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Legal suite

$345,000

10132 106 Avenue

Save this home

Beds

2

Baths

3

Sqft

Year

1935

Type

Single Family

Suite

Legal suite

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

Exceptional income-generating opportunity with strong rental revenue and flexible ownership options. Currently generating $2,900/month in rental income, this unique property appeals to investors while also offering excellent potential for homeowners seeking a mortgage helper, multi-generational living, or guest accommodations. The main home (948 sq ft) is rented for $1,700/month (water included) with lease in place to September 30, 2026, and the carriage legal suite with garage (539 sq ft plus 826 sq ft garage) rents for $1,200/month (water included) with lease to November 30, 2026.This fully renovated character home features recently done siding, windows, kitchen, flooring, and paint, offering 2 bedrooms and 1 bathroom. The detached garage includes two overhead doors with rear and side alley access, an additional full bathroom and laundry area, plus a self-contained carriage legal suite above with full kitchen, bathroom, and loft sleeping space. The property also features a concrete patio, mature fruit and evergreen trees, and functional yard space. Located downtown within walking distance to Muskoseepi Park, this truly is a one-of-a-kind property offering both lifestyle and income potential. Call your Real Estate associate today to view. (id:65958)

Subtype
Single Family
Structure
House
Community
Avondale
Common interest
Freehold
Living area
948 square feet
Lot size
4,031 square feet
Lot dimensions
4031.00
Bedrooms
2 above grade, 0 below grade
Parking
3 total
Stories
2
On market
Feb 27, 2026
Status changed
Apr 24, 2026
Annual tax
$4,400 (2025)
Zoning
RT
Photos
21
MLS#
A2289403
Area
GRANDE_PRAIRIE

Features and systems

Parking

Detached Garage

Basement

UnfinishedPartial

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Forced airIn Floor HeatingNatural gas

Cooling

None

Exterior

StuccoVinyl siding

Construction

Wood frame

Flooring

TileLaminateCarpetedVinyl

Foundation

Poured Concrete

Lot

No Animal HomeNo Smoking Home
Negative cash flow ~$97/mo at these assumptions

Cash on cash

-1.68%

Cap rate

4.53%

GRM

13.9

Break-even rent

$2,177

Financing

Down payment$69,000
Loan amount$276,000
Mortgage$1,398/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$158
Insurance$80
Maintenance$288
CapEx reserve$144
Vacancy loss$104

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 $1,398/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 24, 2026.

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