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Investment signal

$1,474,000

2104 2nd Street S

Save this home

Beds

Baths

Sqft

Year

1975

Type

Other

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Cranbrook. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Exceptional investment opportunity, discover this fully leased mini mall offering excellent visibility just off Victoria Avenue. Centrally located near schools, golf courses, bus stops, and more, this property benefits from consistent foot traffic and a diverse mix of tenants, making it a strong addition to any commercial real estate portfolio. The building features ample parking for both staff and customers, as well as a fenced rear access area leading to the back doors of the units—adding convenience and functionality. With stable rental income and prime location, this is a smart, turnkey investment for any savvy investor. (id:65958)

Subtype
Other
Structure
Residential Commercial Mix
Community
Cranbrook South
On market
Aug 12, 2025
Status changed
Apr 24, 2026
Annual tax
$26,668.2
Photos
14
MLS#
10358857
Area
CRANBROOK

Features and systems

Parking

Additional Parking
Negative cash flow ~$1,567/mo at these assumptions

Cash on cash

-6.38%

Cap rate

3.59%

GRM

16.7

Break-even rent

$9,024

Financing

Down payment$294,800
Loan amount$1,179,200
Mortgage$5,975/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$676
Insurance$80
Maintenance$1,228
CapEx reserve$614
Vacancy loss$369

Estimates 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.

Mortgage estimate

Estimated $5,975/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.

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