1043 CANYON MEADOW, Provo, UT 84606
3BD/—BA Residential in Provo, UT 84606. 1,208 sqft. Built 2004. Listed at $355,000. MLS #2162068.
3BD/—BA Residential in Provo, UT 84606. 1,208 sqft. Built 2004. Listed at $355,000. MLS #2162068.
Move-in ready 3-bedroom, 2-bath top-floor condo in the highly desirable Canyon Meadow community! Featuring vaulted ceilings, an open floor plan, and abundant natural light, this home offers comfortable living with beautiful mountain views and an attached 1-car garage. Recently refreshed with professionally cleaned carpets and a full professional cleaning, the property is ready for its next owner or occupant. Ideally located just minutes from BYU, shopping, dining, parks, hiking and biking trails, and convenient freeway access. Canyon Meadow residents enjoy excellent amenities including a clubhouse, pool, fitness center, playground, and ample guest parking. Whether you're looking for a primary residence, a home for a student, or an investment property, this condo offers exceptional versatility. The property has a strong rental history making for a smooth and immediate transition. Buyer to verify all information.
Property Type
Residential
Property Style
Condominium
Architectural Style
Stories: 2
Stories
2
Subdivision
CANYON MEADOWS
County
Utah
Zoning
Multi-Family
Construction
Stone,Stucco
Lot Size
0.03 sq ft
Above Grade Area
1,208 sq ft
Condition
Blt./Standing
MLS #
2162068
Property Type
Residential
Property Style
Condominium
Architectural Style
Stories: 2
Stories
2
Subdivision
CANYON MEADOWS
County
Utah
Zoning
Multi-Family
Construction
Stone,Stucco
Lot Size
0.03 sq ft
Above Grade Area
1,208 sq ft
Condition
Blt./Standing
MLS #
2162068
List Price
$355,000
HOA Fees
$245 / Monthly
Annual Taxes
$1,838
Home Warranty
No
List Price
$355,000
HOA Fees
$245 / Monthly
Annual Taxes
$1,838
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Linoleum
Basement
None
Materials
Stone,Stucco
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Linoleum
Basement
None
Materials
Stone,Stucco
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Classification
Standard
Deal Score
45/100
vs Similar Homes
28% above
vs Market Median
12% above
Area Growth (YoY)
3.5%
Deal Score Breakdown
45/100
3.5% year-over-year ZHVI growth in this area
Priced 28% above the median of similar listings
Priced 12% above the per-subtype city median
LT net cashflow -$1,033/mo (-38.9% return on ownership cost) · STR net cashflow -$1,501/mo (-56.6% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Monthly Rent
$1,842/mo
Range: $1,064 – $2,620
Net Monthly Cash Flow
−$1,033 /mo (−$12,390/yr)
Monthly rental income
Monthly ownership cost
Coverage
69%
Net /mo
−$1,033
DSCR
0.91
Est. Annual Revenue
$19,758/yr
$283/night · 41% occupancy · $114/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$1,501 /mo (−$18,012/yr)
Monthly STR income
Monthly ownership cost
Coverage
62%
Net /mo
−$1,501
DSCR
0.65
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
10
Available Providers
$465,000
-24% vs median
44 days
234
$190,999 – $38,000,000
$1,838
$245/monthly
Moderate
7.5
per 1,000
22.4
per 1,000
12.2
per 1,000
42.1
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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