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1001 2 Avenue
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Bassano · Industrial · under $1,100,000. Alerts only send when there are new or meaningfully updated matching homes.
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Unlock the potential of this versatile 6,000 sq. ft. commercial building located in the growing community of Bassano. Situated on over an acre of fenced and gravelled yard space, this property offers an outstanding opportunity for a wide range of business ventures. The current owner has already begun renovations for an indoor growing operation, creating the potential for a buyer to continue with that vision, or transform the property for another use such as a data center, industrial operation, storage facility, service business, or commercial workspace. Inside the building you will find several office spaces, a lunch room, and a full washroom, providing a functional layout for staff and daily operations. The large yard offers excellent access, parking, equipment storage, and room for expansion. If additional land is required, there are also two adjoining lots available for purchase beside the property MLS A2308578 & MLS A2308590. This excellent location provides convenient access to Highway 1, making transportation and logistics simple while positioning your business in a strategic commercial corridor. Opportunities like this are hard to find in today’s market. Whether you are looking to expand your business, invest, or develop a specialized operation, this property offers exceptional potential in Bassano. (id:65958)
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).
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 May 7, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.