We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
10204 106 Avenue, Grande Prairie
2025-05-21
Quick Summary
- Location
- 10204 106 Avenue, Grande Prairie, Alberta T8V1K1
- Price
- $1,550,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 9649 sqft
- Year of Construction:
- 1969
MLS®#A2223148
Property Description
Turnkey 12-Unit Income Property in Prime Rental Location!! Excellent opportunity to own a well-maintained, income-generating 12-unit apartment complex in a highly sought-after rental market. The property consists of four spacious 2-bedroom units and eight well-laid-out 1-bedroom units, offering a diversified rental mix that appeals to a broad tenant base.Several units have been completely renovated, increasing both rental appeal and income potential. Common areas have recently been updated with new vinyl plank flooring and fresh paint, creating a clean, modern aesthetic and reducing future maintenance costs.Key property highlights: Current gross monthly income: $13,725. Boiler and hot water tank for improved efficiency. Newer vinyl siding enhances curb appeal and minimizes upkeep. Sloped roof provides optimal drainage and lower long-term maintenance. Well-managed and in excellent condition, making it ideal for passive investors. This property offers strong cash flow from day one, with upside potential through continued unit upgrades and market rent adjustments. Situated in a prime rental location, vacancy is rarely an issue, and tenant demand remains consistently high. Whether you're expanding your portfolio or seeking a stable, income-producing asset, this 12-plex presents a compelling opportunity. (id:32467)
Property Features
Building
- Fireplace: No
- Interior Size: 9649 sqft
- Building Type: Multi-Family
Land
- Land Size: 13800 sqft|10,890 - 21,799 sqft (1/4 - 1/2 ac)
Zoning
- Description: RM
Information entered by Sutton Group Grande Prairie Professionals
Listing information last updated on: 2025-05-28 17:31:24
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
Yes, and yes.
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