Active
DOWNEY RIDGE
804 Downey Place , Okotoks, AB
$669,000
Residential · MLS® A23160494Bedrooms
4Bathrooms
1,949Sq Ft
2Garage
1988Year Built
02 / Overview
PROPERTY OVERVIEW
Welcome to 804 Downey Place, a beautifully updated family home tucked away in a quiet cul-de-sac in one of Okotoks' most established and sought-after neighborhoods. Situated on a massive pie-shaped lot backing onto a pathway system, this property offers an incredible amount of outdoor space for children, pets, gardening, and entertaining. This home has been lovingly maintained by its owners, and have continued with updates over the years. Many of the major expenses have already been taken care of,...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,949 sq ft
Lot Size7,857 sq ft
ZoningTN
HeatingForced Air
CoolingCentral Air
ParkingDouble Garage Attached
ExteriorPlayground • Private Yard • Storage
BasementFull
Year Built1988
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$522After mortgage & expenses
Cap Rate5.4%Based on market rents
Cash on Cash Return4.7%With 20% down payment
Est. Monthly Rent$3,611Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
DOWNEY RIDGE
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Investment ScoreN/A
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Active ListingsN/A
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Listed by Alison Marshall · REMAX Innovations