For Sale · Specialty

4307 Spruce PT, Rural Lac Ste. Anne County

4307 Spruce PT, Rural Lac Ste. Anne County, AB T0E1V0

$274,900 total

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Asset Class

Specialty

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

92%

Year Built

1973

About this property

Just breathe ... ah, fresh country air ... Peace, calm, quiet ... birds, wildlife, nature ... refresh, retreat, relax. This property is a dream! Complete privacy. Tucked in the trees, this chalet style home offers a wide open kitchen, dining and living room with an open loft above. You'll find two cozy bedrooms and a full 4 piece bathroom on the main floor. This floor plan is perfect for entertaining, family gatherings that spill out onto the party sized deck, down onto the lawn, and the sun going down around a bonfire with laughter, stories and amazing memories! And of course you'll have company so there's extra room in the charming one bedroom guest house with a private living room and bathroom. In addition, there's plenty of space for all your toys in either the 10x20 or 12x24 storage sheds. Located in the family friendly community of Sunrise Beach, with local shopping, parks and community events organized year round for everyone's enjoyment. Sunrise Beach is an easy 30 min commute NW of Edmonton. (id:66811)

Financial sandbox

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Estimate
Purchase price$275K
Down payment30% · $82K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$20K

Annual cash flow

$4K

Cash-on-cash

5.21%

DSCR

1.28

Going-in cap

7.11%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

90,411

Households

33,852

Median income

$62,000

Median age

39.4

Daytime population

117,032

5-yr growth

1.1%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 4307 Spruce PT, Rural Lac Ste. Anne County.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.