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1A 10020 Jasper Avenue
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Edmonton · Retail · under $175,000. Alerts only send when there are new or meaningfully updated matching homes.
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Prime retail condominium in the heart of downtown Edmonton with direct interior access to Central LRT Station. This high-exposure location benefits from steady daily pedestrian traffic generated by commuters, surrounding office towers, nearby residential high-rises, and core-area event activity. Situated on the lower concourse level with integrated LRT connectivity, the unit offers built-in customer flow in one of Edmonton’s most transit-oriented commercial nodes. The space was previously operated as a pizza restaurant; however, no furniture or equipment is included in the sale of the condominium unit. The premises may be delivered vacant, providing flexibility for a new owner to: Design a fresh food-service concept, Convert to retail or service-based use (subject to condo bylaws), Acquire select existing equipment directly from the current business owner under a separate agreement, Reconfigure as a “white box” opportunity for a new brand. Existing layout and infrastructure make it suitable for quick-service restaurant concepts, café use, takeout/delivery models, specialty food, or alternative retail positioning.Key Highlights: Direct LRT and pedway connectivity, Downtown core exposure, Condo ownership (no landlord renewal risk), Flexible repositioning potential, Ideal for owner-operators or investors seeking transit-oriented commercial real estate. This is an opportunity to secure a centrally located commercial condo in Edmonton’s urban core and implement your own vision within an established pedestrian corridor. Own the footprint. Design the concept. Control the real estate. (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 Jun 24, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.