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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 major mechanical systems that have been consistently maintained. 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, creating excellent flexibility for tenants or multi-generational living. Currently generating $3,900 per month in rental income ($2,100 upper suite / $1,800 lower suite), this property provides attractive cash flow potential.

With 25% down, buyers can benefit from an estimated additional cash flow of $900 per month. 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. Whether 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.

Utilities are currently included in rent, with electricity and gas averaging approximately $250 per month. The existing TELUS internet plan may also be transferable to the new owner, providing access to a highly competitive rate. Whe ther 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 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
Square footage
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
75 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

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.