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DOWNTOWN LACOMBE

5406 50 Avenue , Lacombe, AB

$575,000

Residential · MLS® A2321417
3Bedrooms
2Bathrooms
2,534Sq Ft
3Garage
1910Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this beautifully restored century home located in the heart of Lacombe. This exceptional property seamlessly preserves the historic character of a turn-of-the-century build while introducing premium modern upgrades. Inside, the classic craftsmanship is on full display with bold crown molding and sophisticated wainscotting. The warm, functional kitchen features a modern downdraft gas stove, abundant storage, and extensive counter space for meal preparation. The main level transitions into an architectural focal point: the property’s unique "turret" section. The lower...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area2,534 sq ft
Lot Size17,865 sq ft
ZoningR1
HeatingForced Air
CoolingNone
ParkingOff Street • RV Access/Parking • RV Gated • Triple Garage Detached
ExteriorLighting • Other
BasementPartial
Year Built1910
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,856After mortgage & expenses
Cap Rate8.3%Based on market rents
Cash on Cash Return19.4%With 20% down payment
Est. Monthly Rent$4,585Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

DOWNTOWN LACOMBE

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Investment ScoreN/A
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Listed by Ken Didychuk · RE/MAX real estate central alberta