10204 106 Avenue, Grande Prairie

10204 106 Avenue, Grande Prairie, AB T8V1K1 Photo 1

14 Photos

10204 106 Avenue, Grande Prairie, AB T8V1K1 Photo 2
10204 106 Avenue, Grande Prairie, AB T8V1K1 Photo 3
10204 106 Avenue, Grande Prairie, AB T8V1K1 Photo 4
10204 106 Avenue, Grande Prairie, AB T8V1K1 Photo 5
10204 106 Avenue, Grande Prairie, AB T8V1K1 Photo 6
10204 106 Avenue, Grande Prairie, AB T8V1K1 Photo 7
  • Living area: 9648 square feet
  • MLS®: a2038184
  • Type: Townhouse
  • Added: 380 days ago

Property Details

Attention Investors! This is a rare opportunity to acquire a well-maintained twelve-unit multi-family apartment building situated in the heart of Grande Prairie. The building enjoys a central location and boasts long-term tenants, making it a sound investment. The property offers convenient amenities such as coin-operated washer and dryer units and a new boiler system, providing additional value for tenants. The building is also conveniently located near schools and Muskoseepi Park. With a range of rental rates from $850 for a 1-bed unit to $1,250 for a 2-bed unit, the property generates a total gross income of $13,400 per month. The owner has self-managed the property, ensuring it is well-cared for and individual units have been updated as necessary. This property rarely has vacancies, making it a secure long-term investment opportunity. Call your Commercial Realtor© for more information or to book a showing today. (id:1945)

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Property Information

  • Tax Lot: 31
  • Heating: Natural gas
  • Stories: 3
  • Tax Year: 2022
  • Tax Block: 22
  • Year Built: 1969
  • Living Area: 9648
  • Photos Count: 14
  • Lot Size Units: acres
  • Parcel Number: 0013577813
  • Parking Total: 15
  • Structure Type: Apartment
  • Common Interest: Freehold
  • Subdivision Name: Avondale
  • Tax Annual Amount: 10916
  • Lot Size Dimensions: 0.32
  • Zoning Description: RM
  • Architectural Style: Multi-level
  • Above Grade Finished Area: 9648
  • Above Grade Finished Area Units: square feet

Features

  • Other: Inclusions: 12 stoves, 12 fridges, washer dryer, Parking Features : Paved, Parking Total : 15
  • Heating: Boiler, Natural Gas
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Nearby Places

Name Type Address Distance
Grande Prairie Regional College Over 2,000 students in credit programs, and over 6... 0.0 km
Harry Balfour School School Grande Prairie 0.4 km
DAIRY QUEEN BRAZIER Store 10004 105 Ave 0.4 km
KFC Restaurant 10813 100th street 0.5 km
Tim Hortons Store 10206 100 St 0.6 km
Giant Tiger Clothing store 11030 100 St 0.6 km
Bear Creek Dental Doctor 10015 102 Ave #201 0.6 km
Golden Star Restaurant Food 10112 101 Ave 0.6 km
Tito's Bistro & Cafe Restaurant 10006 101 Ave 0.7 km
The Acropolis Restaurant 10011 101 Ave 0.7 km
Grande Prairie Museum Museum 10329 101 Ave 0.7 km
Tim Hortons Store 10432 100 Ave 0.7 km
10204 106 Avenue mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 10204 106 Avenue. The current price of the property is $1,550,000, 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 $1,240,000. This would result in a monthly mortgage payment of $7,248 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree 25
College 75
University degree at bachelor level or above 25

Neighbourhood Marital Status Stat

Married 215
Widowed 15
Divorced 15
Separated 10
Never married 75
Living common law 45
Married or living common law 265
Not married and not living common law 120

Neighbourhood Construction Date

1961 to 1980 50
1981 to 1990 40
1991 to 2000 10
2001 to 2005 20
1960 or before 50
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