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Grande Prairie · Multi-family · under $575,000 · 4+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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A & B, 9302 100 Avenue
**TURNKEY INVESTMENT OPPORTUNITY IN GRANDE PRAIRIE!**Add a strong income-producing asset to your portfolio with this well-maintained up/down duplex offering 5 bedrooms, 3 bathrooms, and reliable rental income in one of Grande Prairie's most active rental markets. Ideally situated close to schools, parks, playgrounds, shopping, and public transit, this property appeals to a wide range of tenants and offers excellent long-term investment potential.The upper suite features over 1,100 sq. ft. of bright, functional living space with vaulted ceilings, large south-facing windows, and an open-concept layout. The spacious living room flows seamlessly into the dining area and well-appointed kitchen, complete with modern black appliances, attractive tile backsplash, corner pantry, and ample cabinetry. Three generously sized bedrooms include a primary retreat with a walk-in closet and full ensuite bathroom. A second full bathroom, linen storage, and conveniently located in-suite laundry complete the upper level. Residents can enjoy both the sunny south-facing front entrance and the east-facing rear deck.The lower suite offers an inviting and spacious design highlighted by extra-high ceilings and oversized windows that fill the home with natural light. The kitchen mirrors the quality finishes found upstairs, featuring rich cabinetry, tile flooring, stylish backsplash, and a practical pantry. The primary bedroom is thoughtfully positioned at the rear of the suite for added privacy, while the second bedroom and full bathroom are located toward the front of the home. Additional features include in-suite laundry, a dedicated furnace room, and convenient linen storage.Situated on a large lot, the property offers a substantial concrete parking pad and dedicated sidewalks leading to each private entrance, enhancing accessibility and tenant convenience. With stable tenants already in place and strong rental demand in Grande Prairie, this property presents an excellent opportunit y for investors seeking immediate cash flow and long-term appreciation.Contact your REALTOR® today for additional information or to schedule a private viewing. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Furnace | 7.58 Ft x 8.42 Ft | |
| 4pc Bathroom | 8.33 Ft x 4.92 Ft | |
| Bedroom | 12.50 Ft x 9.08 Ft | |
| Bedroom | 13.33 Ft x 11.17 Ft | |
| Kitchen | 13.00 Ft x 12.33 Ft | |
| Living room | 13.00 Ft x 24.75 Ft | |
| Furnace | 8.42 Ft x 8.42 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 10.25 Ft | |
| 4pc Bathroom | 7.58 Ft x 5.00 Ft | |
| Bedroom | 11.58 Ft x 10.75 Ft | |
| Bedroom | 9.08 Ft x 8.83 Ft | |
| Dining room | 11.08 Ft x 10.75 Ft | |
| Kitchen | 13.08 Ft x 12.33 Ft | |
| Living room | 11.92 Ft x 13.92 Ft | |
| Primary Bedroom | 11.67 Ft x 12.00 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
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Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
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Suite legality / potential
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Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
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Insurance estimate
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Commute
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Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
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Cash on cash
1.38%
Cap rate
5.14%
GRM
12.9
Break-even rent
$3,177
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 24, 2026.
Location of this listing. Distances are straight-line.
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Buyer-fit signals
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