1068 CANYON MEADOW DRIVE, Provo, UT 84606
3BD/—BA Residential in Provo, UT 84606. 1,327 sqft. Built 2003. Listed at $340,000. MLS #2169354.
3BD/—BA Residential in Provo, UT 84606. 1,327 sqft. Built 2003. Listed at $340,000. MLS #2169354.
Best value in Provo! Location, price, UPDATED kitchen, a fantastic layout and a deep 2 car garage. This condo checks every box for anyone wanting to be close to BYU campus without compromising on space or comfort. Tucked just south of campus, this is the best-priced unit currently available in the area, making it a smart move whether you're searching for a primary residence, a place for a student, or a savvy investment property. Inside, the layout is genuinely fantastic with three bedrooms and two bathrooms arranged in a way that feels open, functional, and easy to live in day to day. The updated kitchen is a standout, and including all appliances, brings a fresh, modern feel to the heart of the home. Throughout the rest of the condo, you'll notice how light and bright every room feels, paired with the kind of well-maintained condition that makes move-in simple and stress-free. With BYU just minutes away, you're also close to shopping, dining, and everything that makes this part of Provo so convenient. Whether you're a student, a parent buying for a student, or simply looking for an easy, low-maintenance lifestyle near campus, this condo delivers exceptional value in a location that is always in demand. Square footage figures are provided as a courtesy estimate only and were obtained from County records. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
RIDGE
County
Utah
Zoning
Multi-Family
Construction
Stone,Stucco
Lot Size
0.04 sq ft
Above Grade Area
1,327 sq ft
Condition
Blt./Standing
MLS #
2169354
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
RIDGE
County
Utah
Zoning
Multi-Family
Construction
Stone,Stucco
Lot Size
0.04 sq ft
Above Grade Area
1,327 sq ft
Condition
Blt./Standing
MLS #
2169354
List Price
$340,000
HOA Fees
$240 / Monthly
Annual Taxes
$1,976
Home Warranty
No
List Price
$340,000
HOA Fees
$240 / Monthly
Annual Taxes
$1,976
Home Warranty
No
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet
Basement
None
Materials
Stone,Stucco
Appliances
Dryer,Refrigerator,Washer
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet
Basement
None
Materials
Stone,Stucco
Appliances
Dryer,Refrigerator,Washer
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Classification
Standard
Deal Score
50/100
vs Similar Homes
23% above
vs Market Median
2% below
Area Growth (YoY)
3.5%
Deal Score Breakdown
50/100
Priced 2% below the per-subtype city median
3.5% year-over-year ZHVI growth in this area
Priced 23% above the median of similar listings
LT net cashflow -$784/mo (-30.6% return on ownership cost) · STR net cashflow -$1,345/mo (-52.4% 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
$2,023/mo
Range: $1,169 – $2,878
Net Monthly Cash Flow
−$785 /mo (−$9,417/yr)
Monthly rental income
Monthly ownership cost
Coverage
79%
Net /mo
−$784
DSCR
1.04
Est. Annual Revenue
$20,904/yr
$283/night · 41% occupancy · $114/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$1,345 /mo (−$16,137/yr)
Monthly STR income
Monthly ownership cost
Coverage
68%
Net /mo
−$1,345
DSCR
0.71
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
10
Available Providers
$465,000
-27% vs median
44 days
234
$190,999 – $38,000,000
$1,976
$240/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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