Active
TIMBERLEA
229 Rainbow Creek Drive , Fort McMurray, AB
$399,900
Residential · MLS® A23228925Bedrooms
2Bathrooms
1,255Sq Ft
4Garage
2007Year Built
02 / Overview
PROPERTY OVERVIEW
Welcome to 292 Rainbow Creek Drive! A spacious 5-Bedroom Bi-Level in Prime Timberlea Location awaits. This well-maintained 5-bedroom bi-level home, ideally located in the heart of Timberlea along a main route, offers convenient access to site and city bus stops just steps from the front yard, with schools within easy walking distance.
The upper level features 2 bedrooms, including a primary suite with a private balcony and a 4-piece Jack & Jill bathroom. You’ll also find a bright and...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,255 sq ft
Lot Size3,542 sq ft
ZoningR1S
HeatingIn Floor • Forced Air
CoolingCentral Air
ParkingAlley Access • Parking Pad • RV Access/Parking
ExteriorPlayground • Private Entrance • Private Yard
BasementFull
Year Built2007
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$585After mortgage & expenses
Cap Rate6.2%Based on market rents
Cash on Cash Return8.8%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
TIMBERLEA
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by JOLENE GUNN · People 1st Realty