Cobblestone, Grande Prairie · MLS® A2342171
221
905 sq ft · Condo · Single Family · built 2008 · 46 days on market
listed by Jackie Pfau, Better Homes and Gardens Real Estate Approved Properties
Well maintained 2 bedroom, 2 bathroom corner unit in Aurora Estates. This second-floor condo offers an open concept layout with the living room, dining area, and kitchen flowing together, complete with a functional kitchen island. The bedrooms are located on opposite sides of the unit for added privacy, with the primary bedroom featuring a full ensuite and direct access to the covered extended balcony. The balcony can also be accessed from the living room and faces north away from the parking lot. This secure building offers elevator access, an onsite manager, and a fitness room for residents. The unit includes in-suite laundry and one underground parking stall. Condo fees of $593.99 include heat, water, and exterior maintenance. Currently tenant occupied at $1,650 per month with a fixed term lease in place until Feb 28, 2027, making this a great turn-key investment opportunity with great tenants or can offer vacant possession March 4.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,033 · tax $204 · strata $594 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Grande Prairie: CMHC's average there ($1,427) lowered by what new tenants pay against everyone in the province (Alberta centres of 10,000+). (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca
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$201,400
2026 assessment · market value as of July 1, 2025
From City of Grande Prairie open data (property assessment), matched to #225 9120 96 Avenue. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $2,450 a year
The 2026 assessment times Grande Prairie's 2026 residential rate of 12.17 per $1,000 (municipal and education).
The listing shows $2,450 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.
Walkability 58/100 · Somewhat walkable: some errands on foot
Within a 10 minute walk: 2 places to eat or drink, 2 cafes, 11 parks and playgrounds, 1 pharmacy.
mihom score from OpenStreetMap places, by straight line distance.