4 days on Market

8014 Patterson Drive, Grande Prairie, Alberta T8V 3R8

Detached
3 + 1
2
~1022.00 sqft
$339,900
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Detached
3 + 1
2
~1022.00 sqft

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Highlights

Property Estimate

Days on market4 days

Estimated valueNot available

Price/Sqft$332/sqft

Monthly cost

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Description

Investor & First-Time Buyer Opportunity on updateda 4 bed 2 bath home with a legal secondary basement suite and detached garage offers exceptional value and income potential. The upper level has just been refreshed with new paint throughout (including ceilings), updated door hardware, some lights replaced, modern bathroom vanity, and low-maintenance laminate and vinyl plank flooring has been done in the past. It features 3 bedrooms, 1 full bathroom, and a bright, functional layout—perfect for an owner-occupant or quality tenant. The legal basement suite has its own private rear entrance, dedicated furnace, a spacious living area, cozy bedroom, and oversized ensuite bath. Shared laundry is conveniently located in the basement for both suites. The current basement tenant pays $1,100/month including utilities and would like to stay, though the lease ends September 30, giving the new owner flexibility. Additional updates include newer shingles (approx. 7 years old) on both the house and 26' x 16' detached garage. This home sits on a bus route with a stop across the street, and is within walking distance to the Patterson shopping plaza, Safeway, and other amenities—making it ideal for tenants and owners alike. Whether you're house-hacking or looking to expand your rental portfolio, this property is move-in ready with great upside!( Basement Suite photos are from when it was vacant.)


Property Details

StyleBungalow
View-
Age of property1973
SqFt~1022.00 SqFt
Lot Size-
Parking Spaces4
MLS ®NumberA2244309
Community NamePatterson Place
Data SourcePILLAR 9
Listing bySutton Group Grande Prairie Professionals

Features

Heating: Forced Air,Natural Gas
Basement: Separate/Exterior Entry,Finished,Full,Suite,Walk-Up To Grade

Suite Floor

3pc Bathroom

11`9" x 11`7"

Bedroom

9`3" x 10`10"


Parking

Garage spaces 3

Garage type -

Other parking spaces 1

Total parking spaces 4


Property History

Jul 29, 2025
ListedActive
$339,900
4 days on market
history photo preview48
Listing by pillar 9®
Property listed by Sutton Group Grande Prairie Professionals, Brokerage
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Market Data - Patterson Place

Geo Zone Map ThumbnailPatterson Place

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

38 days

Compared to

2024

20 days

2023

53 days

2022

0 day

New Listings

Past 30 days

5 listings

Compared to

2024

3 listings

2023

8 listings

2022

6 listings

Units sold

Past 30 days

5 units

Compared to

2024

4 units

2023

9 units

2022

0 unit

Median Sold Price

Past 30 days

$308,500

Compared to

2024

$237,500

2023

$269,000


Population and Demographics

Overview

Total population 1398
Average household income $115,337

Age (%)

0 to 19
25%
20 to 34
25%
35 to 49
22%
50 to 64
18%
65 and plus
10%

Household composition (%)

Single family
62%
Single person
30%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
90%
Others
3%
French
3%
Tagalog (Pilipino, Filipino)
2%
Arabic
1%

House tenancy (%)

Owners
58%
Renters
42%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget