Active
ASPEN RIDGE
246 Addington Drive , Red Deer, AB
$699,000
Residential · MLS® A23323444Bedrooms
3Bathrooms
1,502Sq Ft
2Garage
2005Year Built
02 / Overview
PROPERTY OVERVIEW
Welcome to this stunning 1,500 sq. ft. walkout bungalow in the Aspen Ridge neighborhood. This home has amazing curb appeal with the luxurious vinyl cedar look siding and backs directly onto a beautiful green space. From the moment you step inside, you’ll be impressed by the grand foyer and soaring 10-foot ceilings that create an inviting sense of space. The open-concept main floor is designed for both everyday living and entertaining, a spectacular kitchen complete with a massive granite island,...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,502 sq ft
Lot Size6,742 sq ft
ZoningR-L
HeatingForced Air
CoolingCentral Air
ParkingDouble Garage Attached
ExteriorBalcony • Private Yard
BasementFull
Year Built2005
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$352After mortgage & expenses
Cap Rate3.9%Based on market rents
Cash on Cash Return-3.0%With 20% down payment
Est. Monthly Rent$2,829Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
ASPEN RIDGE
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Investment ScoreN/A
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Listed by Al Sim · RE/MAX real estate central alberta