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11514 75 Avenue
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Beds
6
Baths
3
Sqft
1,246
Year
2012
Type
Single Family
On market
39d
Incredible Investment Opportunity – Legal Up/Down Duplex in Grande PrairieThis meticulously maintained and exceptionally clean legal two-unit property offers outstanding curb appeal and one of the most desirable rear exposures in the area — backing directly onto a large greenspace with a playground and no rear neighbours.Key features that make this a standout addition to any investment portfolio include:Separate power and gas metersPrivate entrances and individual laundry facilities for each unitRare 3-bedroom upper + 3-bedroom lower configuration (true 6 bedrooms total)Bright, open layouts with stainless steel appliancesVaulted ceilings upstairsBeautiful, durable flooring throughout with zero carpetGenerous primary bedroom upstairs with private ensuiteLarge walk-in closets and kitchen pantries in both unitsExcellent use of space and natural lightThe lower unit benefits from a bi-level design with oversized windows, infloor heating, and high-efficiency systems. Both suites feature on-demand hot water, high-efficiency furnaces, and low-E argon windows that maximize passive solar gain during the colder months.Outside, the wide concrete driveway provides ample parking for up to 4 vehicles (or an RV), with additional street parking available.With extremely low rental vacancy rates in Grande Prairie, this turn-key duplex is perfectly positioned for strong cash flow and long-term appreciation. Don’t miss this rare opportunity to add a high-quality, well-located income property to your portfolio.Contact you're realtor today to schedule a private viewing. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 9.08 Ft x 5.17 Ft | |
| Bedroom | 10.92 Ft x 8.67 Ft | |
| Bedroom | 10.42 Ft x 9.08 Ft | |
| Dining room | 4.50 Ft x 10.00 Ft | |
| Kitchen | 12.83 Ft x 10.92 Ft | |
| Living room | 17.42 Ft x 12.58 Ft | |
| Primary Bedroom | 11.08 Ft x 12.50 Ft | |
| Storage | 8.17 Ft x 8.83 Ft | |
| Furnace | 6.92 Ft x 3.08 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 9.58 Ft | |
| 4pc Bathroom | 4.92 Ft x 9.67 Ft | |
| Bedroom | 13.08 Ft x 9.50 Ft | |
| Bedroom | 9.50 Ft x 9.67 Ft | |
| Dining room | 9.50 Ft x 13.00 Ft | |
| Kitchen | 11.25 Ft x 11.50 Ft | |
| Living room | 13.08 Ft x 13.42 Ft | |
| Primary Bedroom | 12.25 Ft x 12.92 Ft | |
| Other | 5.00 Ft x 9.58 Ft |
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
1.73%
Cap rate
5.21%
GRM
12.8
Break-even rent
$3,146
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.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
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. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider 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 May 25, 2026.
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.