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Investment signal

$509,900

11573 77 Avenue

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Beds

Baths

Sqft

—

Year

2012

Type

Multi-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

Welcome to this purpose built legal up-down duplex in the desirable Westpointe neighbourhood. Situated on a great street in a prime location, this well-maintained property offers an excellent opportunity for investors or those looking to offset their mortgage with strong rental income. The upper suite features three spacious bedrooms and two full bathrooms, along with a bright, open-concept living space and quality, modern finishings throughout. The kitchen has real hardwood cupboard doors, upgraded counters and stainless steel appliances. Downstairs, the lower suite offers the same upgraded style of kitchen and offers three bedrooms and one full bathroom, highlighted by large windows that bring in plenty of natural light, making it feel anything but like a typical basement suite. Built with comfort, class and efficiency in mind, the property includes in-floor heat in the basement with a new on-demand hot water heater and a second on demand for upstairs. Each suite is fully self-contained with its own private entrance and in-suite laundry, offering convenience and privacy for tenants. Outside offers a large shed for storage as well as a cement pad that can comfortably park 4 vehicles. Currently generating $1,775 per month upstairs and $1,700 per month downstairs. This is a turn-key property that shows well and won’t last long. (id:65958)

Subtype: Multi-family
Architectural style: Bi-level
Community: Westpointe
Common interest: Freehold
Living area: 1,210 square feet
Lot size: 3,638 square feet
Lot dimensions: 3638.00
Bedrooms: 3 above grade, 3 below grade
Parking: 4 total
On market: Apr 24, 2026
Status changed: Apr 24, 2026
Annual tax: $5,000.73 (2025)
Zoning: RS
Photos: 27
MLS#: A2305017
Area: GRANDE_PRAIRIE

Features and systems

Parking

Other

Basement

FinishedFullSeparate entranceWalk-up

Appliances

RefrigeratorDishwasherStoveMicrowave Range Hood ComboWasher/Dryer Stack-Up

Heating

Forced airIn Floor Heating

Cooling

None

Exterior

ConcreteVinyl siding

Construction

Poured concreteWood frame

Flooring

TileLaminate

Foundation

Poured Concrete

Lot

See remarksBack lane

Positive cash flow ~$117/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

1.38%

Cap rate

5.14%

GRM

12.9

Break-even rent

$3,177

Financing

Down payment$101,980

Loan amount$407,920

Mortgage$2,067/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$234

Insurance$80

Maintenance$425

CapEx reserve$212

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 $2,067/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.