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Grande Prairie · Multi-family · under $775,000 · 4+ bed · 3+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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9521 88 Street
Built by Harder Builders and kept in amazing condition, this legal up/down property stands out above the rest!! Sitting on a corner lot backing onto a field and walking trails, it offers a bit more privacy and space than your average income property. The upper unit has a large entry with high ceilings that lead into the open concept kitchen, living, and dining. The living room is spacious and features a gas fireplace between two windows that offer natural light and a view of the field behind the property. From there, the space flows easily into the kitchen which has bright white cabinets, a corner pantry, stainless steel appliances, and a large island. The dining room and living room are both East facing allowing that beautiful morning light to shine in. Off the dining is a nice deck opening up to the fully fenced yard perfect for kids and pets to enjoy! The main floor also includes in-suite laundry and a convenient half bath. Upstairs you’ll find the primary bedroom with a walk-in closet and full ensuite. The ensuite has a dual vanity, soaker tub with white subway tile surround, and a walk-in shower. Finishing off the upper level are two more good sized bedrooms and a full bathroom. This upstairs unit also has a single attached garage and is rented for $2,700/month plus utilities. The fully separate lower unit is not to be outdone with an open concept main living space that has a full kitchen with bright white cabinets, stainless steel appliances, a living room, and a dining room. Additionally it includes two bedrooms, a full bathroom, and its own single heated garage.The basement suite is currently rented for $2,300/month including utilities. The units have separate gas meters, however water and power are shared. As a legal up/down unit the property has additional sound barriers between the units, separate furnaces, and additional fire ratings providing peace of mind for tenants and landlords alike! Situated at the end of a street with only one neighbour and back ing onto green space and walking trails this location is hard to beat! Call your REALTOR® to book a showing today!! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 10.00 Ft x 10.00 Ft | |
| Bedroom | 10.00 Ft x 10.00 Ft | |
| 4pc Bathroom | 5.00 Ft x 6.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 4.00 Ft x 6.00 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 16.42 Ft x 13.42 Ft | |
| 5pc Bathroom | 12.75 Ft x 9.75 Ft | |
| 4pc Bathroom | 5.33 Ft x 11.00 Ft | |
| Bedroom | 10.00 Ft x 14.08 Ft | |
| Bedroom | 10.67 Ft x 11.58 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
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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
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-1.05%
Cap rate
4.65%
GRM
13.9
Break-even rent
$4,329
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 Jun 22, 2026.
Location of this listing. Distances are straight-line.
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Buyer-fit signals
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