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Vacant Land
On market
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Welcome to 208 3rd Street NE, a premium open industrial lot spanning 3,132 square feet of highly usable land. This property offers an impressive 106-foot frontage and 129-foot depth, providing excellent accessibility and street presence. The entire perimeter is fully fenced and features a coded gate access system, giving you peace of mind knowing your equipment and assets are safe and secure. Adding even more immediate value, the property includes a 40-foot weatherproof Sea-Can, ready to handle your storage needs from day one. The true highlight of this property is its exceptionally flexible industrial zoning. Whether you are looking to establish automotive sales or service, an office, a retail space, a car wash, or a financial institution, this location fits the bill. It is also ideally zoned for animal services, farmers' markets, a gas station, a storage yard/mini-storage, heavy vehicle and equipment sales/service, and even alcohol production. Opportunities to secure fully fenced, versatile industrial land at this price point are rare. Don’t miss out on the chance to build, expand, or secure your business operations here. (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 12, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.