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6417 112 Avenue
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Beds
—
Baths
—
Sqft
2,562
Year
1948
Type
Retail
On market
0d
RARE OWNER-USER OR INVESTMENT OPPORTUNITY – HIGHLANDS PROFESSIONAL BUILDINGAn exceptional opportunity to acquire the highly sought-after Highlands Professional Building. This freestanding, air-conditioned end-cap commercial building has been extensively upgraded and meticulously maintained, offering exceptional visibility, abundant natural light, and a turnkey opportunity for a wide variety of professional, medical, and retail users. Whether for an owner-occupier or investor, this versatile property is ideally suited for businesses seeking a prestigious location in one of Edmonton’s most desirable commercial districts. Ideal for accounting firms, law offices, medical practitioners, consulting businesses, wellness professionals, and other service-oriented enterprises, the property features seven private offices, a spacious boardroom/meeting room, reception area, kitchen facilities, and a self-contained one-bedroom suite that provides additional income potential, staff accommodation, or flexible business use. Strategically positioned within the prestigious Highlands Commercial District, this prominent end-cap location benefits from excellent exposure, convenient onsite parking, and abundant street parking for clients, customers, and staff. Become part of one of Edmontons most vibrant and walkable commercial communities, surrounded by an outstanding mix of established businesses and local destinations including Candid Coffee Roasters, Bodega, Fox Burger, Kind Ice Cream, Knox Health Spa, and Highlands Yoga Room. Whether you are seeking a flagship location for your business, a mixed-use investment opportunity, or a long-term hold in one of Edmontons most desirable commercial corridors, this property offers flexibility, functionality, and exceptional future potential. (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).
Cash on cash
-6.64%
Cap rate
3.54%
GRM
16.6
Break-even rent
$4,930
Financing
Operating expenses (monthly)
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Approximation 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.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
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. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider 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 Jun 11, 2026.
Exact location of this listing.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Edmonton. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.