We use cookies for basic analytics + follow-up. Privacy
We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.
10030 101 Avenue
Swipe through similar matches — tap the heart to save, or open one for the full read.
This exceptional brick and mortar building offers nearly 6,000 square feet of versatile space in a high visibility location right in the center of the community. Formerly a bank, this property features a large secure vault, making it ideal for a wide range of uses from document or firearm storage to a potential cannabis dispensary or other secure retail operation. The building is currently divided into two distinct sections, with the flexibility to easily expand to three separate units or configure multiple smaller spaces for a variety of business types. The larger side, which includes the vault, features six private offices surrounding a spacious central area. It is perfectly suited for professional offices, a salon, massage therapy, cannabis or hunting sales, or a mix of multi use spaces. The layout allows for easy division into two sections, each with three offices and a reception or waiting area. The second side offers excellent potential for retail or storage based operations such as a liquor store, hardware outlet, indoor storage lockers, or even a dollar store, providing much needed options in the community of Hythe. Built to last, this property offers solid construction, newer furnaces, and long term adaptability to suit nearly any business model. Whether you are an investor looking for income producing potential or an entrepreneur seeking a flexible commercial base, this property presents endless opportunities. Check out the virtual renderings to give you some ideas of the amazing potential of this space. (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).
Cash on cash
21.60%
Cap rate
9.18%
GRM
8.2
Break-even rent
$1,510
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
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 7, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.