$389,000
1220, 4715 88 Avenue NE
Beds
—
Baths
—
Sqft
600
Year
2021
Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
2nd FLOOR OFFICE SPACE available for sale near Saddlepeace Gurdwara, Calgary NE. Potential to generate $2,200 in gross monthly rental income. Features four dedicated offices and kitchen with an extensive lease improvements worth upto $150k. The unit is located in a fully leased plaza with a heavy footfall. Measurement comes to 600 sq ft and the property is listed with 10% gross up. Inquire today for more information and to schedule a viewing! (id:65958)
- Subtype
- Office
- Structure
- Offices
- Community
- Saddle Ridge
- Living area
- 600 square feet
- Lot size
- 119 square meters
- Lot dimensions
- 119.00
- On market
- Apr 18, 2026
- Status changed
- Apr 18, 2026
- Annual tax
- $4,714 (2025)
- Zoning
- C-N2
- Photos
- 21
- MLS#
- A2303110
- Area
- CALGARY_NE
Cash on cash
-5.76%
Cap rate
4.74%
GRM
13.5
Break-even rent
$2,793
Financing
Operating expenses (monthly)
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.
Lifestyle nearby this address
Schools, halal food/grocery, mosques, parks, transit, and daily errands. Toggle categories to compare what actually matters from this address.
Halal grocery
Savanna Grocery & Halal Meat
9052 46 St NE, Calgary, AB T3J 4E4, Canada
4.4 rating · 93 reviews
0.3 km
~0 min
YYC Halal Meats Fish & Grocery
3770 Westwinds Dr NE #322, Calgary, AB T3J 5H3, Canada
4.8 rating · 321 reviews
2.9 km
~5 min
4656 Westwinds Dr NE #510, Calgary, AB T3J 3Z5, Canada
4.6 rating · 237 reviews
3.5 km
~6 min
Halal restaurant
1.6 km
~3 min
Calgary Hot Plate Restaurant & Sweets
4661 54 Ave NE unit 118, Calgary, AB T3J 5R1, Canada
4.9 rating · 580 reviews
3.3 km
~5 min
Pita Melt Restaurant - Shawarma & Grill
7196 Temple Dr NE #22, Calgary, AB T1Y 4E8, Canada
4.8 rating · 465 reviews
4.6 km
~7 min
Mosque
0.2 km
~0 min
Mahd’s restaurant masjid
Cityline Heath NE, Calgary, AB T3N 2H6, Canada
5.0 rating · 1 reviews
1.5 km
~2 min
Jacksonport Square
10960 42 St NE, Calgary, AB T3N 1Y9, Canada
4.0 rating · 50 reviews
2.2 km
~4 min
Park
Canoe Park
122 Douglas Park Close SE, Calgary, AB T2Z 2B2, Canada
4.0 rating · 3 reviews
21.5 km
~34 min
Douglasdale Ball Park
135 Douglas Park Blvd SE, Calgary, AB T2Z 2M5, Canada
4.3 rating · 3 reviews
21.8 km
~35 min
Douglasdale Point Park
Calgary, AB T2Z 3B3, Canada
4.8 rating · 6 reviews
22.2 km
~36 min
Elementary
Chris Akkerman School | Calgary Board of Education
5004 Marbank Dr NE, Calgary, AB T2A 3J6, Canada
7.6 km
~12 min
4589 Marbank Dr NE, Calgary, AB T2A 3V8, Canada
7.7 km
~12 min
7423 10 St NW, Calgary, AB T2K 1H5, Canada
8.2 km
~13 min
Transit
Saddletowne Station
Saddle Ridge, Calgary, AB T3J 4K7, Canada
4.2 rating · 85 reviews
1.4 km
~2 min
Rundle LRT Station (NB 36 ST NE @ 24 AV NE)
Calgary, AB T1Y 4M7, Canada
3.8 rating · 59 reviews
6.5 km
~10 min
Marlborough LRT Station (EB Marlborough DR)
Calgary, AB T2A 5M2, Canada
3.6 rating · 21 reviews
8.2 km
~13 min
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 18, 2026.