301 Fox Lake Trail, Hanna

301 Fox Lake Trail, Hanna, AB T0J1P0 Photo 1

33 Photos

301 Fox Lake Trail, Hanna, AB T0J1P0 Photo 2
301 Fox Lake Trail, Hanna, AB T0J1P0 Photo 3
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301 Fox Lake Trail, Hanna, AB T0J1P0 Photo 7
  • Living area: 14664 square feet
  • MLS®: a2102622
  • Added: 101 days ago

Property Details

Investors take note – not only does 301 Fox Lake Trail, Hanna offer a comfortable and charming living experience for residents, but it also presents a promising investment opportunity with positive cash flow potential. The well-maintained 15-unit apartment building, constructed in 1982, stands as a testament to both durability and timeless appeal. The two-bedroom, one-bathroom units, ranging from 744 to 868 square feet, cater to various tenant preferences, ensuring broad market appeal. With wood balconies on the upper floors and concrete patios on the main floor, each unit provides a unique and desirable feature.From a landlord's perspective, the property is designed for convenience. Every unit comes equipped with essential appliances – fridge and stove – minimizing operational concerns. The availability of coin-operated laundry on the second and third floors streamlines maintenance and enhances tenant satisfaction. Parking is hassle-free, with dedicated spaces for each unit and power outlets for vehicle plug-ins, catering to the practical needs of residents. Recent upgrades, including a new boiler, hot water tank, metal roof, and exterior paint job, not only enhance the property's appeal but also contribute to long-term cost savings.Strategically located in Hanna, across from the golf course and within town limits, this property offers residents proximity to amenities and recreational activities. For the savvy investor, these factors, coupled with the positive cash flow potential, make 301 Fox Lake Trail an attractive addition to any portfolio. Embrace the opportunity to blend comfort with financial success in this thriving real estate venture. (id:1945)

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Property Information

  • Tax Lot: 15-17
  • Heating: Baseboard heaters, Natural gas
  • Tax Year: 2022
  • Tax Block: 45
  • Year Built: 1982
  • Living Area: 14664
  • Photos Count: 33
  • Parcel Number: 0013128450
  • Structure Type: Multi-Family
  • Tax Annual Amount: 8556
  • Building Area Total: 14664
  • Zoning Description: R3
  • Above Grade Finished Area: 14664
  • Above Grade Finished Area Units: square feet
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Nearby Places

Name Type Address Distance
Jerrys Burger Baron Restaurant Hwy 9 0.4 km
Fox Lake Agro Services Restaurant 407 4 Ave E 0.5 km
Fas Gas Hanna Gas station 332 2 Ave E 0.5 km
Starland Colony School School 302 Ctr St 0.6 km
J. C. Charyk Hanna School School 801 4th Street West 1.2 km
301 Fox Lake Trail mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 301 Fox Lake Trail. The current price of the property is $1,100,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $880,000. This would result in a monthly mortgage payment of $5,144 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree 25
University / Below bachelor level 10
Certificate of Qualification 10
College 70
University degree at bachelor level or above 20

Neighbourhood Marital Status Stat

Married 225
Widowed 50
Divorced 25
Separated 10
Never married 75
Living common law 35
Married or living common law 265
Not married and not living common law 155

Neighbourhood Construction Date

1961 to 1980 60
1981 to 1990 40
1991 to 2000 15
2006 to 2010 20
1960 or before 45
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