Residentiae.
For Sale · Grande Prairie

All, 302 1 Street SE

Grande Prairie · T0H1M0

$700,000

Bedrooms
Bathrooms
5Parking
6,900Sq Ft
2Storeys

About this residence

Investment opportunity with this 7-unit apartment building located in the community of Falher. The property offers a desirable mix of unit sizes, making it attractive to a broad range of tenants. The building includes five 3-bedroom, 1-bathroom units (Units 1, 2, 3, 4, and 7), each featuring its own dedicated laundry room, and two 1-bedroom, 1-bathroom units (Units 5 and 6) with coin laundry. Additional building features include keyless entry for enhanced security and convenience, as well as separate storage rooms and coin laundry machines for tenant use. Several upgrades have already been completed, including replacement of all bottom-unit windows, adding value and peace of mind for future ownership. This apartment building provides strong rental income and is conveniently located near local amenities and services, making it an excellent opportunity for investors seeking stable returns and long-term growth. Book your showing today! (id:61366)

Property details

Property type
Multi-family
Style
Apartment
Ownership
Freehold
Storeys
2
Living area
6,900 sq ft
Lot size
0.56
Parking
5 spaces
Year built
1964
Annual tax
$10,527
MLS®
A2273672
Board
Grande Prairie
Status
Active
Listed
Dec 15, 2025
Updated
Dec 19, 2025

Features & finishes

Appliances

  • Refrigerator
  • Stove
  • Washer & Dryer

Financing

Mortgage calculator

Estimated monthly payment

$3,274/mo

Amortization

Loan amount

$560,000

Down payment

$140,000

Estimate only. Rates and terms vary by lender and qualification.

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Location & area

Grande Prairie

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

0–14
26%
15–24
12%
25–44
24%
45–64
24%
65+
14%

Tenure

79% owners21% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently asked questions

What is the asking price for All, 302 1 Street SE?

All, 302 1 Street SE is listed for $700,000, in Grande Prairie.

What type of home is All, 302 1 Street SE?

All, 302 1 Street SE is a Multi-family, Apartment set over 2 storeys, built in 1964.

How large is All, 302 1 Street SE?

The home offers approximately 6,900 sq ft of living space on a lot measuring 0.56.

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 $3,274. Use the mortgage calculator above to model your own scenario.

What are the annual property taxes?

Property taxes are approximately $10,527 per year.

Is there parking?

Yes — All, 302 1 Street SE includes 5 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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