Estimated Cash Flow
$890.00/ month
Asking Price
$369,900.00
Potential Rent
$3,000.00/ month
  • Property Details
  • Calculator
  • Inquire

XT219193 Grande Prairie
9250-94 Ave, grande prairie, ab

Must See - Legal upper and lower suites!! Income potential! Backing onto a park, in a family friendly neighborhood this property is perfect for investment or a family home.The paved drive leads to an immaculate double heated garage. The top suite features a unique design with hidden playroom, new washer and dryer, laundry chute, and an open concept kitchen with new fridge, dishwasher and stunning concrete counter tops. The Master bedroom features a full en-suite with tile accents. A second bedroom and full bath on the upstairs level . The lower suite of this home has been fully renovated with luxurious bathroom finishing's a spacious kitchen with new fridge and stove. A unique and welcoming gas fireplace adds true ambiance to the sitting area, also includes new stacked laundry units. Bedrooms inspired from the orient leave you with tons of storage space in the closets. Each room has a select sleeping quarter for the best usage of space. Includes new furnaces and hot water on demand.

Mortgage Financing

Purchase Price
$369,900.00
Interest Rate
3.19 %
Down Payment
$73,980.00
Amortization
25 years
Total Mortgage
$295,920.00
Mortgage Payments
$1,433.00

Monthly Variables

Rent Price
Rent (Mainfloor)Rent (Basement)
$1,450/month$1,550/month
Property Management Cost
10 %
Calculated Vacancy Rate
5 %
Monthly Maintenance Allowance
$100.00
Annual Property Tax
$325.69
Monthly Insurance Cost
$100.00
Net Monthly Cashflow
$890.00
Appreciation
1 %

Additional Purchase Costs

Legal Fees
$2,000.00
Inspection
$500.00
Appraisal
$400.00
Total Purchase Costs
$2,900.00

Rent

Mortgage Financing

$
%
$
years
$
$

Monthly Expenses

%
%
$
$
$
$
$
$
%

Additional Purchase Costs

$
Year 1 5 10 30
Cash Flow 0 0 0
Projected Appreciation 0 0 0
Mortgage Paydown 0 0 0
Condo Fees ($) 0 0 0
Net Gain: 0 0 0
Return on Investment: 0 0 0

By entering your information and requesting an account on this site you are giving express permission to receive emails from Investor On Fire, Alberta On Fire, AREO and any of it's affiliates regarding company info, company announcements, changes to the website, product offerings, Economic updates, and newsletters. You are able to opt out of these emails by using the unsubscribe button at the bottom of each email.
Disclosure: Some links, referrals and agreements may be affiliate links, meaning at no additional cost to you, Investor LIfe Inc. may make a commission.
I/We agree that: InvestorOnFire operating from Professional Realty Group may receive a Referral Fee or Benefit for making this referral as a result of any future Purchase or Sale of a property, lease of a property, approved mortgage, completed by the Referred to brokerage.

I agree to terms and conditions listed above.