Active
STRATHMORE LAKES ESTATES
1 Lakes Estates Circle , Strathmore, AB
$639,900
Residential · MLS® A23151854Bedrooms
3Bathrooms
1,493Sq Ft
2Garage
2017Year Built
02 / Overview
PROPERTY OVERVIEW
Welcome to this beautiful fully developed walkout bungalow in the desirable community of Strathmore Lakes Estates. Set in a fantastic location with walking paths around the lake, nearby playgrounds, parks, shopping, and everyday amenities close by, this home offers the perfect blend of comfort, style, and convenience. Located on the west side of Strathmore, you’ll also appreciate the quick access to Highway 1, making commuting in and out of town simple.
From the moment you arrive, this home makes a strong...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,493 sq ft
Lot Size6,243 sq ft
ZoningR1
HeatingFireplace(s) • Forced Air • Natural Gas
CoolingCentral Air
ParkingDouble Garage Attached • Heated Garage • Insulated
ExteriorOther • Private Yard
BasementFull
Year Built2017
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$110After mortgage & expenses
Cap Rate4.3%Based on market rents
Cash on Cash Return-1.0%With 20% down payment
Est. Monthly Rent$2,813Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
STRATHMORE LAKES ESTATES
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Guy Cooley · RE/MAX First