401 4 ST #505 & 506, Rural Cypress County, AB T0J 1C0

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Michael Smith

michael@mstrealty.ca +1(403) 919-2247

$ 199,999

Est. payment | -/mo

2 Beds

2 Baths

1,112 SqFt

Save

$ 199,999

Est. payment | -/mo

Save

2 Beds

2 Baths

1,112 SqFt

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1112.0

Square Footage 1,112 sqft

Price per Sqft $179

Subdivision Elkwater

MLS Listing ID A2106379

Style Apartment-Low-Rise (1-4)

Bedrooms 2

Full Baths 2

HOA Fees $1,176/mo

HOA Y/N Yes

Year Built 2006

Property Sub-Type Apartment

Property Description

Nestled quietly in the beautiful Cypress Hills, Elkwater is a year-round recreational garden of delights. Only a 40-minute drive from Medicine Hat, this flourishing resort oasis offers an abundance of vacation activities: boating, water skiing, fishing, biking, golf and hiking in the summer; skating, downhill and x-country skiing in the winter. This impressive 1,122 sq.ft. 2 bedroom / 2 bath condo is located in Elkwater Lake Lodge, which offers a delightful restaurant, pool, hot tub, fire pit and room service. The main unit boasts the popular open floor plan, which is awash in natural light flooding in from the numerous windows. A fully stocked kitchen offers an abundance of cupboards, an upgraded double sink and high-end faucet, and the 2-seat island and countertops have been re-done in granite. A separate dining area abuts a spacious living room, which comfortably sits 6 people and features a river stone gas fireplace. A generous wraparound deck (with gas hookup) is accessed via the living room and affords a quiet, relaxing retreat to "chill out" and take in the wooded views. A large bedroom and a 4-piece bathroom with a soaker tub completes the main unit. The adjoining studio suite, which also has a separate entrance, offers a spacious bedroom (kingsize bed) with access to a private deck, along with a coffee bar, mini-fridge, microwave and sink, and a 3-piece bath. This ideally located condo is only a short walk to the downtown marina, sandy beach, lake, restaurant and popular cafe. Priced well below assessed value, this is a solid investment opportunity for a single family or even as a group venture. Furthermore, this Phase 1 condo is part of a revenue generating rental pool. Owner is allowed 120 days usage throughout the year with the remaining time available in the rental pool. THE OWNER RECOUPS 60% OF ANY RENTAL REVENUE, WHICH BASICALLY PAYS THE MONTHLY CONDO FEES AND ELECTRIC BILL. It comes with all the appliances and is fully furnished. This "must see" property is an all-season getaway at a very affordable price!

Location

Province AB

County 0376

Community Park, Playground

Area Irvine

Zoning PP

Interior

Interior Features Granite Counters, Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan, Storage

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Carpet

Fireplaces Number 1

Fireplaces Type Gas, Living Room

Inclusions all furnishings, all kitchen utensils

Fireplace Yes

Appliance Dishwasher, Electric Stove, Microwave, Refrigerator, Window Coverings

Laundry Common Area

Exterior

Exterior Feature None

Parking Features Off Street, Parking Lot, Paved

Community Features Park, Playground

Utilities Available Cable Available, Electricity Available, Electricity Not Paid For, Natural Gas Available, Garbage Collection, Sewer Available

Amenities Available Indoor Pool, Laundry, Snow Removal

Water Access Desc Public

Roof Type Asphalt,Concrete,Shingle

Porch Balcony(s)

Total Parking Spaces 2

Garage No

Building

Lot Description Landscaped, Standard Shaped Lot, Wooded

Dwelling Type Low Rise (2-4 stories)

Faces SE

Story 2

Foundation Other, Poured Concrete

Sewer Sewer

Water Public

Level or Stories Multi Level Unit

New Construction No

Others

HOA Fee Include Amenities of HOA/Condo,Cable TV,Caretaker,Common Area Maintenance,Gas,Heat,Insurance,Interior Maintenance,Internet,Maintenance Grounds,Parking,Professional Management,Reserve Fund Contributions,Sewer,Snow Removal,Trash,Water

Restrictions Board Approval

Pets Allowed Restrictions

Listed by RIVER STREET REAL ESTATE

+1(403) 919-2247

michael@mstrealty.ca

#700-1816 Crowchild Trail NW, Calgary, AB, T2M 3Y7, CAN

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