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Investment signal

$225,000

11313 101A Street

Save this home

Beds

3

Baths

1

Sqft

Year

1963

Type

Single Family

Suite

Suite potential

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

A great opportunity to enter the Grande Prairie real estate market at an affordable price. Whether you’re looking for an investment property or a future build site, this home offers flexibility and value. Currently tenant-occupied with a reliable renter open to a longer-term lease, it presents a solid income opportunity from day one. This 3-bedroom, 1-bathroom home has seen several updates over the years, including a hot water tank, furnace, shingles (2024), windows, and flooring. The large unfinished basement provides a blank canvas for future development to suit your needs. Situated on a mature 0.15-acre lot in Avondale, the property features a welcoming streetscape highlighted by a beautiful front yard tree. While the home has charming curb appeal, it does require the right buyer with vision to bring out its full potential. This property is in walking distance to schools, parks & grocery stores. Contact your REALTOR® today for more information on current rental income and to schedule a viewing of this quaint little home nestled in Avondale. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Community
Avondale
Common interest
Freehold
Living area
952 square feet
Lot size
0.15 acres
Lot dimensions
0.15
Bedrooms
3 above grade, 0 below grade
Parking
2 total
Stories
1
On market
Apr 11, 2026
Status changed
Apr 29, 2026
Annual tax
$2,620.26 (2025)
Zoning
RR
Photos
10
MLS#
A2301075
Area
GRANDE_PRAIRIE

Features and systems

Parking

Parking Pad

Basement

UnfinishedFull

Appliances

See remarks

Heating

Forced airNatural gas

Cooling

None

Construction

Wood frame

Flooring

CarpetedVinylVinyl Plank

Foundation

Poured Concrete

Lot

See remarks
Positive cash flow ~$904/mo at these assumptions

Cash on cash

24.10%

Cap rate

9.68%

GRM

7.8

Break-even rent

$1,449

Financing

Down payment$45,000
Loan amount$180,000
Mortgage$912/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$103
Insurance$80
Maintenance$188
CapEx reserve$94
Vacancy loss$120

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.

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.

Mortgage estimate

Estimated $912/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 29, 2026.

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