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9541 114 Avenue
INVESTOR ALERT UP DOWN DUPLEX PRESALE OPPORTUNITY- HOUSE WITH LEGAL SUITE WITH SEPERATE POWER AND GAS METERS, SIMILAR UNITS RENT FOR $4100+ COMBINED PLUS TENANTS PAY THEIR OWN POWER AND GAS VIA SEPARATE POWER AND GAS METERS and YOU GET NEW HOME WARRANTY! The legal upper suite features 1374 sqft of living space featuring a gorgeous kitchen with quartz counters, tile backsplash, stainless steel appliances and soft close cabinets and drawers. The main floor has vaulted ceilings throughout the kitchen living and dining area and is finished with vinyl plank flooring throughout the main areas and bathroom with the 2 bedrooms having carpet. Upstairs is your Master bedroom retreat with walk in closet, 4 piece ensuite bathroom and large roomy bedroom. The basement legal suite features its own entrance which leads to the open concept living room and kitchen. The legal basement suite features 2 bedrooms and 1 full bathroom and is furnished with stainless steel appliances. Each legal suite has its own laundry, furnace, and hot water on demand. We have tried to include all the necessities, stainless appliances for both legal suites ARE INCLUDED! . The double-split attached garage is set up so that each legal suite has a garage bay. Clairmont is only 5 minutes north of Grande Prairie in the county which allows you to save almost 50% on property tax (estimated $4320/year). Clairmont is an excellent place to live and invest with a k-8 school, skate park and splash park, miles of walking trails and parks. (SAMPLE PICS FROM A RECENT BUILD SAME FLOOR PLAN) Click on multimedia to view the 3D tour and 3D to view the basement tour. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 8.75 Ft x 10.17 Ft | |
| Bedroom | 9.00 Ft x 9.00 Ft | |
| 4pc Bathroom | 8.92 Ft x 4.92 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 11.83 Ft x 14.75 Ft | |
| 4pc Bathroom | 4.92 Ft x 8.75 Ft |
Unknown
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 8.42 Ft | |
| Bedroom | 8.92 Ft x 10.50 Ft | |
| Bedroom | 9.00 Ft x 9.33 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
-1.14%
Cap rate
4.64%
GRM
13.9
Break-even rent
$3,875
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.
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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 15, 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.