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Investment signal

$1,100,000

9313 103 Avenue

Save this home

Beds

Baths

Sqft

Year

2023

Type

Multi-family

Suite

Investment signal

Location nearby

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.

About this home

Welcome to this like-new 2023 built triplex located in the desirable Hillside neighbourhood — a perfect opportunity for investors or buyers looking for a multi-unit property with strong income potential.This well-designed property features 3 separate 2-storey units, each offering a functional and modern layout. The upper level in all units includes 3 bedrooms and 2 full bathrooms, including a spacious primary bedroom complete with a walk-in closet and private ensuite. Convenient upstairs laundry in every unit adds to the practicality and tenant appeal.The main floor of each unit offers an open-concept design with a modern kitchen featuring quartz countertops, ceiling-height cabinetry, and ample counter space, flowing seamlessly into the dining and living areas.Each unit comes with its own attached garage plus additional parking, offering a total of 3 parking spaces per unit (2 on the pad and 1 in the garage) — a rare and valuable feature for tenants and owners alike.Currently tenant-occupied with strong rental potential, this property provides immediate income and flexibility. Whether you choose to live in one unit and rent the others or fully lease all three, this property offers excellent versatility and long-term value.Don’t miss this opportunity to own a modern, turnkey triplex in Hillside — a perfect investment property with great cash flow potential. (id:65958)

Subtype
Multi-family
Structure
Multi-Family
Community
Hillside
Common interest
Freehold
Living area
3,918 square feet
Parking
9 total
On market
Apr 18, 2026
Status changed
Apr 21, 2026
Annual tax
$10,575.16 (2025)
Zoning
RT
Photos
19
MLS#
A2303113
Area
GRANDE_PRAIRIE
Negative cash flow ~$1,193/mo at these assumptions

Cash on cash

-6.51%

Cap rate

3.56%

GRM

16.7

Break-even rent

$6,756

Financing

Down payment$220,000
Loan amount$880,000
Mortgage$4,459/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$504
Insurance$80
Maintenance$917
CapEx reserve$458
Vacancy loss$275

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 $4,459/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 21, 2026.

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