Active
CRYSTAL RIDGE
12401 94a Street , Grande Prairie, AB
$424,900
Residential · MLS® A22940384Bedrooms
2Bathrooms
1,088Sq Ft
2Garage
1981Year Built
02 / Overview
PROPERTY OVERVIEW
Excellent city-approved, legal suited property available for immediate possession! This versatile home is ideal for investors or homeowners looking to offset their mortgage with rental income. Live in the upper suite and rent the basement.
The upper-level suite features three bedrooms and a functional layout that includes a bright kitchen, dining area, and living room. A front balcony provides the perfect spot for your BBQ, while access from the bedroom leads to the backyard overlooking the scenic Crystal Lake walking trails.
The...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,088 sq ft
Lot Size5,711 sq ft
ZoningLDR
HeatingForced Air
CoolingNone
ParkingParking Pad
ExteriorOther
BasementFull
Year Built1981
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$1,192After mortgage & expenses
Cap Rate7.8%Based on market rents
Cash on Cash Return16.8%With 20% down payment
Est. Monthly Rent$3,200Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
CRYSTAL RIDGE
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Investment ScoreN/A
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Active ListingsN/A
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Listed by DJ Golden · RE/MAX Grande Prairie