




This 4-bedroom, 2-bathroom single family in Grande Prairie offers 1,180 sqft of living area on a 567 sqft lot. Built in 1954, 1 storey. The property has lot dimensions of 566.70. The home features laminate and vinyl plank flooring, natural gas, central heating heating, a finished, full, suite basement.
Investor alert! A new two-year lease is in place with long-term tenants paying $2,200/month, making this a strong, cash-flowing asset from day one. This home is ideally located Downtown and presents an excellent opportunity to start or expand your investment portfolio.The upper suite is well maintained and features 2 bedrooms, 1 bathroom, and a spacious kitchen with ample counter space and a dining area. The lower suite offers 3 bedrooms, 1 bathroom, a functional kitchen, and a comfortable living space—providing solid rental appeal.Outside, the property includes a single-car garage and a fully fenced yard, adding to tenant convenience and overall value.For those thinking long term, there is also the opportunity to purchase this property together with the neighboring home, opening the door for future multi-family development potential. (id:60351)
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Listed by Greg Shillington, Grassroots Realty Group Ltd.
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Listing represented by Greg Shillington, Grassroots Realty Group Ltd. · MLS# A2299232
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.