10204 106 Avenue, Grande Prairie

Living area: 9649 square feet
Type: Townhouse
Added: 3 months ago
Updated: 3 months ago
Last Checked: 23 hours ago
Listed by: Sutton Group Grande Prairie Professionals
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Listing description
This Townhouse at 10204 106 Avenue Grande Prairie, AB with the MLS Number a2223148 listed by Jason Scott - Sutton Group Grande Prairie Professionals on the Grande Prairie market 3 months ago at $1,550,000.

Turnkey 12-Unit Income Property in Prime Rental Location!! Excellent opportunity to own a well-maintained, income-generating 12-unit apartment complex in a highly sought-after rental market. The property consists of four spacious 2-bedroom units and eight well-laid-out 1-bedroom units, offering a diversified rental mix that appeals to a broad tenant base.Several units have been completely renovated, increasing both rental appeal and income potential. Common areas have recently been updated with new vinyl plank flooring and fresh paint, creating a clean, modern aesthetic and reducing future maintenance costs.Key property highlights: Current gross monthly income: $13,725. Boiler and hot water tank for improved efficiency. Newer vinyl siding enhances curb appeal and minimizes upkeep. Sloped roof provides optimal drainage and lower long-term maintenance. Well-managed and in excellent condition, making it ideal for passive investors. This property offers strong cash flow from day one, with upside potential through continued unit upgrades and market rent adjustments. Situated in a prime rental location, vacancy is rarely an issue, and tenant demand remains consistently high. Whether you're expanding your portfolio or seeking a stable, income-producing asset, this 12-plex presents a compelling opportunity. (id:1945)

Property Details Key information about 10204 106 Avenue

Structure Type: Multi-Family

Exterior & Lot Features Learn about the exterior and lot specifics of 10204 106 Avenue

Lot Size Units: square feet
Lot Size Dimensions: 13800.00

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Nearby Listings Stat Estimated price and comparable properties near 10204 106 Avenue

Active listings

342

Min Price

$1,400

Max Price

$7,650,000

Avg Price

$543,382

Days on Market

127 days

Sold listings

124

Min Sold Price

$4,235

Max Sold Price

$2,645,000

Avg Sold Price

$377,008

Days until Sold

38 days

Nearby Places Nearby schools and amenities around 10204 106 Avenue

Harry Balfour School (0.4 km)
Grande Prairie

Grande Prairie Composite High School (0.8 km)
11202 104 St, Grande Prairie

Peace Wapiti Academy (0.9 km)
11410 104 St, Grande Prairie

DAIRY QUEEN BRAZIER (0.4 km)
10004 105 Ave, Grande Prairie

Tim Hortons (0.6 km)
10206 100 St, Grande Prairie

Tim Hortons (0.7 km)
10432 100 Ave, Grande Prairie

KFC (0.5 km)
10813 100th street, Grande Prairie

Tito's Bistro & Cafe (0.7 km)
10006 101 Ave, Grande Prairie

The Acropolis (0.7 km)
10011 101 Ave, Grande Prairie

Pizza 73 (0.8 km)
10012 99 Ave, Grande Prairie

Domino's Pizza (0.9 km)
10501 100 Ave, Grand Prairie

Earls Kitchen & Bar (0.9 km)
9825 100 St, Grande Prairie

Bar One (1 km)
9805 100 St, Grande Prairie

The Keg Steakhouse & Bar (1 km)
10532 100 Ave, Grande Prarie

Giant Tiger (0.6 km)
11030 100 St, Grande Prairie

Bear Creek Dental (0.6 km)
10015 102 Ave #201, Grande Prairie

Golden Star Restaurant (0.6 km)
10112 101 Ave, Grande Prairie

Crystal Catering Ltd (0.8 km)
10017 99 Ave, Grande Prairie

Grande Prairie Museum (0.7 km)
10329 101 Ave, Grande Prairie

Art Gallery of Grande Prairie (0.8 km)
9839 103 Ave #103, Grande Prairie

Canadian Tire (0.9 km)
11311 99 St, Grande Prairie

Price History

Listed

May 21, 2025

by Sutton Group Grande Prairie Professionals

Townhouse For Sale

$1,550,000

10204 106 Avenue, Grande Prairie

Listing description This Townhouse at 10204 106 Avenue Grande Prairie, AB with the MLS Number a2223148 listed by Jason Scott - Sutton Group Grande Prairie Professionals on the Grande Prairie market 3 months ago at $1,550,000.

Nearby Listings Stat Estimated price and comparable properties near 10204 106 Avenue

Nearby Places Nearby schools and amenities around 10204 106 Avenue

Price History

Similar Townhomes For Sale

Listing description
This Townhouse at 10204 106 Avenue Grande Prairie, AB with the MLS Number a2223148 listed by Jason Scott - Sutton Group Grande Prairie Professionals on the Grande Prairie market 3 months ago at $1,550,000.