101-215, 10118 100 Avenue, Peace River

2025-10-13
 

Quick Summary

Location
101-215, 10118 100 Avenue, Peace River, Alberta T8S1R3
Price
$1,999,900 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
31185 sqft
Garages:
37
Year of Construction:
1984

MLS®#A2264118

Property Description

Now available is a mixed use building with 26 titled units , 4 commercial spaces and 29 underground titled parking stalls all owned and controlled by one entity. There are 16 - 1 bed units and 10 2 - bed units with 4 of the 2 bed units furnished. There are 4 commercial spaces on the main floor with 2 currently leased to professional corporations, one an engineering firm the other a medical clinic, with a total rent of $3780 per month between the two commercial tenants - the remaining spaces are 1600 and 1900 sq ft approx and the commercial rents are all inclusive rents. The building is self managed by the owner and they have been managing it for almost 20 years.. This property is located in the down town area of Peace River and is within walking distance to all the amenities needed but the secure and heated underground parking is available for tenants as well if desired - this is one of the few buildings in this municipality with secure underground parking. There is revenue from parking, laundry, commercial rents and residential rents with a very good return. In addition there is a small lot that supplies overflow parking off street for about 8-10 vehicles - great for visitors or additional vehicles. Residential and commercial income in as of May 2025 was ~$29,000 +/- with no residential units vacant and 3500 sq ft of commercial space divided between 2 parcels vacant - this allows for potential income stream to increase substantially!! (id:32467)

Property Features

Building

  • Construction Style: Attached
  • Cooling Type: None
  • Exterior Finish: Concrete
  • Fireplace: No
  • Flooring Type: Carpeted, Laminate, Linoleum
  • Interior Size: 31185 sqft
  • Building Type: Apartment
  • Stories: 3

Land

  • Land Size: Unknown

Ownership

  • Type: Freehold

Zoning

  • Description: Mixed Commercial/Residentail

Information entered by Century 21 Town and Country Realty
Listing information last updated on: 2026-06-20 14:50:47


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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

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What is the deal exactly, with One Percent Realty?

At One Percent Realty, we offer full real estate service while helping sellers reduce the amount they pay in commission fees. In terms of service, marketing, and exposure, we are comparable to traditional real estate brokerages. Your property is listed on MLS®, REALTOR.ca, and other major real estate websites. We provide professional marketing, signage (where permitted), showings, open houses, negotiation services, contract management, and guidance from listing to possession day. The difference is simple: you receive full professional service without paying unnecessarily high commissions.

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What do you charge?

For residential properties priced at $500,000 and under, we charge a flat fee of $5,000 plus GST. For residential properties over $500,000, we charge 1% of the sale price plus GST. The seller decides what they wish to offer the buyer’s agent, starting with an equal commission of 1%. For commercial properties, farms, or development opportunities, please contact us directly for a customized consultation.

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Yes. Your property receives full MLS® exposure and appears on REALTOR.ca just like listings from traditional brokerages.


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