Active

DRAKE LANDING

101 Drake Landing View , Okotoks, AB

$700,000

Residential · MLS® A2331096
3Bedrooms
3Bathrooms
2,034Sq Ft
2Garage
2008Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this immaculate home on a quiet cul-de-sac in Drake Landing. Located near one of the best walking paths in Okotoks, and walking distance from the dog park, Seaman Stadium, the Okotoks Recreation Centre, plus numerous parks and playgrounds, this location is hard to beat. Recent updates include a new roof completed in January 2025, a new furnace installed in September 2024, central air conditioning that is 5 years old, a refrigerator that is only 1.5 years old, a...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area2,034 sq ft
Lot Size5,228 sq ft
ZoningTN
HeatingForced Air
CoolingCentral Air
ParkingDouble Garage Attached
ExteriorFire Pit • Permeable Paving
BasementFull
Year Built2008
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$481After mortgage & expenses
Cap Rate5.3%Based on market rents
Cash on Cash Return4.1%With 20% down payment
Est. Monthly Rent$3,710Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

DRAKE LANDING

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Investment ScoreN/A
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Listed by Drew Flemmer · Century 21 Masters