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13344 97 St NW
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Visit the Listing Brokerage (and/or listing REALTOR®) website to obtain additional information. The Kentwood Ford property — a 4.86-acre, twoparcel automotive holding in the heart of north Edmonton’s established dealership corridor. Offered at $18,500,000, the property represents a rare opportunity to secure a turn-key, scaled, high-exposure automotive facility on 97 Street NW, one of the city’s primary north-south arterials, together with a separately-titled parcel of mixed-use redevelopment land. The 3.24-acre main site (13344 97 Street NW) is zoned CG and improved with a 40,620 SF full-service Ford dealership featuring a built-out new-vehicle showroom, 21 service hoists, drive-thru service reception, a dedicated auto body component, and extensive paved display and customer parking. Extensively renovated in 2012 at a cost of approximately $4.1 million, the facility is move-in ready for an incoming automotive operator — a genuine plug-and-play opportunity. The vendor, a leading Canadian dealership group, is relocating only because it has outgrown the premises. The 1.62-acre south parcel (10010 132 Avenue NW) is zoned Mixed Use (MU h16 f3.5 cf) and offers built-in redevelopment optionality — a clean, separately-titled infill site suited to a six-storey multi-family or mixed-use building in one of Edmonton’s fastest-growing submarketshe property is offered as a single transaction at $18,500,000 — comprising the main dealership site at $375 per square foot and the excess MU land at $2,000,000 per acre — pricing that is well supported by recent market transactions. While the vendor’s preference is a single sale of the entire holding, offers on the south MU parcel alone will also be considered. (id:65958)
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Comparable sales
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Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
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Suite legality / potential
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Monthly carrying cost
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Property taxes
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Insurance estimate
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Commute
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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
-6.10%
Cap rate
3.64%
GRM
16.7
Break-even rent
$112,288
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.
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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.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jul 8, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
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