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107 1st AVENUE W
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Rosetown · Retail · under $225,000. Alerts only send when there are new or meaningfully updated matching homes.
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Presenting an exceptional opportunity to acquire a fully renovated, income-producing commercial building with standout architectural appeal. Reimagined from top to bottom in 2018–2019, this two-story property blends modern upgrades with timeless character. The renovation included comprehensive updates to mechanical, plumbing, and electrical systems, along with new bathrooms, windows, interior doors, flooring, and roofing. A crisp white exterior finish completes the transformation, giving the building a clean, contemporary presence. Inside, the space showcases a striking aesthetic of exposed brick, bright white walls, and black industrial accents. The property has maintained full occupancy since reopening, with one unit becoming available in spring 2026 and the remaining tenants secured under multi-year leases. The main floor features two street-facing commercial units that share a common restroom. The upper level—accessed via a courtyard entrance—offers a spacious, light-filled yoga studio occupying the entire floor. The basement provides ample storage and houses the building’s utilities. For additional details or to arrange a private tour, please contact your real estate agent. (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 6, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.