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Investment signal

$339,900

201, 10055 120 Avenue

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Beds

Baths

Sqft

1,461

Year

2008

Type

Other

Suite

Investment signal

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

Turnkey investment property with long term AAA tenant already in place in this high End 2nd floor office space. Well maintained professional building with elevator in Northridge Business Centre. There is lots of paved parking. Inviting reception leads into 6 private offices. 5 offices are very large with nice windows that could comfortably fit 2 people each if needed. There is also also a lunchroom with kitchenette, storage room and a private bathroom. This is a very well kept unit that will reward you with solid cashflow on day one. (id:65958)

Subtype
Other
Structure
Commercial Mix
Community
Northridge
Common interest
Condo/Strata
Living area
1,461 square feet
On market
Apr 30, 2026
Status changed
Apr 30, 2026
Annual tax
$6,775.91 (2025)
Zoning
CA
Photos
19
MLS#
A2305866
Area
GRANDE_PRAIRIE
Positive cash flow ~$242/mo at these assumptions

Cash on cash

4.26%

Cap rate

5.72%

GRM

11.8

Break-even rent

$2,146

Financing

Down payment$67,980
Loan amount$271,920
Mortgage$1,378/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$156
Insurance$80
Maintenance$283
CapEx reserve$142
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.

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.

Mortgage estimate

Estimated $1,378/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 30, 2026.

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