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Grande Prairie · Single Family · under $675,000 · 4+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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9118 Lake Shore Drive
Welcome to this beautifully crafted, turnkey home ideally located on prestigious Lakeshore Drive - one of the most sought-after addresses in Grande Prairie.This stunning modified bi-level offers the perfect blend of style and functionality, featuring rich dark-stained cabinetry, a raised eating bar, and an open-concept great room with soaring vaulted ceilings and a cozy gas fireplace.The spacious primary suite is a true retreat, complete with vaulted ceilings and a well-appointed ensuite featuring a relaxing jetted tub and separate shower. With 5 bedrooms, this home provides plenty of space for a growing family, guests, or a dedicated home office.Thoughtful upgrades and features include granite countertops throughout, air conditioning, a heated garage, and a fully finished basement complete with a second gas fireplace. Additional inclusions add exceptional value, including the washer and dryer with pedestals, basement fridge, and a 65” TV with speakers.Step outside to enjoy the deck and a mature yard surrounded by large trees, creating a private and inviting outdoor space. The extended aggregate driveway leads to an impressive heated triple car garage, offering plenty of room for vehicles, storage, and hobbies.Located just a few blocks from an elementary school (K–8), this home provides convenience for families in a highly desirable neighbourhood.This turnkey property offers the perfect combination of comfort, quality, and location - don’t miss your opportunity to view this exceptional home today! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 9.92 Ft x 4.92 Ft | |
| Bedroom | 11.75 Ft x 8.42 Ft | |
| Laundry room | 6.67 Ft x 11.25 Ft | |
| Bedroom | 13.67 Ft x 15.50 Ft | |
| Recreational, Games room | 23.83 Ft x 18.08 Ft | |
| Furnace | 11.83 Ft x 14.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 7.67 Ft x 4.92 Ft | |
| Bedroom | 7.67 Ft x 11.83 Ft | |
| Bedroom | 11.17 Ft x 8.92 Ft | |
| Dining room | 10.67 Ft x 8.00 Ft | |
| Kitchen | 10.67 Ft x 13.67 Ft | |
| Living room | 14.42 Ft x 21.08 Ft | |
| Office | 8.83 Ft x 10.92 Ft | |
| Foyer | 12.83 Ft x 9.50 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 5pc Bathroom | 5.92 Ft x 17.00 Ft | |
| Primary Bedroom | 17.33 Ft x 17.75 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
-1.20%
Cap rate
4.62%
GRM
13.9
Break-even rent
$3,778
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.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
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.
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 Jul 10, 2026.
Location of this listing. Distances are straight-line.
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Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.