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Investment signal

$599,900

8703-8707 89 AVENUE

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Beds

Baths

Sqft

—

Year

2003

Type

Multi-family

Suite

Suite potential

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Fort St. John. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Perfect scenario. Live on one side with the single and the double detached garages, and let the other side of the duplex be the mortgage helper. Rent out both making it your next real estate investment, adding it to your portfolio. Property is located on a fully developed corner lot in great area in the south east of town making it close to amenities, elementary & high schools, sports center, and approximately 2& a half blocks away from Mathews Park. Each unit has its own separate fenced yard, private decks and concrete driveways. This custom side-by-side duplex has a fantastic family friendly layout w/ open concept living, kitchen, lots of windows & attached single garages! (id:65958)

Subtype: Multi-family
Structure: Duplex
Common interest: Freehold
Living area: 1,428 square feet
Lot size: 7,500 square feet
Lot dimensions: 7500
Stories: 1
On market: Jan 16, 2025
Status changed: Apr 17, 2026
Annual tax: $5,286.75 (2024)
Photos: 14
MLS#: R2957113
Area: FORT_ST._JOHN

Features and systems

Parking

Garage

Basement

FinishedFull

Heating

Forced airNatural gas

Exterior

Vinyl siding

Roof

Asphalt shingleConventional

Foundation

Concrete Perimeter

Negative cash flow ~$687/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

-6.87%

Cap rate

3.49%

GRM

16.7

Break-even rent

$3,723

Financing

Down payment$119,980

Loan amount$479,920

Mortgage$2,432/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$275

Insurance$80

Maintenance$500

CapEx reserve$250

Vacancy loss$150

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 $2,432/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 17, 2026.