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Grande Prairie · Single Family · under $750,000 · 4+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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8601 88B Street
Brand new modified bi-level with legal basement suite – Job 704, “The Kinley” by Unique Home Concepts, one of Grande Prairie’s premier builders and the proud builder of the 2021, 2023, 2024, 2025 & 2026 Dream Homes. Located in family friendly Riverstone. This impressive property is larger than most in its class, with each unit featuring its own attached garage, private entrance, separate laundry, and independent heating. The upper unit offers an open-concept main level with a linear electric fireplace in the living room, plus a spacious kitchen with quartz counters and dining area with island. The main-floor master bedroom includes a walk-in closet and full ensuite. Upstairs, you’ll find two additional generously sized bedrooms and a full 4-piece bathroom. The lower unit boasts a bright, open floor plan with a well-appointed kitchen with quartz counters and dining area, living room with fireplace, two bedrooms, and a full 4-piece bathroom. Durable vinyl plank and tile flooring throughout the common areas provide a modern look and long-lasting performance ideal for tenants. The garage adds valuable storage and workspace—plus the convenience of no snow scraping in winter. An excellent revenue-generating opportunity: rent both units or live in one and have the other help pay the mortgage. Buy early and choose your own colours and finishings. ALL PHOTOS ARE SAMPLE PHOTOS AS HOUSE IS STILL UNDER CONSTRUCTION. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 10.00 Ft x 12.42 Ft | |
| Bedroom | 10.00 Ft x 12.42 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 11.50 Ft x 11.50 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 10.33 Ft x 11.42 Ft | |
| Bedroom | 12.17 Ft x 11.25 Ft | |
| 4pc Bathroom | .00 Ft x .00 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
-1.07%
Cap rate
4.65%
GRM
13.9
Break-even rent
$4,177
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.
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Monthly carrying costs (shared)
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. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 24, 2026.
Location of this listing. Distances are straight-line.
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Buyer-fit signals
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