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Grande Prairie · Single Family · under $525,000 · 3+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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8861 74 Avenue
Welcome home to this beautifully maintained modified bi level tucked away in one of Countryside North’s most desirable locations. With a sunny south facing backyard backing directly onto a park and playground, you’ll enjoy the rare luxury of no rear neighbours and peaceful open views year round.Step inside and you’ll immediately appreciate the soaring vaulted ceilings that fill the open concept main living area with natural light. Designed with everyday living in mind, the spacious living room flows seamlessly into the dining area and kitchen, where a large center island, corner pantry, and ample prep space make entertaining and family gatherings effortless.Offering 4 bedrooms and 3 full bathrooms, this thoughtfully designed home provides plenty of room for growing families. The private primary suite is the perfect place to unwind, featuring a spacious walk in closet and a beautifully appointed ensuite complete with dual sinks, a soaker tub, and a walk in shower.The fully developed basement extends your living space with a generous rec room, fourth bedroom, full bathroom, and a versatile bonus nook that’s ideal for a home office, homework station, or hobby space.Outside, the spacious rear deck is the perfect place to enjoy your morning coffee, host summer BBQs, or simply relax and take in the park views. Backing directly onto the park and playground, you’ll love the added sense of space, privacy, and convenience this location offers.Situated close to schools, shopping, walking trails, and everyday amenities, this home offers the perfect balance of comfort, function, and location. From the vaulted ceilings to the incredible park side setting, this is a home you’ll be proud to call your own. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 12.00 Ft x 10.25 Ft | |
| 4pc Bathroom | 8.67 Ft x 6.58 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 11.25 Ft x 9.00 Ft | |
| Bedroom | 11.25 Ft x 9.00 Ft | |
| 4pc Bathroom | 8.00 Ft x 5.00 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 16.42 Ft x 11.42 Ft | |
| 5pc Bathroom | 14.42 Ft x 7.00 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
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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
-0.77%
Cap rate
4.71%
GRM
13.6
Break-even rent
$2,965
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 27, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.