For Sale · Multifamily

9525 114 Avenue, Clairmont

9525 114 Avenue, Clairmont, AB T8X0W7

$639,900 total

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Asset Class

Multifamily

Size

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Building class

C

Zoning

RF6 — Medium Density

$ / SF

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Occupancy

90%

Year Built

2025

Lot Size

0.09352617079889808 ac

About this property

(PRE-SALE, MORE AVAILABLE $$$$$+)The New Waverley Side-by-Side Duplex by Derksen Builders offers a rare investment opportunity to own a fully independent duplex on one title, with each side featuring 3 bedrooms, two 4-piece bathrooms, a garage, and separate power and gas meters, furnaces, and hot water on demand systems. Designed as a turnkey income property, each unit will be outfitted with a set of basic stainless steel kitchen appliances, range hood fans and washer and dryer. Built with energy efficiency in mind, the construction includes IKO lifetime fiberglass shingles, high-efficiency furnaces, LED lighting, argon-filled double-pane windows, and more. Interior finishes feature vinyl plank flooring on the main level common areas and bathrooms and carpet on the way down stairs and in all bedrooms, laminate counters, soft-close cabinets, real wood dovetail-jointed drawers, and adjustable shelving. The main floor layout includes the kitchen, dining and living areas, one bedroom, and a full bathroom, while the fully finished basement offers two additional bedrooms, a second full bathroom, laundry room, and storage. Backed by a 1-2-5-10 New Home Warranty—covering 1-year builder, 2-year systems, 5-year building envelope, and 10-year structural—this build is scheduled for completion in mid-December 2025. Located in Clairmont, just 5 minutes north of Grande Prairie, this community offers low county taxes (48% less than the city), a K–8 school, walking trails, parks, and quick access to the Clairmont Industrial Park, home to hundreds of oil, gas, and industry service companies, making it an ideal location for both investors and residents alike. If you want to purchase more inquire and take the 3D tour !(Pictures are samples from previous and do not represent exact build and option specs) (id:66811)

Financial sandbox

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Estimate
Purchase price$640K
Down payment30% · $192K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$22K

Annual cash flow

$-14K

Cash-on-cash

-7.03%

DSCR

0.62

Going-in cap

3.43%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

51,432

Households

18,787

Median income

$132,000

Median age

38.4

Daytime population

74,482

5-yr growth

1.6%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 9525 114 Avenue, Clairmont.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.