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Second Ave, 137 137
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Strathmore · Business · under $1,525,000. Alerts only send when there are new or meaningfully updated matching homes.
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One of the finest buildings in downtown Strathmore. Former ATB Financial Services Branch Office located on busy Second Ave and Second Street intersection with high visibility. Currently operated as a fitness centre looking for new owners. Includes building and all fitness paid for fitness equipment. There are also two physio rooms leased out one to a massage therapist and the other to an esthetician generating $1800.00 month in revenue. The fitness business is showing good returns in revenue and the client list is growing along with the population growth that Strathmore is experiencing. The building is divided into two fitness rooms with fitness equipment and a yoga studio with a floating hardwood floor and floor to ceiling mirrors. There are male and female washrooms complete with shower stalls and secure lockers and a laundry area with front load washer and dryer. The building has been meticulously maintained over the years. It doesn't get much better than this. A turnkey business opportunity for the fitness inspired. Needs nothing. Purchase and enjoy the rewards. (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 Jul 9, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.