Property Details

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1413, 12A Ironside Street
Red Deer (A2224750)

$247,000
2
2
844 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Investors! Add this maintenance free, cash flowing property with an excellent tenant already in place to your portfolio! Offering an 8% cap, the current tenant is paying $1700/mo and is in a lease until August 2026. This 2 bedroom, 2 bathroom, top floor suite offers a bright and open layout including a spacious dining area and u-shaped kitchen with clean white cabinetry and an eating bar that overlooks the living room. The living room is generously sized and leads to sliding patio doors to a private west facing covered balcony where BBQs are permitted. The primary suite includes a walk through closet and a full 4 piece ensuite, while the second bedroom is situated on the other side of the home near its own full 4 piece bathroom, great for roommates, guests, or kids. Additional features include in suite laundry with extra storage space and two assigned exterior parking stalls. Condo fees of $426.26 per month include electricity, heat, water, sewer, snow removal, exterior and common area maintenance, and professional management, making this a true hands off investment. Located steps from schools, playgrounds, trails, and everyday amenities, this income generating condo is the perfect addition to your real estate portfolio.

Property details

Basic Info

MLS® #
A2224750
Property Type:
Residential
Subtype:
Apartment
Subdivision:
Inglewood West
Price
$247,000
Sale/Lease:
For Sale
Size:
844 sq.ft.
Bedrooms:
2
Bathrooms:
2
Year Built:
2004 (21 years old)

Building Info

Structure Type:
Low Rise (2-4 stories)
Building Style:
Apartment-Single Level Unit
Garage:
No
Parking:
Assigned, Off Street, Stall
Fence:
Basement:
No
Features:
Ceiling Fan(s), Closet Organizers, Laminate Counters, Storage, Track Lighting, Walk-In Closet(s)
Inclusions:
N/A
Appliances:
Dishwasher, Range Hood, Refrigerator, Stove(s), Washer/Dryer, Window Coverings
Laundry:
In Unit
Exterior Features:
BBQ gas line
Patio/Porch Features:
Balcony(s)

Neighborhood Info

Nearby Amenities:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths

Condo/Association Info

Condo Type:
Conventional Condo
Condo Amenities:
Elevator(s), Snow Removal, Trash, Visitor Parking
Condo Fee:
$426
Condo Fee Includes:
Common Area Maintenance, Electricity, Heat, Maintenance Grounds, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
Pets Allowed:
Yes

Lot / Land Info

Zoning:
R-H

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Concrete,Stone,Stucco,Vinyl Siding,Wood Frame
Floors:
Carpet, Linoleum
Heating:
Baseboard, Natural Gas
Cooling:
None
Amenities:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths

Listing Info

Possession:
Immediate
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Grassroots Realty Group Ltd.
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