ALDER HEIGHTS

450151 118 Street E, Rural Foothills County, AB

$1,125,000

Residential · MLS® A2314755

3Bedrooms

3Bathrooms

1,077.3Sq Ft

2Garage

1972Year Built

02 / Overview

PROPERTY OVERVIEW

Welcome to this wonderful 20-acre hobby farm located in desirable Alder Heights, just 8 minutes to High River, offering breathtaking mountain views, quiet location and an exceptional country lifestyle. This beautifully maintained fully finished 4-level split features 3 bedrooms and 3 bathrooms with stunning views from the living room and bedrooms. The spacious main floor offers a bright living room, formal dining area, and a functional kitchen with ample cupboard and counter space and an eating area. The bright family...

03 / Details

PROPERTY DETAILS

Property TypeResidential

Building TypeHouse

Total Finished Area1,077.3 sq ft

Lot Size873,378 sq ft

ZoningCR

HeatingFireplace(s) • Forced Air

CoolingNone

ParkingDouble Garage Detached

ExteriorGarden

BasementFull

Year Built1972

04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$2,958After mortgage & expenses

Cap Rate1.3%Based on market rents

Cash on Cash Return-15.8%With 20% down payment

Est. Monthly Rent$2,035Based on comparable rentals

Want to run your own numbers?Customize down payment, rates, and rental assumptions

05 / Location

ALDER HEIGHTS

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Investment ScoreN/A

Avg Home PriceN/A

Active ListingsN/A

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Listed by Teresa Stokke · Seller Direct Real Estate