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$239,900

Est. payment - /mo

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2 BD

3 BA

782 SqFt

Active

405 4 ST #602 & 603 Rural Cypress County, AB T0J 1C0

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Ronaldo Terra

ronaldo@thecompassteam.ca +1(403) 668-7018

UPDATED:

10/08/2024 04:10 AM

Key Details

Property Type Single Family Home

Sub Type Recreational

Listing Status Active

Purchase Type For Sale

Square Footage 782 sqft

Price per Sqft $306

Subdivision Elkwater

MLS® Listing ID A2171526

Style Cottage/Cabin

Bedrooms 2

Full Baths 2

Half Baths 1

Condo Fees $1,348

Originating Board Medicine Hat

Year Built 2011

Annual Tax Amount $1,938

Tax Year 2024

Property Description

Your vacation home can be part of a WELL MANAGED LODGE! Talk about truly relaxing in your home away from home, with hotel amenities like the swimming pool, housekeeping, and a restaurant in a gorgeous Provincial Park! Feeling like hibernating? Enjoy self catered peace without staff interruption, either way, you are choosing to embrace the GOOD LIFE with recreational property ownership as you share in the profits from the stays during the nights that you don't want to use. With 120 nights per unit each year, your large family can enjoy an entire summer on Elkwater Lake, Holidays, and weekends throughout the year! EARN REVENUE DURING THE YEAR for the days you don't want to stay in your beautiful holiday home with family, friends, or clients! Located in Cypress Hills Provincial Park in the Townsite of Elkwater, this fantastic all season property is close to whatever recreation you choose…or for weekend hideaways indoors! Elkwater Lake Lodge is home to fantastic fishing, tons of hiking and adventure trails, and a full array of summer and winter activities. Located just minutes up the road is Hidden Valley Ski Resort, offering Mountain biking trails in the warmer months and Nordic and Downhill skiing adventures during the winter. This property is the epitome of full catering cabin living. This property is 2 separate units which can be used individually or all together. The main floor unit offers large windows and lofted ceilings with an open living room/dining/kitchen. There is a cozy fireplace in the living room, and a sofa bed for guests. Upstairs is a gorgeous master retreat with a full ensuite. The kitchen comes with all of the appliances and homewares, and the unit is fully furnished. There is an owner storage cupboard to keep personal things, while taking advantage of the rental pool to take an income for the times you aren’t staying there. Downstairs is a walk out suite with a kitchenette and full bathroom as well as an additional sofa bed and a king bed in the sleeping area. This property is a perfect opportunity to enjoy time out of the city with the benefits of property ownership, the convenience of a full resort hotel, and the return on your investment like a revenue owner. Truly the best of all worlds, book a viewing or weekend stay today to see how wonderfully this property will fit your lifestyle. AVERAGE TOTAL REVENUE IS $17,000 PER YEAR! AVERAGE YEARLY EXPENSES ARE $20,072.64 , SO $256.05/ MONTH COVERS YOUR CONDO FEE, MAINTENANCE, REPAIRS, LANDSCAPING, UTIITIES AND PROPERTY TAX!!!! WHAT AN AFFORDABLE RECREATION PROPERTY, WITHOUT ALL THE WORK OF A SECOND HOME!

Location

Province AB

County Cypress County

Zoning PP Provincial Park

Direction NW

Rooms

Basement Finished, See Remarks

Interior

Interior Features Built-in Features, Ceiling Fan(s), Granite Counters, High Ceilings, No Animal Home, No Smoking Home, Open Floorplan, Recreation Facilities, See Remarks, Separate Entrance, Vaulted Ceiling(s)

Heating Forced Air, Natural Gas

Cooling Window Unit(s)

Flooring Carpet, Tile

Fireplaces Number 2

Fireplaces Type Gas, Living Room

Inclusions All housewares, furnishings, linens, appliances, and contents of the unit are for owner use. Fridge, Stove, Dishwasher, Microwave hood fan, window coverings, mini frige, microwave.

Appliance Dishwasher, Electric Stove, Microwave Hood Fan, Refrigerator, See Remarks, Window Coverings

Laundry Common Area, Laundry Room

Exterior

Garage Stall

Garage Description Stall

Fence None

Community Features Fishing, Golf, Lake, Park, Playground, Pool

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Garbage Collection, Phone Connected, See Remarks, Water Connected

Amenities Available Beach Access, Boating, Indoor Pool, Laundry, Park, Parking, Pool, Ski Accessible, Spa/Hot Tub, Visitor Parking

Roof Type Asphalt Shingle

Porch Balcony(s), Deck

Parking Type Stall

Exposure NW

Total Parking Spaces 2

Building

Lot Description Landscaped, Standard Shaped Lot, Wooded

Foundation Poured Concrete

Sewer Public Sewer

Water Public

Architectural Style Cottage/Cabin

Level or Stories 2 and Half Storey

Structure Type Composite Siding,Stone,Wood Frame

Others

HOA Fee Include Amenities of HOA/Condo,Cable TV,Caretaker,Common Area Maintenance,Gas,Heat,Insurance,Interior Maintenance,Internet,Maintenance Grounds,Parking,Professional Management,Reserve Fund Contributions,See Remarks,Snow Removal,Trash,Water

Restrictions Call Lister

Tax ID 93787979

Ownership Private

Pets Description Restrictions

Listed by MAXWELL CANYON CREEK

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Ronaldo Terra

REALTOR® | License ID: ldterraro

+1(403) 668-7018