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160 Ridgestone Lane , Diamond Valley, AB

$549,900

Residential · MLS® A2325044
3Bedrooms
3Bathrooms
1,226.44Sq Ft
1Garage
2026Year Built
02 / Overview

PROPERTY OVERVIEW

At some point, a lot of people start saying the same thing. “I want less to look after, but I’m not ready to downsize to apartment living” That is where this property comes in, brand new three-bedroom, three-bathroom villa built by reputable Southern Alberta builder Eric’s Custom Homes. Located in friendly 45+ community in Diamond Valley where Neighbours genuinely look out for one another, creating the kind of welcoming atmosphere that is becoming harder to find. You can simplify,...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeDuplex
Total Finished Area1,226.44 sq ft
Lot Size3,079 sq ft
ZoningR2X
HeatingFireplace(s) • Forced Air • Natural Gas
CoolingCentral Air
ParkingSingle Garage Attached
ExteriorBBQ gas line
BasementFull
Year Built2026
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$690After mortgage & expenses
Cap Rate3.0%Based on market rents
Cash on Cash Return-7.5%With 20% down payment
Est. Monthly Rent$2,296Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

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Needs Review
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Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Amy Bates · RE/MAX Complete Realty