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Investment signal

$345,000

7019 Deer Street

Save this home

Beds

5

Baths

2

Sqft

Year

2004

Type

Single Family

Suite

Investment signal

Location nearby

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

About this home

Welcome to this beautiful half duplex located in the heart of Lacombe, Alberta. This home offers bright, open-concept living, dining, and kitchen spaces. Complete with 3 bedrooms and 1 bathroom up and the bonus of a fully finished basement with 2 more bedrooms, 1 more bathroom and a second full kitchen. There is an opportunity to own the whole duplex, each unit on separate titles 7017 and 7019. (id:65958)

Subtype
Single Family
Architectural style
Bi-level
Structure
Duplex
Community
College Heights
Common interest
Freehold
Living area
1,106 square feet
Lot size
4,778.63 square feet
Lot dimensions
4778.63
Bedrooms
3 above grade, 2 below grade
Parking
2 total
On market
Oct 29, 2025
Status changed
Apr 23, 2026
Annual tax
$3,420 (2025)
Zoning
R4
Photos
11
MLS#
A2265650
Area
LACOMBE

Features and systems

Parking

Other

Basement

FinishedFullSuite

Appliances

WasherRefrigeratorDishwasherStoveDryerHood Fan

Heating

Forced airNatural gas

Cooling

None

Exterior

Vinyl siding

Flooring

LaminateCarpetedLinoleum

Foundation

Poured Concrete

Lot

Back lane

Community

Golf Course DevelopmentLake PrivilegesFishing
Positive cash flow ~$1,067/mo at these assumptions

Cash on cash

18.56%

Cap rate

8.58%

GRM

8.7

Break-even rent

$2,177

Financing

Down payment$69,000
Loan amount$276,000
Mortgage$1,398/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$158
Insurance$80
Maintenance$288
CapEx reserve$144
Vacancy loss$165

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 $1,398/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 23, 2026.

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