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Grande Prairie,AB T8X 0A9
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,466 sqft
Price per Sqft $279
Subdivision Lakeland
MLS Listing ID A2213859
Style 4 Level Split
Bedrooms 3
Full Baths 2
Year Built 2006
Annual Tax Amount $4,306
Tax Year 2024
Lot Size 5,152 Sqft
Property Sub-Type Detached
Property Description
Legal Up/Down Duplex – Ideal Investment or Mortgage Helper!
An excellent opportunity for investors or homeowners looking to offset their mortgage—this fully tenanted legal up/down duplex offers flexibility and solid rental income. Whether you choose to live in one suite and rent the other, or simply add it to your portfolio, this property makes financial sense.
Currently generating $3,250/month (including utilities), the upstairs unit rents for $1,700/month (lease in place until Jan 31, 2026), while the recently renovated lower suite earns $1,550/month (lease until April 30, 2025). **New lease just signed at $1600/mo. for May 1/25 to April 30/26 (including utilities).
The lower suite impresses with modern finishes throughout, including stylish vinyl plank flooring, a beautifully updated kitchen with tiled backsplash, a spacious bedroom with walk-in closet, and a 4-piece bathroom featuring a tiled tub/shower combo. Thanks to its walk-out design, it doesn't feel like a basement—offering large windows, ample natural light, tonnes of storage space and direct access to a large back deck.
The upper suite offers an open-concept layout with vaulted ceilings and main-floor laundry. It includes a generously sized 20' x 11' primary bedroom with a walk-through closet and private access to the main bathroom, along with a second bedroom for added flexibility.
Additional highlights include front parking, a fully fenced backyard, a storage shed, and a great location—just blocks from schools, parks, and a convenient mini-mall with food, shops, and essentials. Public transit is only a block away, making this property appealing to a wide range of tenants.
Whether you're looking for passive income or a smart place to call home, this property checks all the boxes. Don't miss out—schedule your private tour today!
Location
Province AB
County Grande Prairie
Zoning RS
Interior
Heating Forced Air,Natural Gas
Cooling None
Flooring Carpet,Laminate,Linoleum,Vinyl Plank
Inclusions 2-Fridges, 2-Stoves, 2-Dishwashers, 2-Microwave/Rangehoods, 2-Washer/Dryers, Window Coverings, Floating Shelves, Fire Pit, Shed.
Laundry Multiple Locations,See Remarks
Exterior
Parking Features Parking Pad
Garage Description Parking Pad
Fence Fenced
Community Features Park,Playground,Schools Nearby,Shopping Nearby
Roof Type Asphalt Shingle
Building
Lot Description Interior Lot,Landscaped
Foundation Poured Concrete
Structure Type Vinyl Siding