Incredible revenue opportunity to own 3, separate titled condo units in the ‘Royal Oaks Manor’ complex. Excellent location within the City of Grande Prairie, close to new Regional Hospital, Northwestern Polytechnic, ample shopping, restaurants, walking trails, and transit bus routes. Easy access as well to north end of City, industrial parks & towns of Clairmont & Sexsmith. Each unit is 2 bedrooms and 1 bathroom and comes with a energized parking stall. Neutral interior color scheme, open kitchen, dining area & living room layouts, laundry room inside each condo and own balcony. Building has security doors, fob entry system, and elevator. All units are currently tenant occupied with rents at $1,345 & $1,495 per month. Condo fees average $ 376.89 and include heat & water, Professional Management, snow removal, common area maintenance, grounds keeping, and more. Tenant is responsible for power. Property taxes average $ 1,609 for current year. Grande Prairie is a city with diverse industries – oil & gas, forestry, business & government, agriculture, healthcare, services, retail, commercial, tourism and TV & film production. Being a regional hub, the City has a primary trade area of 180,000+ and an expanded area of 301,000. With over 10 billion in planned & proposed projects currently in the works, Grande Prairie is an active, vibrant & exceptional place for growth, investment, & opportunity as well as great place to raise a family & call "home". Carpe diem and scoop up this profitable package before it’s too late! Contact a REALTOR® for more info or to book a viewing!
Data was last updated October 16, 2024 at 12:05 PM (UTC)
Area Statistics
Listings on market:
212
Avg list price:
$414,900
Min list price:
$83,500
Max list price:
$5,900,000
Avg days on market:
32
Min days on market:
1
Max days on market:
496
Avg price per sq.ft.:
$293.39
These statistics are generated based on the current listing's property type
and located in
Grande Prairie. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.