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53 97 Avenue
homes for sale · Grande Cache
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$149,900

53 97 Avenue

Grande Cache · MLS® A2326442

323

1,063 sq ft · Townhouse · Single Family · built 1977 · 110 days on market

listed by Nikk Demers, Sutton Group Grande Prairie Professionals

realtor's description

Discover affordable mountain living in the heart of Grande Cache! This welcoming 2 story condo offers 3 bedrooms and 1.5 bathrooms, making it an excellent option for first-time home buyers or investors looking to expand their portfolio in one of Alberta’s most scenic mountain communities. With an abundance of windows throughout the property, you will be flooded with that beautiful natural light in every room. Vinyl plank flooring and ceramic tile throughout the home make clean up a breeze, so go ahead and get dirty out there! The main level offers an open concept kitchen/dining area, perfect for nourishing meals as a family or with friends, and a large living space with even more of that sunlight pouring in. On the upper level you will find two great sized kids or guest bedrooms, as well as a huge primary with a walk-in closet, adorned with sliding barnwood doors. Downstairs is unfinished and awaiting your personal touch! With a walk-out entry leading right into your backyard, this could be an additional rental unit or simply easy access to your fully fenced backyard for those late night fires under the stars. You will find thoughtful updates throughout the home that have added character and warmth everywhere you look. Being offered fully furnished, this turnkey property is ready for immediate possession. Surrounded by breathtaking mountain views and endless year-round recreation, Grande Cache is a haven for the outdoor enthusiasts. If you are wanting to call Grande Cache home, or looking for a home-away-from-home or investment option, give this condo a good look – all you need to do is unpack your personal belongings and enjoy the great outdoors!

property details

type
Townhouse, Single Family
bedrooms
3
bathrooms
2
living area
1,063 sq ft
parking
3
year built
1977
property tax
$1,106 / yr
strata fee
$379 / mo ($0.36 / sq ft)
strata rules
Pets Allowed
days on market
110
MLS®
A2326442

features

  • Back lane
  • PVC window
  • No neighbours behind
  • No Animal Home
  • No Smoking Home
  • Pets Allowed

monthly cost

$1,125/mo
Mortgage $653 · Tax $92 · Strata $379

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

estimated payment
$653/ monthly
loan $119,920
25-year amortization
total interest
$76,010
land title fees
$370
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$30,350
down + land title fees
total paid
$195,930

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

if you rented it out

rent
$1,910/mo
after all costs
$458/mo
cap rate
8.9%
yearly net rent ÷ price

Costs: mortgage $653 · tax $92 · strata $379 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Alberta: CMHC's average there ($1,848) 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

location

Grande CacheGoogle Maps ↗

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listed by
Nikk Demers
Sutton Group Grande Prairie Professionals
call Nikk · 403-894-8392
Powered by: REALTOR.ca

similar homes nearby

property tax

about $838 a year

The asking price times M.D. of Greenview No. 16's 2026 residential rate of 5.59 per $1,000 (municipal and education).

The listing shows $1,106 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.

location

Grande CacheGoogle Maps ↗
Drive times
  • Grande Cache Mall4 min
  • Grande Cache Community High5 min
29

Walkability 29/100 · Mostly by car

Within a 10 minute walk: 9 parks and playgrounds, 2 schools.

mihom score from OpenStreetMap places, by straight line distance.

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264 Mawdsley Crescent, Grande Cache, photo 2
264 Mawdsley Crescent, Grande Cache, photo 3
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