Pending

LAKELAND

9122 131 Avenue , Grande Prairie, AB

$414,900

Residential · MLS® A2295597
3Bedrooms
4Bathrooms
1,216Sq Ft
1Garage
2022Year Built
02 / Overview

PROPERTY OVERVIEW

Thoughtfully designed and built in 2022 by Monarch Homes, this beautiful duplex in Lakeland is perfect for first-time home buyers or as an investment property. Featuring 3 bedrooms and 3.5 bathrooms, this home offers a bright open-concept layout filled with lots of natural light. The welcoming entry leads to a convenient powder room, while the spacious island kitchen boasts stainless steel appliances, an abundance of stylish two-tone cabinetry, and direct access to the backyard from the dining area—ideal for everyday...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeDuplex
Total Finished Area1,216 sq ft
Lot Size3,917 sq ft
ZoningRS
HeatingForced Air
CoolingNone
ParkingSingle Garage Attached
ExteriorOther
BasementFull
Year Built2022
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$360After mortgage & expenses
Cap Rate5.5%Based on market rents
Cash on Cash Return5.2%With 20% down payment
Est. Monthly Rent$2,278Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

LAKELAND

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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A

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Listed by Sukhu Babrah · Grassroots Realty Group Ltd.