Gateway, Grande Prairie · MLS® A2346989
11
350 sq ft · Condo · Single Family · built 2003 · 33 days on market
listed by Kenneth Anderson, Sutton Group Grande Prairie Professionals
Welcome to Emerald Gardens Retirement Residence, where you can enjoy the comfort and independence of owning your own home while having an incredible community and a wide range of services right outside your door. This furnished 350 sq ft bachelor suite is located on the 2nd floor, just steps from the elevator and many of the building’s fantastic amenities. The suite offers a bright, open-concept layout with a full kitchen featuring a fridge, stove, dishwasher and microwave, flowing into the living area with built-in wall A/C and new vinyl flooring. The bathroom is designed with accessibility and comfort in mind, featuring an oversized walk-in shower, grab bars and extra-wide doors throughout the unit plus an oversized storage room. The monthly condo fee is $348.49 and includes heat, electricity, water, sewer, garbage, common area maintenance and reserve fund contributions, making it easy to enjoy a low-maintenance lifestyle with many of your everyday expenses covered. As an owner at Emerald Gardens, you have access to an incredible community designed around independent senior living, social connection and convenience. Enjoy the dining room with the option to purchase individual meals or choose from available meal plan options, along with a TV room, games room, library, craft room, hair salon, outdoor patio and comfortable sitting areas throughout the building. There are also fitness and recreation spaces, organized activities, social events, entertainment and regular outings, giving you plenty of opportunities to stay active and connected without ever having to leave the building. Additional services are available for those who want a little extra help, including housekeeping and laundry services, personal assistance and home care through Alberta Health Services or private providers. Emerald Gardens is designed to allow residents to maintain their independence while having additional support available as their needs change. The location adds another layer of conveni ence, with shopping, restaurants, Grande Prairie Regional Hospital, medical services, grocery options and public transportation all nearby. For those looking for more than a place to call home, this unit may also offer an investment opportunity, with the potential to rent the suite to a qualified tenant ( approx. $1600 a month) looking for the Emerald Gardens lifestyle and amenities. Whether purchased as a home for yourself, a future retirement residence or as an income-producing property, this condo offers flexibility and the opportunity to own within one of Grande Prairie's established senior communities. Pets are permitted subject to building guidelines and approval, with current vaccinations required. Assigned parking is also available upon request.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $418 · tax $118 · strata $348 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a studio in Grande Prairie: CMHC's average there ($1,069) raised 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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$116,100
2026 assessment · market value as of July 1, 2025
From City of Grande Prairie open data (property assessment), matched to #228 10402 111 Street. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $1,412 a year
The 2026 assessment times Grande Prairie's 2026 residential rate of 12.17 per $1,000 (municipal and education).
The listing shows $1,412 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 74/100 · Walkable: many errands on foot
Within a 10 minute walk: 1 grocery store, 10 places to eat or drink, 6 parks and playgrounds, 2 pharmacies.
mihom score from OpenStreetMap places, by straight line distance.
nothing comparable on the market right now.