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Grande Prairie,AB T8v 6V2
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,166 sqft
Price per Sqft $510
Subdivision Royal Oaks
MLS Listing ID A2198204
Style Attached-Up/Down,Bi-Level
Bedrooms 5
Full Baths 3
Year Built 2022
Lot Size 4,802 Sqft
Acres 0.11
Property Sub-Type Detached
Property Description
Seize the opportunity to build equity and secure your financial future with this fantastic investment property. With the option to purchase with just 5% down, you can live in the spacious upper unit while renting out the lower suite for an impressive average of $2,000 per month! Are you a savvy investor searching for a property that not only builds equity but also provides consistent cash flow? Look no further! The upper unit boasts a rental potential of approximately $2,300 per month and appreciates 3.00% per year making this a lucrative opportunity. This thoughtfully designed property features a well-appointed upper unit with 3 bedrooms and 2 full bathrooms, providing ample space for comfortable living. The lower suite is equally inviting, with 2 bedrooms and 1 full bathroom, perfect for tenants seeking a cozy home.
Crafted by Harker, known for their quality constructions, this property includes dependable soundproofing, separate entrances, walk in closets and modern finishes throughout. Enjoy the elegance of quartz countertops in both kitchens, complemented by spacious islands and soft-close cabinets. At just 3 years old, this unit comes with the peace of mind of a new home warranty, ensuring a hassle-free investment. The west-facing backyard is fully fenced, featuring a lovely deck for the upper unit—ideal for outdoor relaxation and entertaining. Each unit is equipped with a generous 12x26 garage and a concrete parking pad, providing convenience and security for tenants.
Situated in a superb location, this property offers easy access to scenic walking trails, both public and Catholic schools, shopping amenities, and quick routes to main transportation arteries. Don't miss this incredible opportunity to invest in a property that promises both immediate returns and long-term growth. Contact a realtor today to schedule a viewing and take the first step toward securing your financial future!
Location
Province AB
County Grande Prairie
Zoning RG
Direction E
Rooms
Basement Full,Suite
Interior
Interior Features Built-in Features,Ceiling Fan(s),Open Floorplan,Pantry,Separate Entrance,Sump Pump(s),Tankless Hot Water,Vaulted Ceiling(s),Vinyl Windows
Heating Forced Air,Natural Gas
Cooling None
Flooring Vinyl
Fireplaces Number 1
Fireplaces Type Electric,Living Room
Inclusions 2 fridges, 2 stoves, 2 dishwashers, 2 OTR microwaves, 2 washers, 2 dryers, 2 GDO openers.
Appliance See Remarks
Laundry In Unit,Multiple Locations
Exterior
Exterior Feature Private Entrance
Parking Features Parking Pad,Single Garage Attached
Garage Spaces 2.0
Fence Fenced
Community Features Lake,Park,Schools Nearby,Shopping Nearby,Sidewalks,Walking/Bike Paths
Roof Type Asphalt Shingle
Porch Deck,See Remarks
Lot Frontage 42.06
Exposure W
Total Parking Spaces 4
Building
Lot Description See Remarks
Dwelling Type House
Foundation Poured Concrete
Architectural Style Attached-Up/Down,Bi-Level
Level or Stories One
Structure Type Concrete,Vinyl Siding,Wood Frame
New Construction Yes
Others
Restrictions None Known
Tax ID 94281957