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95 days on Market

9225 93 Ave #101-105, 201-205, 301-305, Grande Prairie, Alberta T8V 4G1

Townhouse
-
-
- sqft
$3,625,000
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Townhouse
-
-
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$15,568/mo

Tax Amount (2023)$38,576/yr

Days On Market95 days


Description

Presenting an extraordinary investment prospect in the real estate realm – a multi-family property featuring 20 units under a single title, designed to captivate investors seeking both lucrative returns and contemporary comforts. Each unit, comprising 3 bedrooms and 2 bathrooms, showcases a spacious layout complemented with individual balconies for serene outdoor moments. The open-concept living areas foster inviting interiors, while 15 furnished units ensure convenience for long-term tenants with renewed leases. Adding a dynamic dimension, 3 units are dedicated to Airbnb rentals, tapping into the thriving short-term market. The remaining units are occupied by meticulously chosen tenants, ensuring a stable rental portfolio. Conveniently situated near shopping centers, a new recreational facility, and key city arteries, this property offers the utmost convenience for residents and commuters alike. With a strategic blend of rental types, this property offers a balanced income approach that minimizes risk and maximizes cash flow. Quality long-term tenants and operational Airbnb units guarantee stability, while the prime location bolsters demand and property value. Seize the opportunity to explore this harmonious blend of upscale living and sound investment – schedule a private tour today.


Property Details

StyleOther
View-
Age of property2013
SqFt-
Lot Size-
Parking Spaces-
MLS ®NumberA2166853
Community NameSmith
Data SourcePILLAR 9
Listing byGrassroots Realty Group Ltd.

Property listed by Grassroots Realty Group Ltd., Brokerage
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Population and Demographics

Overview

Total population 745
Average household income $109,167

Age (%)

0 to 19
27%
20 to 34
26%
35 to 49
21%
50 to 64
14%
65 and plus
13%

Household composition (%)

Single family
55%
Single person
36%
Multi person
8%
Multi family
1%

Mother tongue (%)

English
88%
Tagalog (Pilipino, Filipino)
4%
Others
4%
French
2%

House tenancy (%)

Owners
51%
Renters
49%

Schools and amenities

Estimated Budget