Investment signal

$185,000

D, 10029 105 Avenue

Save this home

Beds

3

Baths

2 full + 1 half

Sqft

Year

2004

Type

Single Family

Suite

Suite potential

Location nearby

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

About this home

Here's your chance to own an investment property with steady rental income! This 3-bedroom, 1.5-bathroom two-storey unit is ideally located just minutes from downtown, schools, shopping, and everyday amenities, making it a highly desirable spot for tenants. The main floor features an open-concept layout with a bright living room, dining area, and functional kitchen boasting plenty of cabinetry and counter space, a convenient half-bathroom, and a utility/laundry room round out the main level. Upstairs, you'll find three spacious bedrooms and a full bathroom with generous vanity space, plus the added bonus of an upper-floor laundry room, eliminating the hassle of hauling laundry up and down the stairs. This property is currently rented for $1400/month and has been a solid income generator since day one. Looking to expand your portfolio? The neighbouring "C" unit is also available for sale! Whether you're a first-time investor or growing your rental portfolio, don't miss this affordable, income-producing opportunity! (id:65958)

Subtype
Single Family
Structure
Row / Townhouse
Community
Avondale South
Common interest
Freehold
Living area
1,288 square feet
Lot size
0.18 acres
Lot dimensions
0.18
Bedrooms
3 above grade, 0 below grade
Parking
2 total
Stories
2
On market
Nov 5, 2025
Status changed
Apr 20, 2026
Annual tax
$2,220.34 (2025)
Zoning
RT
Photos
1
MLS#
A2269206
Area
GRANDE_PRAIRIE

Features and systems

Parking

Other

Basement

None

Appliances

RefrigeratorDishwasherStoveWasher & Dryer

Heating

Forced airNatural gas

Cooling

None

Exterior

Vinyl siding

Flooring

LaminateCarpetedLinoleum

Foundation

Poured Concrete

Lot

Parking
Positive cash flow ~$1,134/mo at these assumptions

Cash on cash

36.78%

Cap rate

12.22%

GRM

6.4

Break-even rent

$1,206

Financing

Down payment$37,000
Loan amount$148,000
Mortgage$750/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$85
Insurance$80
Maintenance$154
CapEx reserve$77
Vacancy loss$120

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 $750/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 20, 2026.

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