$1,999,000

935689 AIRPORT ROAD

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About this home

Prime corner commercial property at Hwy 89 and Airport Road, with excellent exposure. Approx 3600 sq ft on 1.68 acres, suitable for multiple uses including retail, restaurant or professional services. Features main-level commercial space plus a well-furnished residential unit with 2 bedrooms, 2.5 baths, open concept layout, and quality finishes. Multiple walkouts, ample parking, and additional drive-in/shop storage area. Strong mixed-use investment property. (id:65958)

Subtype: Retail
MLS#: X13005810
Area: MONO

Negative cash flow ~$3,806/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-11.42%

Cap rate

3.60%

GRM

16.7

Break-even rent

$14,006

Financing

Down payment$399,800

Loan amount$1,599,200

Mortgage$9,811/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$916

Insurance$80

Maintenance$1,666

CapEx reserve$833

Vacancy loss$500

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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 $9,811/mo at 5.49% with 20% down, 25-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 16, 2026.

About this home

Investor view — deal analyzer

Mortgage estimate