Active
CAPSTONE
105, 5590 45 Street , Red Deer, AB
$279,000
Residential · MLS® A23195861Bedrooms
1Bathrooms
823Sq Ft
1Garage
2001Year Built
02 / Overview
PROPERTY OVERVIEW
One of Red Deer’s premier adult condominium communities! This well-maintained one-bedroom plus den unit offers an inviting open-concept layout, perfect for comfortable living and entertaining. The spacious kitchen features ample counter space, a pantry, and several appliances that have been updated within the past few years.The bright living room is highlighted by a cozy gas fireplace and patio doors leading to a large, partially covered, fenced patio—an ideal space to relax and enjoy the outdoors. This unit includes one heated...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area823 sq ft
ZoningCAP-PR
HeatingFireplace(s) • Hot Water
CoolingCentral Air
ParkingSecured • Underground
ExteriorBarbecue
Year Built2001
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$476After mortgage & expenses
Cap Rate2.4%Based on market rents
Cash on Cash Return-10.2%With 20% down payment
Est. Monthly Rent$1,490Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
CAPSTONE
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Gordon Ing · RE/MAX real estate central alberta