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6301 88a Street
Beds
4
Baths
2
Sqft
1,870
Year
2003
Type
Multi-family
On market
16d
Exceptional investment opportunity with this legal up/down duplex offering separate meters, strong rental income, and a highly desirable location backing onto greenspace/park. With month-to-month tenants currently paying $1,475 per unit (water included, tenants responsible for gas and power), this property offers immediate cash flow and flexibility for future use.The upper floor suite (1,000 sq.ft.) is bright and inviting, featuring an open-concept kitchen, dining, and living room, 2 spacious bedrooms, 1 full bathroom, and a separate laundry room. Large windows fill the space with natural light, creating a warm and welcoming atmosphere.The main floor suite (870 sq.ft.) is thoughtfully designed with accessibility in mind, offering 2 bedrooms, 1 full bathroom with tub, plus a large wheelchair-accessible shower fully designed for wheelchair use. The open-concept kitchen, dining, and living area creates a functional and spacious layout, while the separate laundry room adds convenience. The primary bedroom features French doors leading to the front patio, while suite access is through the back entrance.Outside, enjoy a large yard backing directly onto greenspace/park, offering privacy and outdoor enjoyment. There is paved parking for 4 vehicles, plus ample street parking for guests or additional vehicles. Brand new shingles installed in May 2026, Both hot water tanks replace 2023-2024 to add peace of mind for years to come.Whether you’re looking to expand your investment portfolio, offset your mortgage with rental income, or secure a versatile income property, this legal duplex checks all the boxes with income potential, accessibility features, and a fantastic location. Built by Durham Homes. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 12.17 Ft x 10.25 Ft | |
| Bedroom | 10.42 Ft x 9.92 Ft | |
| 4pc Bathroom | 9.25 Ft x 9.00 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 10.42 Ft x 141.67 Ft | |
| Bedroom | 9.92 Ft x 9.00 Ft | |
| 4pc Bathroom | 5.83 Ft x 8.83 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
-0.05%
Cap rate
4.85%
GRM
13.4
Break-even rent
$2,904
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 31, 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.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.