolingNone
ParkingDouble Garage Attached
ExteriorGarden • Private Yard
BasementFull
Year Built2000
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$944After mortgage & expenses
Cap Rate6.0%Based on market rents
Cash on Cash Return7.5%With 20% down payment
Est. Monthly Rent$4,426Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
THE COVE
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Jessica Ludwig · Real Broker