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Renanza Realty
For sale

11212 75A Avenue

Grande Prairie, Alberta

MLS® A2316971

$484,999

Status
Active
Property type
Multi-family
MLS® number
A2316971
Bedrooms
5
Bathrooms
2
Year built
2010

Listing description

Exceptional opportunity to own a cash-flowing revenue property in one of Grande Prairie’s most sought-after family neighbourhoods. Located in Westpointe at 11212 75A Avenue, this well-maintained up/down duplex offers strong rental income, a proven rental history, and well-maintained major mechanical systems. The property features 5 bedrooms and 2 full bathrooms across two self-contained suites.

The upper suite offers 3 bedrooms and 1 bathroom with a bright, open-concept layout, spacious living area, and functional kitchen and dining space. The lower suite features 2 bedrooms and 1 bathroom, providing excellent flexibility for tenants, investors, or multi-generational living. Currently generating $4,000 per month in rental income ($2,100 upper / $1,900 lower), the property offers attractive cash-flow potential.

With 25% down, buyers may benefit from approximately $1,000 per month in additional cash flow, depending on financing and operating costs. Tenant and lease details provide clear visibility for investors: rent currently includes approximately $250/month in utilities, with tenants responsible for any utility costs above that amount. The upper lease expires June 1, 2027, while the lower lease expires September 1, 2027, giving a future owner a clear timeline for potential occupancy, lease renewal, or rental-rate adjustments.

Ownership pride is evident throughout. The lower furnace was replaced approximately three years ago, both on-demand hot water systems have been professionally serviced annually, and the roof is in good condition, offering added confidence for investors. One of the property’s standout features is the professionally built 8’ x 8’ insulated outbuilding, finished to match the home’s exterior.

Designed with versatility in mind, it includes soundproof insulation, ventilation for welding or heat extraction, hardwired Ethernet with six connection points, dual 100-amp panels supplying 50 amps each, and a secure steel entry door with dual locks. Wh ether used as a workshop, hobby room, gaming space, home business setup, gardening room, or creative studio, this space adds unique value rarely found in comparable properties. The existing TELUS internet plan may also be transferable to the new owner, providing access to a highly competitive rate.

Whether you’re looking to expand your investment portfolio, offset your mortgage by living in one suite, or secure a turnkey income property in a strong Westpointe location, this is an opportunity worth exploring. Long-term rental history and financial information are available to qualified buyers upon request.

Property summary

MLS® number
A2316971
Property type
Multi-family
Size
1,540 sq ft
Title
Freehold
Land size
3484 square feet
Built in
2010
Annual property taxes
$4,800.00
Parking
2 spaces · Other
Days on market
121 days

Features & details

Heating
Forced air, Natural gas
Cooling
None
Basement
Finished, Full, Walk out, Suite
Flooring
Laminate, Ceramic Tile
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Exterior features
Vinyl siding
Lot features
See remarks, Back lane
Architectural style
4 Level

What would this home cost you?

Based on the $484,999 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,257 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Grassroots Realty Group Ltd., Grande Prairie.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.