For Sale · Specialty

722 Blue Heron DR, Rural Lac Ste. Anne County

722 Blue Heron DR, Rural Lac Ste. Anne County, AB T0E1V0

$205,000 total

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Asset Class

Specialty

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

93%

Year Built

1979

Lot Size

0.187 ac

About this property

Cute as a button best decribes this A frame cedar chalet. This year round recreational property faces the lake and bird sanctuary and is beautifully landscaped. Two bedrooms and open loft. Vaulted ceilings, lots of character and natural light. Slider doors to wrap around deck. Open staircase leads to open loft. Sold As Is (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$205K
Down payment30% · $62K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$947

Projected NOI

$15K

Annual cash flow

$3K

Cash-on-cash

5.63%

DSCR

1.30

Going-in cap

7.23%

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

79,426

Households

37,696

Median income

$71,500

Median age

38.8

Daytime population

88,256

5-yr growth

2.9%

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

Secure deal room

Confidential diligence documents for 722 Blue Heron DR, 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.