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Investment signal

$715,000

2124 SOUTH LAKESIDE DRIVE

Beds

Baths

Sqft

—

Year

1980

Location

See the block, not just the house.

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About this home

This home is a dream for those looking for private and elevated living with incredible investment opportunity. Minutes from the city, this location offers spectacular mountain and lake views which you can enjoy from the wrap-around deck, or nearly every window of the home. The sunken formal living and dining feature a stunning fireplace, cedar-vaulted ceilings, and loft overhead. You will love the gourmet kitchen, with casual dining and adjoining family room. The vaulted ceilings continue in the primary bedroom on the main, showcasing expansive windows, a 4-piece bathroom, WIC, and separate deck access. Upstairs, two large bedrooms share an updated 4-piece bathroom. The property features a secluded hot tub, fenced yard, gym, double garage, & 2 bedroom basement suite w/ separate laundry. (id:65958)

Subtype: Single Family
Structure: House
Common interest: Freehold
Living area: 3,711 square feet
Lot size: 0.58 acres
Lot dimensions: 0.58
Stories: 3
Fireplace: 2
On market: Mar 2, 2026
Status changed: Apr 17, 2026
Annual tax: $5,211.13 (2025)
Photos: 37
MLS#: R3094616
Area: WILLIAMS_LAKE

Features and systems

Parking

GarageOpen

Basement

FinishedN/A

Appliances

WasherRefrigeratorHot TubDishwasherStoveDryer

Heating

Forced airNatural gas

Exterior

Wood

Roof

Asphalt shingleConventional

Foundation

Concrete Perimeter

View

Lake viewMountain viewView (panoramic)

Negative cash flow ~$1,414/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-11.87%

Cap rate

3.52%

GRM

16.7

Break-even rent

$5,064

Financing

Down payment$143,000

Loan amount$572,000

Mortgage$3,509/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$328

Insurance$80

Maintenance$596

CapEx reserve$298

Vacancy loss$179

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Williams Lake. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $3,509/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 17, 2026.