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Grande Prairie · Single Family · under $400,000 · 3+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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10132 102 Avenue
Renovated home situated on massive commercial zoned lot in the heart of Grande Prairie. Property has ample parking, large yard that is fully fenced with a shed with alley access on two sides of the property. Upper unit fully renovated flooring, paint , light fixtures, kitchen cabinets, counter tops, backsplash and back deck and consists of three bedrooms, full bathroom and entrance from the back deck or common area front entrance. Basement consists of two non conforming suites one with one bedroom and full bathroom, other unit is a unique bachelor suite with own entrance and bathroom in common area. Laundry is shared in common area between the units. Whether you are looking to grow your rental portfolio or move into one of the units and off set the mortgage with rent of other units this property will be sure to please. Exterior has fresh coat of paint and light fixtures. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 11.75 Ft x 10.00 Ft | |
| 3pc Bathroom | 5.00 Ft x 5.00 Ft | |
| 3pc Bathroom | 4.00 Ft x 4.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 12.00 Ft x 10.00 Ft | |
| 3pc Bathroom | 5.00 Ft x 7.00 Ft | |
| Bedroom | 10.00 Ft x 9.75 Ft | |
| Bedroom | 9.00 Ft x 9.75 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
8.82%
Cap rate
6.63%
GRM
10.6
Break-even rent
$2,328
Financing
Operating expenses (monthly)
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Approximation 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.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 24, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
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