5 Beds
2 Baths
1,540 SqFt
5 Beds
2 Baths
1,540 SqFt
Key Details
Property Type Multi-Family
Sub Type Full Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,540 sqft
Price per Sqft $314
Subdivision Westpointe
Style 4 Level Split,Attached-Up/Down
Bedrooms 5
Full Baths 2
Year Built 2010
Annual Tax Amount $4,800
Tax Year 2025
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type Full Duplex
Source Grande Prairie
MLS® Listing ID A2316971
Property Description
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.
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 location, this is an opportunity worth exploring. Long-term rental history and financial information are available to qualified buyers upon request.
Location
Province AB
County Grande Prairie
Zoning RS
Direction S
Rooms
Basement Full
Interior
Interior Features High Ceilings, Open Floorplan, Pantry, See Remarks
Heating Forced Air, Natural Gas
Cooling None
Flooring Ceramic Tile, Laminate
Appliance Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
Laundry In Unit
Exterior
Parking Features Off Street
Fence Partial
Community Features Park, Playground, Schools Nearby, Shopping Nearby
Roof Type Asphalt Shingle
Porch Awning(s), Front Porch
Lot Frontage 33.99
Exposure S
Total Parking Spaces 2
Building
Lot Description Back Lane, Back Yard, City Lot
Foundation Poured Concrete
Architectural Style 4 Level Split, Attached-Up/Down
Level or Stories 4 Level Split
Structure Type Vinyl Siding
Others
Restrictions None Known
Tax ID 102216289
Ownership Private
Nearby Locations
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