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Investment signal

$499,900

7502 114 Street

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Beds

5

Baths

3

Sqft

Year

2012

Type

Multi-family

Suite

Investment signal

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

Great revenue property located in Westpointe. This legal up/down duplex has a large open layout on the main floor with lots of natural light. The kitchen features a large pantry and overlooks the living room. The main floor unit has 3 good-sized bedrooms and 2 bathrooms. The master bedroom has an ensuite and a walk-in closet. The lower unit features a private entrance for downstairs tenants, 2 large bedrooms, and a bathroom. Each unit has its own furnace & hot water tank. Each unit has a washer & dryer. There is a large parking pad with plenty of space for both up/down units. Don't miss out!!! Book your showing today!!! (id:65958)

Subtype
Multi-family
Architectural style
Bi-level
Community
Westpointe
Common interest
Freehold
Living area
1,104 square feet
Lot size
371.48 square meters
Lot dimensions
371.48
Bedrooms
3 above grade, 2 below grade
Parking
2 total
Stories
1
On market
Apr 14, 2026
Status changed
May 1, 2026
Annual tax
$4,879.02 (2025)
Zoning
RS
Photos
2
MLS#
A2301686
Area
GRANDE_PRAIRIE

Features and systems

Parking

Parking Pad

Basement

FinishedFullSuite

Appliances

WasherRefrigeratorDishwasherStoveDryer

Cooling

None

Exterior

Concrete

Construction

Poured concrete

Flooring

Vinyl Plank

Foundation

Poured Concrete
Positive cash flow ~$175/mo at these assumptions

Cash on cash

2.10%

Cap rate

5.28%

GRM

12.6

Break-even rent

$3,116

Financing

Down payment$99,980
Loan amount$399,920
Mortgage$2,026/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$229
Insurance$80
Maintenance$417
CapEx reserve$208
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.

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 $2,026/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 May 1, 2026.

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