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Grande Prairie · Multi-family · under $525,000 · 4+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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11212 75A Avenue
Exceptional opportunity to own a cash-flowing revenue property in one of Grande Prairie's most sought-after family neighbourhoods. Located in Westpointe at 11212 75A Avenue, this well-maintained up/down duplex offers strong rental income, a proven rental history, and major mechanical systems that have been consistently maintained.The property features 5 bedrooms and 2 full bathrooms across two self-contained suites. The upper suite offers 3 bedrooms and 1 bathroom with a bright open-concept layout, spacious living area, and functional kitchen and dining space. The lower suite features 2 bedrooms and 1 bathroom, creating excellent flexibility for tenants or multi-generational living.Currently generating $3,900 per month in rental income ($2,100 upper suite / $1,800 lower suite), this property provides attractive cash flow potential. With 25% down, buyers can benefit from an estimated additional cash flow of $900 per month.Ownership pride is evident throughout. The lower furnace was replaced approximately three years ago, both on-demand hot water systems have been professionally serviced annually, and the roof is in good condition, offering added confidence for investors.One of the property's standout features is the professionally built 8' x 8' insulated outbuilding, finished to match the home's exterior. Designed with versatility in mind, it includes soundproof insulation, ventilation for welding or heat extraction, hardwired ethernet with six connection points, dual 100-amp panels supplying 50 amps each, and a secure steel entry door with dual locks. Whether used as a workshop, hobby room, gaming space, home business setup, gardening room, or creative studio, this space adds unique value rarely found in comparable properties.Utilities are currently included in rent, with electricity and gas averaging approximately $250 per month. The existing TELUS internet plan may also be transferable to the new owner, providing access to a highly competitive rate.Whe ther you're looking to expand your investment portfolio, offset your mortgage by living in one suite, or secure a turnkey income property in a strong location, this is an opportunity worth exploring. Long-term rental history and financial information are available to qualified buyers upon request. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 9.83 Ft x 10.83 Ft | |
| Bedroom | 10.00 Ft x 9.00 Ft | |
| 4pc Bathroom | — |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 10.58 Ft x 12.25 Ft | |
| Bedroom | 8.92 Ft x 8.08 Ft | |
| Bedroom | 11.25 Ft x 9.92 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
3.22%
Cap rate
5.51%
GRM
12.2
Break-even rent
$3,026
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 Jul 4, 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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