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Investment signal

$429,900

11320 97 Street

Save this home

Beds

Baths

Sqft

—

Year

1972

Type

Single Family

Suite

Suite potential

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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 updated up/down duplex situated on a quiet street in Mountview subdivision with no rear neighbors. Situated on a massive fenced lot, close to several amenities, public bus stops, and schools. Upper unit boasts open concept between the kitchen, dining and living room with large windows for natural light. Remainder of upper unit has 3 bedrooms, full bathroom, and its own laundry. Lower unit is renovated recently again has open concept between kitchen, dining and living room two bedrooms and full bathroom plus utility /storage room as well as own laundry connections. Each unit does have its own entrance completely. Driveway allows for ample parking + no lack of street parking and a playground just down the road. Backyard is west backing and fully fenced. Current upstairs is rented for $1750.00 plus portion of utilities. Lower unit is vacant and ready for you to move in or fill easily with a new tenant. Book your viewing today as this potential for building your growing rental portfolio , or entering into home ownership with a mortgage helper. (id:65958)

Subtype: Single Family
Architectural style: Bungalow
Structure: House
Community: Mountview
Common interest: Freehold
Living area: 960 square feet
Lot size: 7,200 square feet
Lot dimensions: 7200.00
Bedrooms: 3 above grade, 2 below grade
Parking: 5 total
Stories: 1
On market: Apr 27, 2026
Status changed: Apr 28, 2026
Annual tax: $4,095.46 (2025)
Zoning: RG
Photos: 26
MLS#: A2305472
Area: GRANDE_PRAIRIE

Features and systems

Parking

Parking Pad

Basement

FinishedFullSeparate entranceSuite

Heating

Forced airNatural gas

Cooling

None

Flooring

Vinyl

Foundation

Poured Concrete

Lot

See remarksBack laneNo neighbours behind

Positive cash flow ~$578/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

8.07%

Cap rate

6.48%

GRM

10.9

Break-even rent

$2,692

Financing

Down payment$85,980

Loan amount$343,920

Mortgage$1,743/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$197

Insurance$80

Maintenance$358

CapEx reserve$179

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 $1,743/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 28, 2026.