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Investment signal

$439,000

11238 75 Avenue

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Beds

Baths

Sqft

—

Year

2008

Type

Single Family

Suite

Investment signal

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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

Legal up/down duplex in desirable Westpointe—an excellent opportunity for investors or homeowners looking to offset their mortgage. This property features separate gas and electric meters for each unit, offering convenience and independent utility management. The upper suite includes 3 bedrooms and 2 bathrooms and is currently tenant-occupied, generating $1,900/month with only water included. Leased until September 30,2026 The lower unit offers 2 bedrooms and 1 bathroom and is currently vacant, providing flexibility to set your own rent or move in while collecting income from the upper suite. The property also features back alley access with a nice rear parking pad, adding extra convenience for tenants or owners. A solid income property with immediate upside potential. (id:65958)

Subtype: Single Family
Architectural style: Bi-level
Structure: House
Community: Westpointe
Common interest: Freehold
Living area: 1,136 square feet
Lot size: 328 square feet
Lot dimensions: 328.00
Bedrooms: 3 above grade, 2 below grade
Parking: 2 total
On market: Apr 21, 2026
Status changed: Apr 24, 2026
Annual tax: $4,748 (2025)
Zoning: RS
Photos: 18
MLS#: A2302534
Area: GRANDE_PRAIRIE

Features and systems

Parking

Parking Pad

Basement

FinishedFullSeparate entranceSuite

Appliances

See remarks

Heating

Forced airNatural gas

Cooling

None

Exterior

Vinyl siding

Flooring

CarpetedLinoleumVinyl

Foundation

Poured Concrete

Lot

See remarksOtherBack lane

Positive cash flow ~$526/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

7.18%

Cap rate

6.30%

GRM

11.1

Break-even rent

$2,747

Financing

Down payment$87,800

Loan amount$351,200

Mortgage$1,779/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$201

Insurance$80

Maintenance$366

CapEx reserve$183

Vacancy loss$165

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 $1,779/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.