10515 103 Avenue

Fairview · MLS® A2171977

6,600 sq ft · 7 sq ft lot · House · Multi-family · built 1973 · 745 days on market

listed by Tim Blake, RE/MAX Grande Prairie

realtor's description

Great investment opportunity Fairview Estates Mobile Home Community is for sale and this is your opportunity to take over a profitable business with plenty of further upside. There are 51 fully serviced lots on 6.56 acres. Comes with 7 mobile homes that are always in demand as home rentals (often waitlisted) in this very tight rental market. Many of the park owned homes have been renovated. Each lot has 100 amp electrical service connection , natural gas and town water and sewer. ALL services are separately metered so tenants cover all utilities! The lots are large and can accommodate 76' units and double wide's. The park is very well looked after running very smoothly. Large parts of the property are along town maintained paved roads keeping overhead low. Property is conveniently located across from the high school and close to the Northern lakes College Campus, Hospital, Aquatic Centre and the downtown core.

property details

type: House, Multi-family
living area: 6,600 sq ft
lot: 7 sq ft
parking: 0
year built: 1973
property tax: $23,859 / yr
days on market: 745
MLS®: A2171977

property tax

about $20,710 a year

The asking price times Fairview's 2026 residential rate of 12.94 per $1,000 (municipal and education).

The listing shows $23,859 a year in property tax.

Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure. Without the city's assessment this uses the asking price, so it's a rough guide.

monthly cost

$8,959/mo

Mortgage $6,971 · Tax $1,988

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$6,971/ monthly

loan $1,280,000

25-year amortization

down payment20% · $320,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $811,314
land title fees: $2,980; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $322,980; down + land title fees
total paid: $2,091,314

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.