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Grande Prairie · Single Family · under $450,000 · 3+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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10315 Michaelis Boulevard
Located in the sought-after Mission Heights neighborhood, this well-maintained home sits on a spacious corner lot directly across from St. Kateri Catholic School. Offering a total of 4 bedrooms and 2 bathrooms, this property provides plenty of space for growing families.The bright and open main floor features vaulted ceilings, creating an airy and inviting atmosphere throughout the living and dining areas. Upstairs you'll find 3 bedrooms and a full bathroom complete with a relaxing jacuzzi tub. The entire home has been freshly painted, giving it a clean and updated feel. The fully developed basement offers a cozy family room with a fireplace, an additional bedroom and bathroom, plus an in-law suite setup for added flexibility. Laundry is conveniently located in the basement, and there is direct access from the basement to the attached garage. Recent updates include a hot water tank that is only 2 years old and shingles replaced approximately 5 years ago. Outside, enjoy the mature, fully fenced yard featuring a deck, storage shed, and plenty of space for children, pets, and outdoor entertaining. This is a fantastic opportunity to own a move-in-ready home in a family-friendly location close to schools, parks, and amenities. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 12.00 Ft x 12.00 Ft | |
| 4pc Bathroom | 8.00 Ft x 5.00 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 12.08 Ft x 11.67 Ft | |
| Bedroom | 12.00 Ft x 8.33 Ft | |
| 4pc Bathroom | 8.67 Ft x 5.00 Ft | |
| Bedroom | 9.00 Ft x 8.50 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
4.58%
Cap rate
5.78%
GRM
11.8
Break-even rent
$2,570
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 18, 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.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.