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Reduced $175,001 (15%) from $1,175,000
1020 Laut Avenue
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Beds
—
Baths
—
Sqft
5,084
Year
1982
Type
Industrial
On market
25d
1020 Laut Ave, Crossfield – Industrial/Commercial Opportunity in Crossfield Industrial Park. Offering approximately 6,248 SQ FT of usable space with excellent access just off Highway 1A. The main floor features a showroom area, two half bathrooms, and approximately 3,926 SQ FT of functional warehouse/industrial space suitable for a variety of operations. The upper level adds approximately 1,164 SQ FT and includes four private offices plus a full 4-piece bathroom, creating an efficient office-to-warehouse layout. Features include one 12' x 16' manual overhead door and one 16' x 14' powered overhead door for flexible loading and access. Updated heating includes two newer 200,000 BTU suspended forced-air heaters. Outside, the fully serviced fenced yard provides additional flexibility for equipment, storage, and operations, plus two metal storage sheds for added utility. Strategically positioned with convenient access to Highway 1A and major transportation routes. (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).
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
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. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider 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 4, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Crossfield. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.