10111 106 Avenue, Peace River
A Rare Opportunity with Incredible Flexibility in Peace River’s South End! Opportunities like this don’t come along very often! Offering two separate buildings on two fenced lots, this unique property combines a comfortable 3-bedroom, 1-bathroom main home with a second detached building featuring a legal, self-contained 1 bedroom and 1 den, 1-bathroom upper-level suite and a handy workshop on the main floor. Whether you’re looking for a home with income potential, a property for extended family, a place to live while generating rental income, or simply want the extra space and flexibility that a second building provides, this property opens the door to a whole range of possibilities. Located in Peace River’s desirable South End, you’ll enjoy the convenience of being within easy walking distance of the downtown core. Leave the vehicle parked and walk to work, shopping, restaurants, services and everything else downtown has to offer. The river and Peace River’s scenic walking trails are also just a few blocks away, making it easy to enjoy the outdoors and take advantage of the beautiful river valley. The main home offers three bedrooms and a full bathroom, while both the house and detached suite have benefited from renovations and updates in recent years. The result is a pair of spaces that are ready for their next owners and offer a great opportunity to settle in without taking on a major renovation project right away. The possibilities here are what really make this property stand out. Live in the main house and rent out the upper suite, providing a potential source of additional income. Or use the second building for family, guests or a home-based setup while taking advantage of the workshop below. You could even explore using one property for yourself and the other as a dedicated rental. Whatever your plans, having a second self-contained living space plus workshop space gives you options that are extremely hard to find in one property. Outside, the two fenced lot s create a private and versatile setting with plenty of room to enjoy. There’s a large garden, shed, generous parking and greenspace, providing plenty of space for gardening, hobbies, recreation, pets and outdoor entertaining. The fenced yard adds privacy while the additional land gives you room to spread out and make the property your own. Two living spaces. A workshop. Income potential. A private yard. And a location where downtown and the river trails are just a short walk away. This is a truly unique package and the kind of property you simply don’t see hit the market very often. If you’ve been looking for something that offers more flexibility and possibilities than the typical home, this could be the one. Don’t wait—book your showing today and come see everything this exceptional property has to offer! (id:1945)
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Property details for 10111 106 Avenue, Peace River
- Type
- Residential
- Style
- Bungalow
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 1,143 square feet
- Lot Size
- 8052.00
- Stories
- 1
- Basement
- Partially finished, Partial
- Parking
- Parking Pad
- Heating
- Forced air, In Floor Heating, Natural gas
- Cooling
- None
- Exterior
- Vinyl siding
- Ownership
- Freehold
- Annual Taxes
- $2,647 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 10111 106 Avenue
Active Listings
6
Min Price
$58,000
Max Price
$339,000
Avg Price
$253,483
Days on Market
39
days
Sold Listings
1
Min Sold Price
$263,000
Max Sold Price
$263,000
Avg Sold Price
$263,000
Days until Sold
146
days
Neighbourhood Census Data
Peace River, Alberta
Population
571
Median Age
36.6
Median Income
$43,648
Dwelling Value
$249,930
Housing Tenure
Owners 40%
Renters 60%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.2
Pop. Density: 883.9/km²
Avg Shelter Cost: $1,410/mo
Owners with Mortgage: 73.7%
Owners Spending 30%+: 21.1%
Tenants Spending 30%+: 26.7%
English only: 88%
English and French: 11.1%
Neither: 0.9%
Median Household Income: $81,920
Median Employment Income: $41,429
Price History
Listed
July 30, 2026
by RE/MAX Northern Realty
Current Price
$299,900
-3.3% from last change
Type
Residential
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $299,900 | $10,100 (-3.3%) |
| Sep 16, 2026 | $310,000 | Listed |
