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209 5th AVENUE N
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Naicam · Other · under $125,000. Alerts only send when there are new or meaningfully updated matching homes.
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Welcome to 209 5th Ave N, an immaculately maintained commercial property ideally located in the heart of Naicam. This versatile property offers an excellent opportunity for a variety of uses, whether you’re seeking additional storage space for personal items or looking to establish your own business in a convenient, accessible location. Built in 1987, the 576-square foot shop sits on a fully serviced 0.4 acre lot with direct access to Highway 6, providing excellent visibility and ease of entry. The building has seen several recent upgrades, including new tin siding installed in 2025 with 1.5-inch Styrofoam insulation, a newer 9 foot insulated overhead door, and a 50,000 BTU overhead natural gas heater installed in 2025. The property also features a 200-amp electrical service, updated in 2019, along with an exhaust fan to support a range of shop activities. For buyers interested in a turnkey setup, the sellers are willing to include all existing welding equipment for an additional cost. This well kept property presents a fantastic opportunity with flexible potential schedule a viewing today to see how it can meet your needs. (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 Mar 4, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.