5225 50th St 6,400 SF 100% Leased Retail Building Tofield, AB T0B 4J0 $599,000 CAD ($93.59 CAD/SF) 10.68% Cap Rate

Fully Leased Mixed-Use Property - This well-maintained mixed-use building offers approximately 6,400 sq ft with 5 commercial units on the main floor and 5 residential suites on the upper level—all fully leased. Each unit features separate utility metering for added efficiency. Recent building improvements include: roof (2013), boiler (2017), hot water tank (2020), Wilo pump (Dec 2022), pressure relief valve and pressure tank (Dec 2023), zone valve (Jan 2024), and laundry dryer (Feb 2025). Located just 40 minutes from southeast Edmonton, this property presents strong income stability and long-term potential. Adjacent lot with Linc number : 0012 359 360 is included in the asking price.
Please respect tenants privacy. 24 hour notice is required for showing. Measurements are taken from appraisal report, Buyer or Buyer's agent to verify. Additional information can be provided after signed confidentiality agreement.Cap rate is approximate; verify with financial statements.