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4706 43 Avenue
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Forestburg · Business · under $925,000. Alerts only send when there are new or meaningfully updated matching homes.
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looking for that turn key business opportunity?well here it is! recycling bottle and electronic depot, in business for 20 years, plus a successful cafe & ice cream shop operating for 5&6 years, both businesses have a steady customer base, highway location and are located in a well cared for tin clad building, air-conditioned cafe & ice cream shop are in the front of the building and the recycle depot in the back, the main floor is 4225 sqft with an 845 sqft upper floor that with some renos could be a revenue generating rental suite or living accommodations, the recycle depot has a mezzanine,12x14 overhead door & covered drive through for loading & unloading, the depot comes with all equipment including a Toyota forklift, as well as a 2019 f-150 truck with canopy, cafe & ice cream shop boast a fully operational kitchen & dining area and comes with all equipment and furniture, front patio for customers to enjoy, 40' seacan for extra storage, back lane for shipping/receiving as well as plenty of parking space throughout to serve both businesses, pride of ownership shows throughout, building and equipment are very clean and well maintained, all building and planning have been done according to code, all you need to do is step inside and you'll be the proud owner of your own business (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
-0.94%
Cap rate
4.68%
GRM
13.9
Break-even rent
$5,240
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.
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.
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.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.