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Investment signal

$559,900

8453 102 Avenue

Save this home

Beds

4

Baths

3

Sqft

Year

2015

Type

Multi-family

Suite

Suite potential

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 legal up/down duplex located on a spacious corner lot in Crystal Landing, an excellent opportunity for investors or homeowners looking for rental income. The legal upper suite offers a bright and functional layout with entrance into the dining area providing access to the deck. The kitchen boasts white cabinetry, plenty of cupboard and counter space plus eating bar, and stainless steel appliances. Your living room completes the main floor.  Heading up a level, you will find a spacious primary bedroom complete with its own ensuite, a second bedroom, and an additional full bathroom. The legal lower suite provides an open floorplan between kitchen & living area with large windows above grade creating a main level atmosphere. This lower unit includes two comfortable bedrooms and a full bathroom, providing a practical and private living space. Each unit is equipped with its own separate laundry for added convenience. The property also features a double detached garage, with each unit enjoying access to one side, ensuring both parking and storage needs are met. A smart investment to add to your portfolio, book your showing today!  (id:65958)

Subtype
Multi-family
Architectural style
Bi-level
Community
Crystal Landing
Common interest
Freehold
Living area
1,532 square feet
Lot size
493 square meters
Lot dimensions
493.00
Bedrooms
2 above grade, 2 below grade
Parking
4 total
On market
Apr 20, 2026
Status changed
Apr 20, 2026
Annual tax
$5,665.09 (2025)
Zoning
RS
Photos
21
MLS#
A2299608
Area
GRANDE_PRAIRIE

Features and systems

Parking

Detached Garage

Basement

FinishedFullSeparate entranceSuite

Appliances

WasherRefrigeratorDishwasherStoveDryerMicrowave

Heating

Forced air

Cooling

None

Exterior

Vinyl siding

Flooring

TileLaminate

Foundation

Poured Concrete

Lot

See remarks
Negative cash flow ~$551/mo at these assumptions

Cash on cash

-5.91%

Cap rate

3.68%

GRM

16.1

Break-even rent

$3,480

Financing

Down payment$111,980
Loan amount$447,920
Mortgage$2,270/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$257
Insurance$80
Maintenance$467
CapEx reserve$233
Vacancy loss$145

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 $2,270/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 20, 2026.

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