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Investment signal

$370,000

217 MOUNTVIEW DRIVE

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Beds

Baths

Sqft

—

Year

1973

Type

Single Family

Suite

Investment signal

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Location nearby

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

About this home

Family home on generous 0.64-acre lot in Williams Lake! Located on a quiet cul-de-sac with crown land behind and miles of trails nearby, this property is just steps from nature, offering endless recreational opportunities. The 4-bedroom, 2-bath home showcases a bright living room with mountain views, a dining room and functional kitchen. The main floor has three bedrooms and full bath, while the basement features a large bedroom with full-size windows and second bath. Comes with attached double carport and spacious utility and storage rooms. Services include natural gas furnace, electric heat, drilled well, and septic. Just minutes from town centre, this could be an excellent, affordable option for a growing family or a low-maintenance investment property! (id:65958)

Subtype: Single Family
Structure: House
Common interest: Freehold
Living area: 1,898 square feet
Lot size: 27,878 square feet
Lot dimensions: 27878
Stories: 2
On market: Apr 4, 2025
Status changed: Apr 26, 2026
Annual tax: $2,142.29 (2025)
Photos: 29
MLS#: R2986132
Area: ESLER_/_DOG_CREEK

Features and systems

Parking

CarportOpen

Basement

FinishedN/A

Appliances

RefrigeratorStove

Heating

Forced airElectricNatural gas

Roof

Asphalt shingleConventional

Foundation

Concrete PerimeterConcrete Slab

View

Mountain view

Positive cash flow ~$543/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

8.81%

Cap rate

6.63%

GRM

10.6

Break-even rent

$2,328

Financing

Down payment$74,000

Loan amount$296,000

Mortgage$1,500/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$170

Insurance$80

Maintenance$308

CapEx reserve$154

Vacancy loss$145

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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.

Mortgage estimate

Estimated $1,500/mo at 4.5% with 20% down, 30-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 26, 2026.