WOODLEA

4420 53 Street , Red Deer, AB

$435,000

Residential · MLS® A2320397

3Bedrooms

2Bathrooms

1,312Sq Ft

2Garage

1959Year Built

02 / Overview

PROPERTY OVERVIEW

Welcome to Woodlea, one of Red Deer’s most charming and established neighbourhoods, known for its tree-lined streets, character homes, and beautiful mix of classic and modern architecture. This beautifully updated 4-level split offers the perfect blend of timeless character and modern comfort, showcasing pride of ownership inside and out. The bright and spacious main floor features is an inviting layout with a refreshed kitchen, dining area, and cozy living room with plenty of big windows providing tons of natural light....

03 / Details

PROPERTY DETAILS

Property TypeResidential

Building TypeHouse

Total Finished Area1,312 sq ft

Lot Size6,621 sq ft

ZoningR-L

HeatingForced Air

CoolingNone

ParkingAttached Carport

ExteriorPrivate Yard

BasementFull

Year Built1959

04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$432After mortgage & expenses

Cap Rate5.7%Based on market rents

Cash on Cash Return6.0%With 20% down payment

Est. Monthly Rent$2,446Based on comparable rentals

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

05 / Location

WOODLEA

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Investment ScoreN/A

Avg Home PriceN/A

Active ListingsN/A

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Listed by Zachary McQueen · Royal LePage Network Realty Corp.