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8862 60 Avenue
Beds
4
Baths
4 full + 1 half
Sqft
1,848
Year
2021
Type
Single Family
On market
96d
Elegant home that is like no other in Grande Prairie, that boasts modern and cozy vibes like never seen before! This fully developed home is situated in the quiet & newest phase of Summerside which is surrounded by prestige only homes. As you enter this home you will admire the brightness this home boasts with huge ceilings and numerous windows beaming natural light in the living room. Main floor consists of the open concept floor plan everyone adores between the kitchen,dining, and living room. Living room is complimented by gas fire place with stunning feature wall. Kitchen hosts quartz counter tops with ample cabinet space and a butler pantry. Laundry room is located on main floor with a sink and a half bath leading into the fully finished heated double car garage. Upstairs is made up of the luxurious master bedroom with walk in closet and 5 piece en-suite , 2 more bedrooms, and another full bathroom with tiled shower. Let's make our way down to the finished basement where you will find a large family or potential theatre room, bedroom , storage/utility room, and full bathroom with tiled shower. This home has fully fenced yard with no neighbor currently to the east. Exposed aggregate driveway with combination of hardy board and stucco on the exterior this home will be sure to please.***Photos From When Vacant - All Appliances , Garage Heater, Landscaping, And Fencing Completed*** (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 12.00 Ft x 11.00 Ft | |
| 3pc Bathroom | 7.92 Ft x 4.92 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 4.92 Ft x 4.58 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 16.00 Ft x 12.00 Ft | |
| Bedroom | 10.17 Ft x 10.17 Ft | |
| Bedroom | 11.00 Ft x 14.08 Ft | |
| 3pc Bathroom | 8.42 Ft x 4.92 Ft | |
| 5pc Bathroom | 8.92 Ft x 8.42 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
-1.17%
Cap rate
4.63%
GRM
13.9
Break-even rent
$3,905
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.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
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. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 8, 2026.
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.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.