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2201 23 Avenue
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Wainwright · Industrial · under $1,075,000. Alerts only send when there are new or meaningfully updated matching homes.
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Welcome to an exceptional commercial opportunity! Situated on a sprawling 1.36-acre lot, this remarkable commercial shop offers a vast space for your business endeavors. Boasting dimensions of 50 ft x 104 ft, this shop provides abundant room to bring your vision to life. The shop features one finished bathroom and the added convenience of a hook-up for a second bathroom. The presence of a fire guard truss in the ceiling allows for easy division, transforming this shop into two separate work areas or units, each with its own service panel. This unique feature presents the opportunity for additional income generation. Stay comfortable in your work environment with the efficient radiant tube heaters providing a reliable heat source throughout the shop. No need to worry about power requirements as the shop is equipped with two 100-amp electrical panels. The u-drain floors offer practicality and easy maintenance, facilitating efficient drainage throughout the shop. Access to the shop is effortless with two 16 ft x 16 ft overhead doors positioned on each end. Both the interior and exterior of the shop are illuminated by energy-efficient LED lighting, ensuring well-lit workspaces throughout the day and night. Positioned in a prime location , this commercial shop offers unlimited potential for various businesses. Take advantage of this fantastic opportunity to establish your thriving enterprise in a sought-after location. Inquire now to make this impressive property yours and unlock the possibilities it holds for your business aspirations. (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 Aug 20, 2025.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Wainwright. The listing facts above are live.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.