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Investment signal

$715,000

2124 SOUTH LAKESIDE DRIVE

Beds

5

Baths

4

Sqft

Year

1980

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
Lot size
0.58 acres
MLS#
R3094616
Area
WILLIAMS_LAKE
Negative cash flow ~$1,414/mo at these assumptions

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.

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.

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