49.662216 -110.27613

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

262828959 49.662216 -110.27613 791 /listing/262828959-150112672/505-506-401-4-street-rural-cypress-county-ab-t0j-1c0 False 0 268000.0 1112 100 2 2 MH0188736 False
  • $268,000
  • 2 bd
  • 2 full ba
  • 1,112 sqft

Property & Neighborhood Info

Courtesy Of Better Homes & Gardens Real Estate Signature Srvc

Single Family in Rural Cypress County

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. The owner reaps 55% of any rental revenue, which has averaged about $10,000 the last few years, so it basically pays the monthly condo fee. It comes with all the appliances and is fully furnished. This all-season getaway is an affordable, "must see" property.

Courtesy Of Better Homes & Gardens Real Estate Signature Srvc
  1. 2 Beds
  2. 2 Full Bath
  3. 1,112 Sq. Ft.

Main Features

  • Listing Status: Active
  • Year Built: 2006
  • Floors: 1
  • Full Bath: 2
  • County: Cypress
  • Fees: $782.00
  • Zoning: PP
  • Subdivision: Elkwater
  • MLS® Number:MH0188736

Additional Features

  • Cooling:
    • Central Air
  • Flooring:
    • Carpet
  • Inclusions:
    • Dishwasher (built-in), Refrigerator, Stove, Microwave (built-in), Soaker tub, Window coverings, Central air conditioning, Televisions (2), All furniture
  • Condo:
    • Conventional
  • Construction Materials:
    • Exterior Walls 2'x6'
    • Stone
  • Garageyn:
    • N
  • Levels:
    • One
  • Property Subtype:
    • Recreational
  • Roof:
    • Asphalt
    • Concrete
    • Shingle
  • Water Source:
    • Public
  • Exterior Features:
    • Balcony
  • Lot Features:
    • Landscaped
    • Near Golf Course
    • Standard Shaped Lot
    • Wooded
  • Patio And Porch Features:
    • Balcony(s)
  • Parking Features:
    • Off Street
    • Public Parking
  • Heating:
    • Forced Air
    • Natural Gas
  • Sewer:
    • Sewer
  • Utilities:
    • Cable Available
    • Electricity Available
    • Garbage Collection
    • Natural Gas Available
    • Sewer Available
  • Community Features:
    • Park
    • Playground
  • Pets Allowed:
    • Restrictions
  • Title:
    • Leasehold
  • Association Fees:
    • 782.00 Monthly
  • Architectural Style:
    • Bungalow
  • Association Amenities:
    • Indoor Pool
    • Laundry
    • Snow Removal
  • Association Fee Includes:
    • Amenities of HOA/Condo
    • Cable TV
    • Caretaker
    • Common Area Maintenance
    • Electricity
    • Insurance
    • Professional Management
    • Reserve Fund Contributions
    • Sewer
    • Snow Removal
    • Trash
    • Water
  • Association YN:
    • N
  • Building Area Total:
    • 1112.00
  • Fireplace Features:
    • Gas
    • Living Room
  • Foundation Details:
    • Other
    • Poured Concrete
  • Laundry Features:
    • Common Area
  • Listing Key:
    • 1399536
  • Possession:
    • 30 Days / Neg
  • Rooms Above Grade:
    • 4
  • Structure Type:
    • Cabin
Neighborhood info courtesy of Homes.com © 2020
Murray Schlenker
Murray Schlenker
Associate
#109 - 1235 Southview Dr SE Medicine Hat AB T1B 4K3
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49.662216 -110.27613

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

262828959 49.662216 -110.27613 791 /listing/262828959-150112672/505-506-401-4-street-rural-cypress-county-ab-t0j-1c0 False 0 268000.0 1112 100 2 2 MH0188736 False
  • $268,000
  • 2 bd
  • 2 full ba
  • 1,112 sqft