All, 1 3 Avenue SE
Grande Prairie · T0H1M0
$450,000
About this residence
Investment opportunity with this 5-unit rental building located in the community of Falher. The property offers a well-balanced mix of unit sizes, making it attractive to a wide range of tenants. The building includes a 3-bedroom, 1-bathroom unit (Unit 1) that has seen several recent upgrades, including all new windows, new countertops, a new sink, and a new stove. Unit 2 is a 1-bedroom, 1-bathroom unit, while Units 3 and 4 each offer 2 bedrooms and 1 bathroom. Unit 5 is a 1-bedroom, 1-bathroom bachelor-style suite. Each unit is equipped with its own private laundry, a highly desirable feature that adds convenience for tenants and enhances rental appeal. With functional layouts, thoughtful updates, and solid rental income, this property presents a strong opportunity for investors seeking stable income. Conveniently located close to local amenities and services, this Falher rental building offers long-term value and excellent income potential. Book your showing today! (id:61366)
Property details
- Property type
- Multi-family
- Style
- Apartment
- Ownership
- Freehold
- Storeys
- 1
- Living area
- 2,400 sq ft
- Lot size
- 7780.00
- Parking
- 4 spaces
- Year built
- 1988
- Annual tax
- $5,910
- MLS®
- A2273664
- Board
- Grande Prairie
- Status
- Active
- Listed
- Dec 15, 2025
- Updated
- Jun 15, 2026
Features & finishes
Appliances
- Refrigerator
- Stove
- Washer & Dryer
Financing
Estimated monthly payment
$2,105/mo
Loan amount
$360,000
Down payment
$90,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Grande Prairie
Nearby
About the area
Census · T0H- 81,424
- Population
- 35
- Median age
- $89,000
- Median income
- $280,000
- Median home value
- 79%
- Home ownership
- 23 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for All, 1 3 Avenue SE?
All, 1 3 Avenue SE is listed for $450,000, in Grande Prairie.
What type of home is All, 1 3 Avenue SE?
All, 1 3 Avenue SE is a Multi-family, Apartment set over 1 storey, built in 1988.
How large is All, 1 3 Avenue SE?
The home offers approximately 2,400 sq ft of living space on a lot measuring 7780.00.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $2,105. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $5,910 per year.
Is there parking?
Yes — All, 1 3 Avenue SE includes 4 parking spaces.
What is the Grande Prairie area like?
Grande Prairie has a population of about 81,424, a median age of 35, a 79% home-ownership rate, with an average commute of about 23 minutes.
What is the average home value in Grande Prairie?
The median dwelling value in this area is approximately $280,000, based on census data via Neighbourly.
What is the median household income in Grande Prairie?
The median household income in this area is approximately $89,000.
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Private viewings
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