New buildInvestment signal

$639,900

8514 87 Street

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Beds

Baths

Sqft

—

Year

2026

Type

Single 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

Dirham Homes Job #2533 - The Camden - Welcome to this gorgeous brand new modified bi-level home, offering a unique investment or multi-generational living opportunity. This suited home features two completely self contained living spaces, with 3 bedrooms and 2 bathrooms upstairs, and 2 bedrooms and 1 bathroom downstairs, each with a separate entrance for ultimate privacy. Upstairs, the main suite showcases an open concept living area, filled with natural light and perfect for family gatherings. The modern kitchen is equipped with premium finishes, offering a functional space for both cooking and entertaining. The spacious primary bedroom located above the garage includes a private ensuite, while two additional bedrooms share a full bathroom on the main floor. The lower level features a fully independent 2-bedroom, 1-bathroom suite, complete with its own modern kitchen, living area, and private laundry facilities—ideal for rental income or extended family. Each unit enjoys its own single garage, offering secure parking and additional storage space. Located in the desirable neighbourhood of Fieldbrook, this versatile home is perfect for homeowners and investors alike. Don't miss your chance to own this incredible property! (id:65958)

Subtype: Single Family
Architectural style: Bi-level
Structure: House
Community: Fieldbrook
Common interest: Freehold
Living area: 1,352 square feet
Lot size: 427 square meters
Lot dimensions: 427.00
Bedrooms: 3 above grade, 2 below grade
Parking: 4 total
On market: Apr 16, 2026
Status changed: Apr 24, 2026
Zoning: RG
Photos: 1
MLS#: A2302188
Area: GRANDE_PRAIRIE

Features and systems

Parking

Attached Garage

Basement

FinishedFullSeparate entranceSuite

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Forced air

Cooling

None

Exterior

Vinyl siding

Flooring

CarpetedVinyl Plank

Foundation

Poured Concrete

Lot

See remarksNo Animal HomeNo Smoking Home

Negative cash flow ~$632/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

-5.93%

Cap rate

3.68%

GRM

16.2

Break-even rent

$3,965

Financing

Down payment$127,980

Loan amount$511,920

Mortgage$2,594/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$293

Insurance$80

Maintenance$533

CapEx reserve$267

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 $2,594/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.