8420 99 Avenue, Peace River

  • Living area: 1324 square feet
  • Added: 3 months ago
  • Updated: 3 months ago
  • Last Checked: 23 hours ago
  • Listed by: Royal LePage Valley Realty

Listing description
This Other at 8420 99 Avenue Peace River, AB with the MLS Number a2256213 listed by Dale Espetveidt - Royal LePage Valley Realty on the Peace River market 3 months ago at $9,990,000.

Turnkey Investment Opportunity – 39 Townhouse-Style Condos in Peace River, Alberta! Serious investors, take note: this is your chance to acquire a fully tenanted, cash-flowing multi-family asset in one of Alberta’s most promising regions. All 39 of these modern townhouses have been very well maintained and professionally managed with updating having been completed on a consistent basis. Each unit is a two story design which features 3 bedrooms, 2 bathrooms, 5 appliances and a spacious layout. Fully occupied with zero vacancies over the past 4 years giving very stable rental income. The reason this investment stands out is it gives you immediate cash flow from day one with strong rental demand in Peace River and long-term tenant stability, Potential to form a condo association and sell units individually in the future which has an excellent upside in a rising market. This property offers flexibility in holding as a high-performing rental portfolio or unlock significant equity by converting to individual condo sales. With Alberta’s market gaining momentum, this is a rare opportunity to capitalize on both short-term returns and long-term growth. Call us for details! Serious inquiries only. (id:1945)
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Property Details Key information about 8420 99 Avenue
  • Heating:
    • Forced air
    • Natural gas
  • Year Built: 1989
  • Structure Type: Multi-Family
  • Building Area Total: 1324
Interior Features Discover the interior design and amenities
  • Living Area: 1324
  • Above Grade Finished Area: 1324
  • Above Grade Finished Area Units: square feet
Location & Community Understand the neighborhood and community
  • Subdivision Name: Rolling Hills
Tax & Legal Information Get tax and legal details applicable to 8420 99 Avenue
  • Tax Lot: .
  • Tax Year: 2025
  • Tax Block: 1
  • Parcel Number: 0015102684
  • Tax Annual Amount: 96851
  • Zoning Description: Residential High Density
Additional Features Explore extra features and benefits
  • List A O R: Grande Prairie
  • List A O R Key: 38

Nearby Listings Stat Estimated price and comparable properties near 8420 99 Avenue

Active listings
67
Min Price
$25,000
Max Price
$9,990,000
Avg Price
$529,084
Days on Market
206 days
Sold listings
13
Min Sold Price
$65,000
Max Sold Price
$985,000
Avg Sold Price
$386,685
Days until Sold
149 days

Nearby Places Nearby schools and amenities around 8420 99 Avenue

Peace River School Division No 10 (1.9 km)
9530 90 Ave, Peace River

Alz Donair (0.3 km)
9921 101 Ave, Peace River

McDonald's (0.9 km)
7812 100 Ave, Peace River

DAIRY QUEEN BRAZIER (1 km)
7718 100th Ave, Peace River

River Rock Steakhouse Ltd (1.5 km)
9606 94 St, Peace River

Peace Garden Restaurant (2 km)
10016 100 St, Peace River

Nova Inn Peace River (0.6 km)
8010 100 Ave, Peace River

Western Budget Motel (1 km)
7701 100 Ave, Peace River

Third Mission Heritage Suites (1.8 km)
10002 98 St, Peace River

Sawridge Inn & Conference Centre (2 km)
9510 100th St, Peace River

Supercenter Iga Po (0.7 km)
7900 99 Ave, Peace River

Freson Bros. (0.7 km)
7900 99 Ave, Peace River

No Frills (1.2 km)
7613 100 Ave, Peace River

Co-op, Peace River Food Store (1.7 km)
9714 96 Ave, Peace River

Tim Hortons (0.7 km)
7820 100 Ave, Peace River

Kal Tire (0.7 km)
8005 102 Ave, Peace River

Peace River Ford (1.3 km)
7518 100 Ave, Peace River

Misery Mountain Ski Centre (1.5 km)
10408 89 St, Peace River

Ufa (1.5 km)
9801 74 St, Peace River

Best Canadian Motor Inns (1.8 km)
9810 98 St, Peace River

Price History

September 12, 2025
by Royal LePage Valley Realty
$9,990,000
8420 99 Avenue
More Details?
Dale Espetveidt
  • Dale Espetveidt
  • Royal LePage Valley Realty
  • 780-618-8776
  • Website

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Comparison of 8420 99 Avenue, Peace River, AB with Nearby Other
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