505 & 506, 401 4 Street, Rural Cypress County, Alberta T0J 1C0

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$189,000

Highlights

$189,000

Price

2

Beds

2

Baths

1112 sqft

Lot

For sale

Status

A2273583

MLS® ID

MOTIVATED SELLERS!!! 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 ridiculously 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! (id:55690)

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    FEATURES AND AMENITIES

    Property Features

    • MLS® Number A2273583
    • Price $189,000

      Maintenance, Condominium Amenities, Cable TV, Caretaker, Common Area Maintenance, Heat, Insurance, Interior Maintenance, Ground Maintenance, Parking, Property Management, Reserve Fund Contributions, Sewer, Waste Removal, Water

      $1,108.23 Monthly
    • Bedrooms: 2
    • Bathrooms: 2
    • Square Footage: 1112 sqft
    • Property Type: Apartment
    • Community Name: Elkwater
    • Amenities Near By Park, Playground
    • Community Features Pets Allowed With Restrictions
    • Features No Animal Home, No Smoking Home
    • Parking Space Total 2
    • Plan 0610960

    Buildings

    Bathroom Total 2 Bedrooms Above Ground 1
    Bedrooms Below Ground 1 Bedrooms Total 2
    Amenities Swimming, Laundry Facility Appliances Refrigerator, Dishwasher, Stove, Microwave, Window Coverings
    Architectural Style Multi-level Constructed Date 2006
    Construction Style Attachment Attached Cooling Type Central Air Conditioning
    Exterior Finish Stone Fireplace Present Yes
    Fireplace Total 1 Flooring Type Carpeted
    Foundation Type See Remarks, Poured Concrete Heating Fuel Natural Gas
    Heating Type Forced Air Stories Total 2
    Size Interior 1112 Sqft Total Finished Area 1112 Sqft
    Type Apartment Utility Water Municipal Water

    Parking

    Other

    Land

    Acreage No Land Amenities Park, Playground
    Landscape Features Landscaped Sewer Municipal Sewage System
    Size Total Text Unknown Zoning Description Pp

    Rooms

    Level Type Dimensions
    Main Level Kitchen 12.01 Ft x 8.01 Ft
    Main Level Living Room 19.00 Ft x 13.00 Ft
    Main Level Bedroom 13.00 Ft x 11.00 Ft
    Main Level 4pc Bathroom Measurements not available
    Main Level Other 10.01 Ft x 8.01 Ft
    Unknown Bedroom 16.01 Ft x 13.00 Ft
    Unknown 3pc Bathroom Measurements not available

    Utilities

    Cable Available Electricity Available
    Natural Gas Available Sewer Available

    Agents and Offices

    • KELLY RISLING
    • Office: River Street Real Estate

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