Active
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35321 Range Road 242 , Rural Red Deer County, AB
$610,000
Residential · MLS® A23217502Bedrooms
2Bathrooms
1,207Sq Ft
2Garage
1940Year Built
02 / Overview
PROPERTY OVERVIEW
Welcome to this beautifully maintained 4.7-acre acreage just minutes from Elnora. Surrounded by mature trees and peaceful countryside, this unique property offers both a charming home and income-generating potential through an established Saskatoon berry orchard.
The home is warm and inviting, featuring bright living spaces, an updated kitchen, a spacious dining area, and a versatile loft perfect for a family room, office, or guest space. Large windows throughout showcase stunning views of the surrounding landscape and provide an abundance of natural...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,207 sq ft
Lot Size204,732 sq ft
ZoningAG
HeatingFireplace(s) • Forced Air • Natural Gas
CoolingNone
ParkingCarport • Single Garage Detached
ExteriorPrivate Yard • Storage
BasementFull
Year Built1940
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$551After mortgage & expenses
Cap Rate3.4%Based on market rents
Cash on Cash Return-5.4%With 20% down payment
Est. Monthly Rent$2,212Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
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Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Pat MacDonell · Royal LePage Network Realty Corp.