The Opportunity

Overview

Great revenue property located in Westpointe. This legal up/down duplex has a large open layout on the main floor with lots of natural light. The kitchen features a large pantry and overlooks the living room. The main floor unit has 3 good-sized bedrooms and 2 bathrooms. The master bedroom has an ensuite and a walk-in closet. The lower unit features a private entrance for downstairs tenants, 2 large bedrooms, and a bathroom. Each unit has its own furnace & hot water tank. Each unit has a washer & dryer. There is a large parking pad with plenty of space for both up/down units. Don't miss out!!! Book your showing today!!! (id:61970)

Investment highlights

01Multi-family

Property details

Property type: Multi-family
Transaction: For sale
Site area: 371.48 square meters
Listing brokerage: RE/MAX Grande Prairie
Listing representative: Sean Gillis
Board / association: Grande Prairie

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Financial information

Asking price$499,900

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Location intelligence

7502 114 Street
Grande Prairie, Alberta T8W0K2

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Documents

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Property diligence resources

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Acquisition criteria workpaperDefine required, preferred and flexible mandate criteria →Property tour and comparison scorecardCompare this opportunity against the real requirement →Phase I environmental site assessmentHistory, records, observations and professional findings →Environmental records and contaminated sitesERV, AER records, certificates and search limitations →Commercial property due diligenceCoordinate every acquisition workstream →Commercial buyer representationAcquisition scope, agency, conflicts, information, compensation and exit →Commercial real estate appraisalPurpose, scope, evidence, reliance and report review →Assessment and property taxesAssessment dates, methods, tax allocation and review →Due diligence document requestTitle, permits, environment, leases and operations →Permit and occupancy recordsApplications, inspections, completion and use →Selling commercial propertyOwner objectives, evidence, marketing, offers and closing →Commercial pricing and positioningProperty interest, buyer audience, evidence and launch strategy →Commercial offering memorandumSource control, analysis, privacy, attribution and corrections →Public vs. confidential marketingReach, disclosure, qualification and reporting controls →Buying tenant-occupied commercial propertyLease, rent roll, tenant evidence and closing continuity →Triple net lease investmentsExpense allocation, tenant covenant, remaining term and owner exposure →Commercial lease rollover riskExpiries, renewal uncertainty, downtime and leasing capital →Commercial tenant covenant reviewLegal obligors, payment evidence, financial capacity and privacy →Lease security and letters of creditAmount, custody, expiry, draw and closing transfer →Insurance due diligenceProperty facts, loss history, limits and closing →Replacement cost and loss historyReconstruction assumptions, claims and repairs →Building condition assessmentSystems, records and physical findings →Capital expenditure planTiming, cost basis and scenarios →Inspection accessAuthority, testing and deadlines →Alberta title searchParcels, ownership and registrations →Registered interestsCaveats, easements and rights →Survey plans and boundariesPlans, access and occupation →

Source Record

Current listing facts, with attribution intact.

Source: REALTOR.ca DDF®
Listing status: active
Source ID: 29604096
Last supplied (UTC): August 27, 2026
Listing brokerage: RE/MAX Grande Prairie
Listing representative: Sean Gillis
Board / association: Grande Prairie

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Listing brokerage: RE/MAX Grande Prairie · Listing representative: Sean Gillis · Board/association: Grande Prairie · Updated (UTC): Aug 27, 2026

Listing content is supplied through REALTOR.ca DDF®. Information is deemed reliable but is not guaranteed and should be independently verified. Commercially is not the listing brokerage unless expressly stated.