Active
WHISPERING PINES
1018, 25054 South Pine Lake Road , Rural Red Deer County, AB
$229,900
Residential · MLS® A23243012Bedrooms
1Bathrooms
798.61Sq Ft
1Garage
1980Year Built
02 / Overview
PROPERTY OVERVIEW
Welcome to Unit 10-18 at Whispering Pines Golf & Country Club Resort, one of Central Alberta’s premier four-season gated lake communities, located just 30 minutes south of Red Deer. Whether you’re searching for a year-round home, weekend getaway, retirement retreat, or investment property, this beautifully maintained 2-bedroom, 1-bathroom home offers an exceptional opportunity to enjoy resort-style living while generating income. Currently operating as a successful Airbnb, this property provides excellent income potential for buyers looking to offset ownership costs or...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Storeys1
Total Finished Area798.61 sq ft
Lot Size780 sq ft
ZoningR-7
HeatingCentral • Forced Air • Natural Gas
CoolingNone
ParkingParking Pad
ExteriorBalcony • Other
BasementNone
Year Built1980
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$19After mortgage & expenses
Cap Rate4.4%Based on market rents
Cash on Cash Return-0.5%With 20% down payment
Est. Monthly Rent$1,498Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
WHISPERING PINES
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Asha Chimiuk · RE/MAX real estate central alberta