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0 4th STREET
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Business Opportunity Alert or a Spacious Residential Property Near Reid Lake! Looking for a unique investment opportunity or a place to call home? This multi-use property offers endless possibilities! Listed well below replacement cost. Whether you’re seeking to run a successful business or enjoy the comfort of a large family retreat, this property is a must-see. Highlights, Features & Amenities: Constructed in 2017, this property comes equipped with all the tools and equipment needed for a successful business or comfortable family living. Retail space includes a front entry retail area with a fridge, freezer, counter & supplies. Current inventory(excluding guns, ammo, knives & axes) is included in the purchase. Ice machine, all furniture and equipment, retail fridges, and freezers included. Tavern & Dining: A fully equipped tavern with seating for 27, a kitchen, spacious bathrooms, & an additional patio for outdoor dining. New owners would have to reapply for the tavern permit and patio endorsement. Utility & Efficiency: Features 2 hot water on-demand tanks, HE furnaces, 2 AC units(one for top floor and 2nd for main floor) & central vac. The building is on town water, natural gas and septic tank. 2nd Level: Featuring a spacious 4,600 sq/ft living area/lodge with contemporary finishes, a large commercial kitchen, dining and living areas with a flatscreen TV, 6 bedrooms(each with a bar fridge, flatscreen TV and closet), and 2 full bathrooms. Included Furnishings: all guest accommodation furniture and furnishings are included in the price. Ample outdoor space includes a 100x120 lot with RV electrical hookups, space for boats, watercraft, and camping equipment. Income/expense spreadsheet available upon request. Don’t miss this incredible opportunity! Whether for business or personal use, this property offers unmatched potential, what ever your needs. Call or text today for more info or to schedule your private showing. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen/Dining room | — | |
| 2pc Bathroom | — |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | — | |
| Bedroom | — | |
| Bedroom | — | |
| Bedroom | — | |
| Bedroom | — | |
| Bedroom | — | |
| 4pc Bathroom | — | |
| 4pc Bathroom | — |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
17.95%
Cap rate
8.45%
GRM
8.8
Break-even rent
$2,201
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 20, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.