101 105 201 205 301 305 9225 93 Avenue, Grande Prairie

101 105 201 205 301 305 9225 93 Avenue, Grande Prairie, AB T8V4G1 Photo 1

45 Photos

101 105 201 205 301 305 9225 93 Avenue, Grande Prairie, AB T8V4G1 Photo 2
101 105 201 205 301 305 9225 93 Avenue, Grande Prairie, AB T8V4G1 Photo 3
101 105 201 205 301 305 9225 93 Avenue, Grande Prairie, AB T8V4G1 Photo 4
101 105 201 205 301 305 9225 93 Avenue, Grande Prairie, AB T8V4G1 Photo 5
101 105 201 205 301 305 9225 93 Avenue, Grande Prairie, AB T8V4G1 Photo 6
101 105 201 205 301 305 9225 93 Avenue, Grande Prairie, AB T8V4G1 Photo 7
  • Living area: 24800 square feet
  • MLS®: a2112004
  • Type: Townhouse
  • Added: 23 days ago

Property Details

Presenting an extraordinary investment prospect in the real estate realm – a multi-family property featuring 20 units under a single title, designed to captivate investors seeking both lucrative returns and contemporary comforts. Each unit, comprising 3 bedrooms and 2 bathrooms, showcases a spacious layout complemented with individual balconies for serene outdoor moments. The open-concept living areas foster inviting interiors, while 15 furnished units ensure convenience for long-term tenants with renewed leases.Adding a dynamic dimension, 3 units are dedicated to Airbnb rentals, tapping into the thriving short-term market. The remaining units are occupied by meticulously chosen tenants, ensuring a stable rental portfolio. Conveniently situated near shopping centers, a new recreational facility, and key city arteries, this property offers the utmost convenience for residents and commuters alike.With a strategic blend of rental types, this property offers a balanced income approach that minimizes risk and maximizes cash flow. Quality long-term tenants and operational Airbnb units guarantee stability, while the prime location bolsters demand and property value. Seize the opportunity to explore this harmonious blend of upscale living and sound investment – schedule a private tour today. (id:1945)

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Property Information

  • Tax Lot: 8A
  • Tax Year: 2023
  • Tax Block: 5
  • Year Built: 2013
  • Living Area: 24800
  • Photos Count: 45
  • Parcel Number: 0035507450
  • Structure Type: Multi-Family
  • Subdivision Name: Smith
  • Tax Annual Amount: 38575.92
  • Building Area Total: 24800
  • Number Of Buildings: 4
  • Zoning Description: RM
  • Above Grade Finished Area: 24800
  • Above Grade Finished Area Units: square feet

Features

  • Other: Inclusions: 20 fridges, 20 stoves, 20 dishwashers, 20 washer and dryers, All furnishings in the fully furnished units (Seller will provide an updated list)
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Nearby Places

Name Type Address Distance
Grande Prairie Transit For most of its history, the bus service was opera... 1.4 km
Swan City Trailer Court, Alberta 1 that is recognized as a designated place by Stat... 1.4 km
Shark Club Grande Prairie Restaurant 9898 99 St 1.4 km
Wally's Kitchen Restaurant 9302 100 St 1.4 km
Healing Hands Therapy and Tea Cafe 9506 100 St 1.4 km
Denny's Restaurant 9805 100 St 1.4 km
Taj Grill & Bar Restaurant 9927 97 Ave #103 1.4 km
Buster's Pizza Donair & Pasta Restaurant 9917C 97 Ave 1.4 km
Badass Jacks subs and wraps Restaurant 9606 100 St 1.5 km
Sandman Hotel Grande Prairie Lodging 9805 100 St 1.5 km
Bar One Restaurant 9805 100 St 1.5 km
Earls Kitchen & Bar Restaurant 9825 100 St 1.5 km
101 105 201 205 301 305 9225 93 Avenue mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 101 105 201 205 301 305 9225 93 Avenue. The current price of the property is $3,725,000, 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 $2,980,000. This would result in a monthly mortgage payment of $17,419 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree 30
Certificate of Qualification 35
College 100
University degree at bachelor level or above 35

Neighbourhood Marital Status Stat

Married 190
Widowed 10
Divorced 30
Separated 30
Never married 275
Living common law 115
Married or living common law 305
Not married and not living common law 345

Neighbourhood Construction Date

1961 to 1980 65
1981 to 1990 35
1991 to 2000 45
2001 to 2005 35
2006 to 2010 45
1960 or before 10
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