Condo
$150,000
3104, 7201 Poplar Drive
South Patterson Place, Grande Prairie44 days on market
listed by Royal LePage - The Realty Group
MLS® A2328053
3114, 7201 Poplar Drive
$167,500
3114, 7201 Poplar Drive
South Patterson Place, Grande Prairie · MLS® A2331520
211
906 sq ft · Condo · Single Family · built 1981 · 95 days on market
listed by Anjenette Timblique, Royal LePage - The Realty Group
realtor's description
Welcome to this condo located in a convenient and desirable area of Grande Prairie. This unit offers a functional layout with comfortable living space. The home features a bright living area, a practical kitchen with ample cabinetry, and well-sized bedrooms designed for everyday comfort. Enjoy the ease of condo living with low-maintenance lifestyle, ideal for those on the go. Situated close to schools, parks, and public transit, this location provides quick access to everything you need. Whether you’re looking for an affordable home or a solid investment opportunity, this property checks all the boxes and is currently rented for $1600 a month. Don’t miss your chance to own in this sought-after complex — book your showing today!
property details
- type
- Condo, Single Family
- bedrooms
- 2
- bathrooms
- 1
- living area
- 906 sq ft
- parking
- 1
- year built
- 1981
- property tax
- $1,287 / yr
- strata fee
- $472 / mo ($0.52 / sq ft)
- strata rules
- Pets Allowed
- days on market
- 95
- MLS®
- A2331520
features
- No Smoking Home
- Pets Allowed
- Dishwasher
- Stove
- Washer & Dryer
monthly cost
$1,309/mo
Mortgage $730 · Tax $107 · Strata $472
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
if you rented it out
- rent
- $1,420/mo
- after all costs
- −$38/mo
- cap rate
- 5.0%
- yearly net rent ÷ price
Costs: mortgage $730 · tax $107 · strata $472 · 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
location
South Patterson Place, Grande PrairieGoogle Maps ↗
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