12015 Royal Oaks Drive, Grande Prairie

12015 Royal Oaks Drive, Grande Prairie, AB T8V2K8 Photo 1

30 Photos

12015 Royal Oaks Drive, Grande Prairie, AB T8V2K8 Photo 2
12015 Royal Oaks Drive, Grande Prairie, AB T8V2K8 Photo 3
12015 Royal Oaks Drive, Grande Prairie, AB T8V2K8 Photo 4
12015 Royal Oaks Drive, Grande Prairie, AB T8V2K8 Photo 5
12015 Royal Oaks Drive, Grande Prairie, AB T8V2K8 Photo 6
12015 Royal Oaks Drive, Grande Prairie, AB T8V2K8 Photo 7
  • Living area: 2404 square feet
  • MLS®: a2089530
  • Added: 175 days ago

Property Details

Incredible revenue opportunity to own 3, separate titled condo units in the ‘Royal Oaks Manor’ complex.Excellent location within the City of Grande Prairie, close to new Regional Hospital, Northwestern Polytechnic, ample shopping, restaurants, walking trails, and transit bus routes. Easy access as well to north end of City, industrial parks & towns of Clairmont & Sexsmith.Each unit is 2 bedrooms and 1 bathroom and comes with a energized parking stall. Neutral interior color scheme, open kitchen, dining area & living room layouts, laundry room inside each condo and own balcony. Building has security doors, fob entry system, and elevator. All units are currently tenant occupied with rents at $1,345 per month. Condo fees average $ 376.89 and include heat & water, Professional Management, snow removal, common area maintenance, grounds keeping, and more. Tenant is responsible for power. Property taxes average $ 1,638.34 for current year. Grande Prairie is a city with diverse industries – oil & gas, forestry, business & government, agriculture, healthcare, services, retail, commercial, tourism and TV & film production. Being a regional hub, the City has a primary trade area of 180,000+ and an expanded area of 301,000. With over 10 billion in planned & proposed projects currently in the works, Grande Prairie is an active, vibrant & exceptional place for growth, investment, & opportunity as well as great place to raise a family & call "home".Carpe diem and scoop up this profitable package before it’s too late!Contact a REALTOR® for more info or to book a viewing! (id:1945)

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Property Information

  • Sewer: Municipal sewage system
  • Tax Lot: -
  • Cooling: None
  • Heating: Other, Hot Water
  • Tax Year: 2023
  • Electric: 100 Amp Service
  • Utilities: Water, Sewer, Electricity
  • Year Built: 2008
  • Living Area: 2404
  • Lot Features: See remarks, Parking
  • Photos Count: 30
  • Water Source: Municipal water
  • Business Type: Residential
  • Parcel Number: T698256696
  • Structure Type: Multi-Family
  • Association Fee: 1130.67
  • Common Interest: Condo/Strata
  • Subdivision Name: Royal Oaks
  • Tax Annual Amount: 4915
  • Exterior Features: Vinyl siding
  • Building Area Total: 2404
  • Foundation Details: Poured Concrete
  • Zoning Description: RM
  • Construction Materials: Wood frame
  • Above Grade Finished Area: 2404
  • Association Fee Includes: Common Area Maintenance, Property Management, Waste Removal, Ground Maintenance, Heat, Water, Other, See Remarks, Parking, Reserve Fund Contributions
  • Above Grade Finished Area Units: square feet

Features

  • Roof: Asphalt Shingle, Fiberglass
  • Other: AssociationFeedIncludes: Common Area Maintenance, Heat, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Snow Removal, Trash, Water, Accessibility Features: Accessible Doors, Accessible Elevator Installed, Accessible Hallway(s), Construction Materials: Vinyl Siding, Wood Frame, Inclusions: 3 of each: refrigerators, stove, dishwasher, washer, dryer, Parking Energized : 3
  • Heating: Boiler, Hot Water, Zoned
  • Extra Features: Parking, Visitor Parking, Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Interior Features: Open Floorplan
  • Sewer/Water Systems: Sewer: Public Sewer, Water: Public
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Nearby Places

Name Type Address Distance
Tony Roma's Restaurant 10745 117 Ave 0.4 km
Padrino's Italian Ristorante Restaurant Best Western Grande Prairie Hotel & Suites 0.5 km
Best Western Grande Prairie Hotel & Suites Lodging 10745 117 Ave 0.5 km
Joey's Restaurant 10420 116 Ave 0.7 km
Peace Wapiti Academy School 11410 104 St 0.9 km
Grande Prairie Composite High School School 11202 104 St 1.0 km
Holiday Inn Express Grande Prairie Lodging 10226 117 Ave 1.0 km
MR MIKES Steakhouse & Bar Restaurant 10214 116 Ave 1.2 km
Pomeroy Inn & Suites Lodging 11710 102 St 1.2 km
Service Plus Inns & Suites Lodging 10810 107A Ave 1.3 km
Harry Balfour School School Grande Prairie 1.4 km
Grande Prairie Regional College School 10726 106 Ave 1.4 km
12015 Royal Oaks Drive mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 12015 Royal Oaks Drive. The current price of the property is $435,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $348,000. This would result in a monthly mortgage payment of $2,034 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 20
Bachelor's degree 85
University / Above bachelor level 10
University / Below bachelor level 20
Certificate of Qualification 10
College 45
University degree at bachelor level or above 125

Neighbourhood Marital Status Stat

Married 340
Widowed 25
Divorced 20
Separated 20
Never married 175
Living common law 5
Married or living common law 345
Not married and not living common law 235

Neighbourhood Construction Date

1961 to 1980 130
1981 to 1990 70
2001 to 2005 10
Nearby Cities Listings Avg. price
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