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Investment signal

$94,900

8621 102 Avenue

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Beds

Baths

Sqft

Year

Type

Vacant Land

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

Prime investment opportunity in a highly sought-after, established subdivision. This oversized lot offers exceptional build flexibility and strong future upside. Backing onto a natural wetland, it provides long-term value, added privacy, and excellent tenant appeal—an uncommon premium in today’s market. Zoned for a legal up/down suited duplex, this property is ideal for immediate income generation or a strategic buy-and-hold build. Conveniently located within walking distance to both K–9 public and K–8 Catholic schools, along with nearby parks and green space—key factors that support consistent rental demand. Opportunities combining location and income potential like this are increasingly hard to find. (id:65958)

Subtype
Vacant Land
Community
Crystal Landing
Common interest
Freehold
Lot size
4,146.7 square feet
Lot dimensions
4146.70
On market
Apr 30, 2026
Status changed
Apr 30, 2026
Annual tax
$894.11 (2025)
Zoning
RS
Photos
3
MLS#
A2306635
Area
GRANDE_PRAIRIE
Positive cash flow ~$1,653/mo at these assumptions

Cash on cash

104.52%

Cap rate

25.77%

GRM

3.3

Break-even rent

$660

Financing

Down payment$18,980
Loan amount$75,920
Mortgage$385/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$43
Insurance$80
Maintenance$79
CapEx reserve$40
Vacancy loss$120

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 $385/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 30, 2026.

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