$189,000

Condo For Sale In Rural Cypress County, Alberta

$189,000
  • 2

    Bedrooms

  • 2

    Baths

  • $1108.23

    Maintenance Fees

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