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9403 100 Avenue
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Grande Prairie · Multi-family · under $1,125,000. Alerts only send when there are new or meaningfully updated matching homes.
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Brand new luxury triplex now CASH FLOWING! ALL SUITES RENTED FOR A TOTAL OF $10,000! Unit A is being rented at $2750 includes water, tenants pay power and gas. Unit B rented for $4500 a month furnished, including all utilities. Unit C rented for $2750 includes water, tenants pay power and gas. Located just two blocks from the Junction Point Professional Area, featuring two spacious 3 bed, 2.5 bath two-storey suites each with their own private garage, plus a front 4 bed, 2 bath suite, all with separate power and gas meters for each unit. Purpose-built with investor appeal in mind, this high-end multifamily asset is designed to attract premium tenants with upscale finishes throughout, including quartz countertops, birch plywood cabinetry with high-gloss soft-close hardware, Italian tile backsplash, stainless steel appliances, triple-pane windows, Ditra under-tile flooring, solid MDF shelving in closets and pantry, and oversized 4.5” baseboards. Additional features include silent WiFi-enabled garage door openers, one-piece easy-clean toilets, and a functional layout that supports strong rental demand. The property offers rear alley access with a total of six parking stalls. Unit A we are locked in on a year lease for $5575/month starting feb, fully furnished and including utilities. Unit B $2400/month 1 year lease plus power and gas starting Feb 1. The front unit is still vacant. An excellent opportunity for investors seeking immediate cash flow and long-term upside in a prime Grande Prairie location. (2 story with garage tour is under multi media, front 4 bed suite is under 3D.) (id:65958)
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
-0.84%
Cap rate
4.70%
GRM
13.9
Break-even rent
$6,301
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 Apr 29, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.