Active
AIRDRIE MEADOWS
404 Acacia Drive Se, Airdrie, AB
$474,900
Residential · MLS® A23048365Bedrooms
2Bathrooms
1,005Sq Ft
2Garage
1977Year Built
02 / Overview
PROPERTY OVERVIEW
Cash-Flow Potential | Oversized Heated Garage | Flexible Layout
Versatile and income-friendly property offering strong potential for investors, multi-generational living, or buyers seeking flexible use and long-term upside. This renovated home features updated kitchen, flooring and appliances, providing a move-in-ready foundation with the ability to further enhance value over time.
A standout feature is the oversized heated garage, capable of accommodating up to three vehicles, along with abundant on-site and street parking—an increasingly rare combination that adds significant utility and appeal.
The fully...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,005 sq ft
Lot Size4,200 sq ft
ZoningR-1
HeatingWall Furnace
CoolingNone
ParkingDouble Garage Detached
ExteriorNone
BasementFull
Year Built1977
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$975After mortgage & expenses
Cap Rate6.9%Based on market rents
Cash on Cash Return12.3%With 20% down payment
Est. Monthly Rent$3,200Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
AIRDRIE MEADOWS
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Investment ScoreN/A
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Active ListingsN/A
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Listed by Lap Duong · Grand Realty