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MICHENER HILL
7 Michener Boulevard , Red Deer, AB
$550,000
Residential · MLS® A23203184Bedrooms
3Bathrooms
1,267Sq Ft
2Garage
2011Year Built
02 / Overview
PROPERTY OVERVIEW
Spacious, beautifully maintained, and impeccably cared for, this exceptional half duplex offers the square footage, privacy, and yard space often found in a single-family home. Located in a desirable 55+ adult-living bare land condominium community, this property combines comfort, convenience, and low-maintenance living. The welcoming main floor features a generous entryway, a versatile bedroom or home office, and a stunning primary retreat complete with a walk-in closet, spa-inspired ensuite, and direct access to the deck. The well-appointed kitchen is designed...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeDuplex
Total Finished Area1,267 sq ft
Lot Size3,859 sq ft
ZoningR-D
HeatingIn Floor • Forced Air
CoolingCentral Air
ParkingDouble Garage Attached
ExteriorPrivate Yard
BasementFull
Year Built2011
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$272After mortgage & expenses
Cap Rate3.9%Based on market rents
Cash on Cash Return-3.0%With 20% down payment
Est. Monthly Rent$2,417Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
MICHENER HILL
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Donna Empringham · Royal LePage Network Realty Corp.