We use cookies for basic analytics + follow-up. Privacy
We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.
Reduced $4,100 (1%) from $498,000
Buyer alert automation
Get matching homes sent on your schedule. This uses this home's city, style, bedroom count, and price band as the starting filter.
Choose alert settings, then sign in
Grande Prairie · Single Family · under $550,000 · 4+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
Alert speed
Send by
Watch for
Swipe through similar matches — tap the heart to save, or open one for the full read.
10531 104 Avenue
Click brochure link for more details** Investor Alert!! One-of-a-kind Investment Property. Well maintained Legal Duplex Located in Bear Creek, College Park subdivision with walking distance to Polytechnic college, new hospital and Muskoseepi park. Built in 1962 and converted into a Legal Duplex in 2017. This property has a unique floor plan that needs to be seen to be fully appreciated. The upper level is a 2 bedroom, 1 bath, 812 sq foot completely self-contained legal unit complete with private entrance, SS fridge, stove, dishwasher and in unit washer & dryer. The main level is 1443 sq ft and is ideal for households that prefer two living spaces such as a couple with a best friend or family member, a family with an older teenager or young adult living at home or multi generational families with an aging parent. Each living space, has one living room, one full bathroom and separate laundry areas. One area has 2 bedrooms, a full kitchen with a stove, fridge, dishwasher and a large pantry. The other area has 1 bedroom, a kitchenette with a microwave, fridge and dishwasher. There is double access to a large south facing back deck. SS appliances throughout. Built in vacuum. A 26’x11’ cement parking pad at the front and a 33’x26’ cement parking pad at the back. For storage, there is one small shed and one large shed in the backyard. Updates include asphalt shingles replaced in 2025, hot water tank in 2023 and the sewer line was replaced in 2020. Front landscaping redone in 2021 and refreshed in 2025. Current monthly income $4700. Upper legal unit has lease in place till June 30th, 2026 and main floor unit has lease in place till August 31, 2026. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 20.00 Ft x 12.00 Ft | |
| Kitchen | 9.50 Ft x 12.50 Ft | |
| Bedroom | 10.00 Ft x 7.50 Ft | |
| Primary Bedroom | 9.33 Ft x 12.50 Ft | |
| Bedroom | 9.50 Ft x 13.00 Ft | |
| Family room | 13.50 Ft x 12.50 Ft | |
| 3pc Bathroom | — | |
| 3pc Bathroom | — |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 13.50 Ft x 15.00 Ft | |
| Other | 13.50 Ft x 18.50 Ft | |
| Bedroom | 13.42 Ft x 12.50 Ft | |
| 4pc Bathroom | — |
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
2.54%
Cap rate
5.37%
GRM
12.5
Break-even rent
$3,080
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
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 19, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.