Active
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23243 Township Road 374 , Rural Red Deer County, AB
$395,000
Residential · MLS® A23258293Bedrooms
1Bathrooms
1,145Sq Ft
02 / Overview
PROPERTY OVERVIEW
Rare opportunity to own waterfront property on beautiful Delburne Lake, perfectly situated beside the Delburne Golf Course. Whether you're looking for a year-round home, a weekend retreat, or the perfect location to build your dream home, this property offers endless possibilities.
The home enjoys beautiful lake views and direct access to the water. Wake up to peaceful sunrises over Delburne Lake from your waterfront backyard, while the front of the home enjoys warm afternoon and evening sunshine. Spend your days boating,...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,145 sq ft
Lot Size51,836 sq ft
ZoningAG
HeatingForced Air • Natural Gas
CoolingNone
ParkingCarport
ExteriorDock • Private Yard • Storage
BasementFull
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$329After mortgage & expenses
Cap Rate5.5%Based on market rents
Cash on Cash Return5.0%With 20% down payment
Est. Monthly Rent$2,154Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
NONE
Needs ReviewLoading map...
Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Pat MacDonell · Royal LePage Network Realty Corp.