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

MLS® # A2273583

Condo For Sale In Rural Cypress County, Alberta

$189,000 QuickQuote^TM: Not Available

1+1 Beds

2 Baths

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505 & 506-401 4 Street, Rural Cypress County, AB - Outdoor With Facade

505 & 506-401 4 Street, Rural Cypress County, AB - Indoor Photo Showing Dining Room

505 & 506-401 4 Street, Rural Cypress County, AB - Indoor Photo Showing Kitchen

505 & 506-401 4 Street, Rural Cypress County, AB - Indoor

505 & 506-401 4 Street, Rural Cypress County, AB - Indoor Photo Showing Living Room With Fireplace

505 & 506-401 4 Street, Rural Cypress County, AB - Indoor Photo Showing Living Room

505 & 506-401 4 Street, Rural Cypress County, AB - Indoor Photo Showing Bedroom

505 & 506-401 4 Street, Rural Cypress County, AB - Indoor Photo Showing Bathroom

505 & 506-401 4 Street, Rural Cypress County, AB - Outdoor With Exterior

505 & 506-401 4 Street, Rural Cypress County, AB - Outdoor

505 & 506-401 4 Street, Rural Cypress County, AB - Outdoor With Body Of Water With View

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

$189,000

2 Beds

2 Baths

Property Information:

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!

Inclusions: All kitchen utensils

Building Features:

Air Conditioning: Yes
Pool: Yes
Total Finished Area: 1112.00

Property Features:

Bedrooms: 1+1
Bathrooms: 2+0
Architectural Style: Multi Level Unit
Association 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
Built in: 2006
Condo Fees: $1,108 Monthly
Construction Materials: Stone
Cooling: Central Air
Exterior Features: None
Fireplace Features: Gas, Living Room
Floor Space (approx): 1112.00 Square Feet
Flooring: Carpet
Foundation Details: Other, Poured Concrete
Heating: Forced Air, Natural Gas
Interior Features: Granite Counters, Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan, Storage
Levels: Multi Level Unit
Parking Features: Off Street, Parking Lot, Paved
Roof: Asphalt, Concrete, Shingle
Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available
Water Source: Public
Zoning: PP
Sewer: Sewer
No. of Parking Spaces: 2

Courtesy of: RIVER STREET REAL ESTATE

Data provided by: Medicine Hat Real Estate Board Co-operative Ltd. 403 4th St. SE, Medicine Hat, Alberta T1A 0K5
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

All Properties

2.78%

Price change (1 year)

21.12%

Price change (5 years)

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

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

29 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

Projected Heat Risk: Moderate

29 hot days expected in 2050

41/100

Moderate

ClimateCheck®

Current data

This property, 505 & 506-401 4 Street , experiences 7 hot days per year at around 29.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 33.2 degrees Celsius.

Projected Avg. Temperature

Past

29.1℃

2050

33.2℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

23/100

Moderate-Low

ClimateCheck®

Current data

This property, 505 & 506-401 4 Street , experiences 10 significant 2-day storms per year, with about 181.3mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 11 significant 2-day storms with 207.3mm of precipitation per year.

Precipitation Per Storm

Past

181.3mm

2050

207.3mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 505 & 506-401 4 Street, Rural Cypress County, AB, T0J 1C0

Life Stage

Older Parents, Younger Kids

Employment Type

Blue Collar/Primary

Average Household Income

$86,000.00

Average Number of Children

1.80

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.21 %

High school certificate or equivalent

33.96 %

Apprenticeship trade certificate/diploma

7.55 %

College/non-university certificate

35.85 %

University Degree

9.43 %

Commuter

Travel To Work

By Car

100.0 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

Houses

100.0 %

Own Vs. Rent

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505 & 506-401 4 Street, Rural Cypress County, AB, T0J 1C0 $189,000 MLS® # A2273583

Property Information:

Building Features:

Property Features:

Market Price Trends

All Properties

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

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 505 & 506-401 4 Street, Rural Cypress County, AB, T0J 1C0

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

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

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing