505 & 506, 401 4 Street Active Save Request In-Person Tour Request Virtual Tour
Rural Cypress County,AB T0J1C0
Key Details
Property Type Single Family Home
Sub Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 1,112 sqft
Price per Sqft $179
Subdivision Elkwater
MLS Listing ID A2106379
Style Low rise
Bedrooms 2
Condo Fees $1,176/mo
Year Built 2006
Property Sub-Type Condo
Source Medicine Hat Real Estate Board Co-op
Property Description
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 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. 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! (id:24570)
Location
Province AB
Rooms
Kitchen 1.0
Extra Room 1 Main level 12.01 Ft x 8.01 Ft Kitchen
Extra Room 2 Main level 19.00 Ft x 13.00 Ft Living room
Extra Room 3 Main level 13.00 Ft x 11.00 Ft Bedroom
Extra Room 4 Main level Measurements not available 4pc Bathroom
Extra Room 5 Main level 10.01 Ft x 8.01 Ft Other
Extra Room 6 Unknown 16.01 Ft x 13.00 Ft Bedroom
Interior
Heating Forced air,
Cooling Central air conditioning
Flooring Carpeted
Fireplaces Number 1
Exterior
Parking Features No
Community Features Pets Allowed With Restrictions
View Y/N No
Total Parking Spaces 2
Private Pool No
Building
Lot Description Landscaped
Story 2
Sewer Municipal sewage system
Architectural Style Low rise
Others
Ownership Condominium/Strata