JN REAL ESTATE GROUP

Elkwater

LIST PRICE

$179,000

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

2 BEDROOMS · 2 BATHROOMS · 1,112 SQFT · BUILT 2006

MLS A2273583 · 224 DAYS ON MARKET

Interested in this home?

JN Real Estate Group can arrange a private viewing and answer anything the listing doesn’t. A real person who knows the area — no pressure.

RE/MAX Complete Realty · Calgary

What this home — and yours — is really worth right now.

ABOUT THIS HOME

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!

DETAILS

INTERIOR

BEDROOMS
2
FULL BATHS
2
HALF BATHS
0
LIVING AREA (SQFT)
1,112
FEATURES
Granite Counters · Kitchen Island · No Animal Home · No Smoking Home · Open Floorplan · Storage
APPLIANCES
Dishwasher · Electric Stove · Microwave · Refrigerator · Window Coverings
FLOORING
Carpet
FIREPLACE
Gas · Living Room

BUILDING

TYPE
Apartment
STYLE
Apartment-Multi Level Unit
YEAR BUILT
2006
NEW CONSTRUCTION
No
CONSTRUCTION
Stone
ROOF
Asphalt · Concrete · Shingle
FOUNDATION
Other · Poured Concrete
STOREYS
2

PARKING

TOTAL PARKING
2
PARKING
Off Street · Parking Lot · Paved

LOT & EXTERIOR

LOT
Landscaped · Standard Shaped Lot · Wooded
EXTERIOR
None
PATIO & PORCH
Balcony(s)

COMMUNITY

COMMUNITY
Elkwater
COMMUNITY FEATURES
Park · Playground
ZONING
PP
POSTAL CODE
T0J 1C0

UTILITIES & COSTS

HEATING
Forced Air · Natural Gas
COOLING
Central Air
UTILITIES
Cable Available · Electricity Available · Electricity Not Paid For · Natural Gas Available · Garbage Collection · Sewer Available
CONDO FEE
$1,108
FEE FREQUENCY
Monthly
FEE INCLUDES
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
ANNUAL TAXES
$1,730

LISTING COURTESY OF KELLY RISLING · RIVER STREET REAL ESTATE

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.