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Carlyle · Other · under $2,000,000. Alerts only send when there are new or meaningfully updated matching homes.
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400 8th Street West, Carlyle, Sk. Constructed in 2012, this commercial property spans 16,380 SQFT with an additional 1,080 SQFT mezzanine, all set on 4.28 acres. The building features durable steel frame construction, housing multiple bays equipped with six 14' x 18' overhead doors along with numerous steel access doors. The shop area offers 22' side walls with engineered steel and metal cladding, while the office and retail section is wood frame with 12' ceilings and includes a variety of spacious offices, a large staff room, multiple washrooms, Spacious, well-lit retail and equipment showroom featuring an open floor plan, high ceilings, perfect for organized shelving, and ample workspace, ideal for retail sales, tool/equipment display, or light industrial operations. Flooring throughout includes floating concrete slabs, finished concrete in the shop, epoxy-coated concrete in the retail area, and a combination of linoleum and carpet in the office and staff spaces. Heating is provided by in-floor radiant heat powered by a natural gas boiler, supplemented by suspended forced-air natural gas heaters in the shop, plus two forced-air furnaces and central air conditioning serving the office and retail areas. The facility includes two 36' x 90' bays and three 24' x 90' bays, each with its own washroom. One bay operates as a public truck wash, while another, adjacent to the office/retail space features a dedicated 24' x 45' mechanical/parts area, a supervisor’s space, and a finished mezzanine with a staff change room, lunch area, and additional office/storage. Several bays are currently leased, generating consistent rental income. The seller is also willing to sell the existing Carlyle Rental Centre business and its equipment, making this a true turnkey opportunity. The current owners are transitioning into retirement, offering a rare opportunity to acquire a highly versatile property. Ideal for entrepreneurs or investors, the possibilities here are truly limitless. (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
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Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
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Suite legality / potential
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Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
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Insurance estimate
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Commute
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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
-6.33%
Cap rate
3.60%
GRM
16.7
Break-even rent
$11,305
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.
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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.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 3, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
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