Active

WESTPOINTE

11553 75 Avenue , Grande Prairie, AB

$499,900

Residential · MLS® A2307207
5Bedrooms
4Bathrooms
1,503Sq Ft
3Garage
2012Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this legally suited 2-storey home built in 2012—an ideal opportunity for investors or first-time buyers looking to offset their mortgage. The upper suite features a spacious layout with 3 bedrooms and 2.5 bathrooms, perfect for families. Currently tenant-occupied until January 2027, this unit generates $2,000/month plus utilities, providing immediate and reliable income. The lower suite will have tenants as of May 15/26 until August 31/26 (then month to month) generating $1650/month and offers 2 bedrooms and 1 full...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeDuplex
Total Finished Area1,503 sq ft
Lot Size3,573 sq ft
ZoningLDR
HeatingForced Air
CoolingNone
ParkingOff Street • Parking Pad
ExteriorNone
BasementFull
Year Built2012
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$866After mortgage & expenses
Cap Rate6.5%Based on market rents
Cash on Cash Return10.4%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

WESTPOINTE

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Listed by Carston Siebert · Grassroots Realty Group Ltd.