1/512805 107 Street, Grande Prairie
12805 107 Street, Grande Prairie, AB T8V6Y4
$629,900 total
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Asset Class
Multifamily
Size
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Building class
C
Zoning
RA8 — Medium Rise
$ / SF
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Occupancy
93%
Year Built
2026
Lot Size
0.12594123048668504 ac
About this property
INVESTOR ALERT — LEGAL UP/DOWN DUPLEX WITH GARAGES IN ROYAL OAKS - New Phase, New plan - 'THE ATLUS CROSSTOWN' Job 305. Complete Jan 1, 2027. Legal up/down duplex offers an excellent opportunity for investors looking for strong rental income, quality construction, and a move-in-ready property. The upper unit offers 1,110 sq. ft. with 3 bedrooms and 2 full bathrooms, while the lower unit offers 1,167 sq. ft. with 2 bedrooms and 1 full bathroom. Each suite features its own kitchen, laundry, and comfortable living space, providing excellent separation and functionality for both tenants and owners. The current rental rates for similar units are $2900 up and $1900 down. Located in desirable Royal Oaks, this property showcases renowned quality and attention to detail with a fantastic investment setup. Whether you're expanding your rental portfolio or looking for a property with strong income potential, as a mortgage helper, this one is ready to perform! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$25K
Annual cash flow
$-10K
Cash-on-cash
-5.45%
DSCR
0.70
Going-in cap
3.91%
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
41,552
Households
17,517
Median income
$137,500
Median age
40
Daytime population
59,718
5-yr growth
1.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 12805 107 Street, Grande Prairie.
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.