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9505 114 Avenue
Beds
6
Baths
4
Sqft
1,294
Year
2025
Type
Multi-family
On market
7d
(PRE-SALE, MORE AVAILABLE $$$$$+)The New Waverley Side-by-Side Duplex by Derksen Builders offers a rare investment opportunity to own a fully independent duplex on one title, with each side featuring 3 bedrooms, two 4-piece bathrooms, a garage, and separate power and gas meters, furnaces, and hot water on demand systems. Designed as a turnkey income property, each unit will be outfitted with a set of basic stainless steel kitchen appliances, range hood fans and washer and dryer. Built with energy efficiency in mind, the construction includes IKO lifetime fiberglass shingles, high-efficiency furnaces, LED lighting, argon-filled double-pane windows, and more. Interior finishes feature vinyl plank flooring on the main level common areas and bathrooms and carpet on the way down stairs and in all bedrooms, laminate counters, soft-close cabinets, real wood dovetail-jointed drawers, and adjustable shelving. The main floor layout includes the kitchen, dining and living areas, one bedroom, and a full bathroom, while the fully finished basement offers two additional bedrooms, a second full bathroom, laundry room, and storage. Backed by a 1-2-5-10 New Home Warranty—covering 1-year builder, 2-year systems, 5-year building envelope, and 10-year structural—this build is scheduled for completion in mid-December 2025. Located in Clairmont, just 5 minutes north of Grande Prairie, this community offers low county taxes (48% less than the city), a K–8 school, walking trails, parks, and quick access to the Clairmont Industrial Park, home to hundreds of oil, gas, and industry service companies, making it an ideal location for both investors and residents alike. If you are wanting to purchase more than one we can build up to 3 IN A ROW !(Pictures are samples from previous and do not represent exact build and option specs) (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 9.42 Ft x 12.42 Ft | |
| Bedroom | 9.42 Ft x 12.42 Ft | |
| Bedroom | 10.17 Ft x 10.08 Ft | |
| Bedroom | 10.17 Ft x 10.08 Ft | |
| 4pc Bathroom | 4.92 Ft x 8.58 Ft | |
| 4pc Bathroom | 4.92 Ft x 8.58 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 9.83 Ft x 9.08 Ft | |
| Primary Bedroom | 9.83 Ft x 9.08 Ft | |
| 4pc Bathroom | 4.92 Ft x 9.08 Ft | |
| 4pc Bathroom | 4.92 Ft x 9.08 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
-1.22%
Cap rate
4.62%
GRM
13.9
Break-even rent
$3,936
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 2, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Clairmont. 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.