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$173,900

2 Beds 2 Baths 1,112 SQFT 0.00 Acres
Type: Condos

505 & 506, 401 4 Street
Rural Cypress County, AB T0J1C0

MLS#: A2273583
Sundeep Bahl
Sundeep Bahl
Condo Digs
Sales Representative
Phone: 416.837.7575
Office: 647.259.8806
Presented by: RIVER STREET REAL ESTATE

Property Description

 

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 RIDICULOUSLY LOW PRICE! (id:7434)


 

Interior Features

Bedrooms

Bedrooms1+1

Other Interior Features

Building Fireplace PresentTrue
Building Fireplace Total1
Building Heating FuelNatural gas
Building Heating TypeForced air
Construction Style AttachmentAttached
Flooring TypeCarpeted
Living Area Range1,112 sqft

General

AmenitiesPark, Playground
Building AmenitiesSwimming, Laundry Facility
Building AppliancesRefrigerator, Dishwasher, Stove, Microwave, Window Coverings
Building Architectural StyleMulti-level
Building Cooling TypeCentral air conditioning
Building TypeApartment
Building.StoriesTotal2
Community FeaturesPets Allowed With Restrictions
CommunityNameElkwater
FeaturesNo Animal Home, No Smoking Home
Foundation TypeSee Remarks, Poured Concrete
Maintenance Fee$1108.23
Ownership TypeCondominium/Strata
Parking Space Total2
Property TypeSingle Family
Zoning DescriptionPP

Exterior

Exterior FinishStone
Land AmenitiesPark, Playground
Landscape FeaturesLandscaped
SewerMunicipal sewage system

Additional Details

  

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$173,900

2 Beds 2 Baths 1,112 SQFT 0.00 Acres
Type: Condos

505 & 506, 401 4 Street
Rural Cypress County, AB T0J1C0

MLS#: A2273583
Sundeep Bahl
Sundeep Bahl
Condo Digs
Sales Representative
Phone: 416.837.7575
Office: 647.259.8806
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