$173,900
 $934 est/mo Sourced by Back At You

401 4 Street,Rural Cypress County, AB T0J1C0

Rural Cypress County, AB T0J1C0

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Description

MOTIVATED SELLERS!!! Nestled quietly in the beautiful Cypress Hills, Elkwater is a year-round recreational garden of delights. Only a 40-minute drive from Medicine Hat, this flourishing resort oasis offers an abundance of vacation activities: boating, water skiing, fishing, biking, golf and hiking in the summer; skating, downhill and x-country skiing in the winter. This impressive 1,122 sq.ft. 2 bedroom / 2 bath condo is located in Elkwater Lake Lodge, which offers a delightful restaurant, pool, hot tub, fire pit and room service. The main unit boasts the popular open floor plan, which is awash in natural light flooding in from the numerous windows. A fully stocked kitchen offers an abundance of cupboards, an upgraded double sink and high-end faucet, and the 2-seat island and countertops have been re-done in granite. A separate dining area abuts a spacious living room, which comfortably sits 6 people and features a river stone gas fireplace. A generous wraparound deck (with gas hookup) is accessed via the living room and affords a quiet, relaxing retreat to "chill out" and take in the wooded views. A large bedroom and a 4-piece bathroom with a soaker tub completes the main unit. The adjoining studio suite, which also has a separate entrance, offers a spacious bedroom (kingsize bed) with access to a private deck, along with a coffee bar, mini-fridge, microwave and sink, and a 3-piece bath. This ideally located condo is only a short walk to the downtown marina, sandy beach, lake, restaurant and popular cafe. Priced ridiculously below assessed value, this is a solid investment opportunity for a single family or even as a group venture. Furthermore, this Phase 1 condo is part of a revenue generating rental pool. Owner is allowed 120 days usage throughout the year with the remaining time available in the rental pool. THE OWNER RECOUPS 60% OF ANY RENTAL REVENUE, WHICH BASICALLY PAYS THE MONTHLY CONDO FEES AND ELECTRIC BILL. It comes with all the appliances and is fully furnished. This "must see" property is an all-season getaway at a RIDICULOUSLY LOW PRICE! (id:13843)

Details

MLS #A2273583
Listing TypeFor Sale
StyleCondominium
Strata Fees$1,108
StatusActive
Year2006
Days On Site327
Listing Provided ByRIVER STREET REAL ESTATE | KELLY RISLING

Features

Bed(s)2
Bath(s) 2 Total
SQ Feet1,112
Story(s)2
ZoningPP

Interior

CoolingCentral air conditioning
HeatingForced air, Natural gas
AppliancesRefrigerator, Dishwasher, Stove, Microwave, Window Coverings
Fireplace Yes / NoYes
Fireplaces Total1

Exterior

Lot FeaturesNo Animal Home, No Smoking Home
Foundation DetailsPoured Concrete, See Remarks

Parking

Parking FeaturesOther
Parking Total2

Utilities

UtilitiesSewer, Natural Gas, Electricity, Cable
SewerMunicipal sewage system
Water SourceMunicipal water

Taxes

Tax Annual Amount1730
Tax Year2025

Area Information

ProvinceAB
CityRural Cypress County
Postal CodeT0J1C0
Community NameElkwater
Listing VS Median (in Elkwater)
Price:
$173,900
low | high
Med:
$234,900
14.922369177688% of Average
sqft:
1,112
low | high
Med:
1,206
41.546762589928% of Average
$ / sqft:
$156
low | high
Med:
$202
20.901370638432% of Average
On site:
327
low | high
Med:
408.5
80.048959608323% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceAB
CityRural Cypress County
Postal CodeT0J1C0
Community NameElkwater
Listing VS Median (in Elkwater)
Price:
$173,900
low | high
Med:
$234,900
14.922369177688% of Average
sqft:
1,112
low | high
Med:
1,206
41.546762589928% of Average
$ / sqft:
$156
low | high
Med:
$202
20.901370638432% of Average
On site:
327
low | high
Med:
408.5
80.048959608323% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 5:46:38 AM PDT