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Investment signal

$389,000

1220, 4715 88 Avenue NE

Save this home

Beds

Baths

Sqft

600

Year

2021

Type

Office

Suite

Suite potential

Location and nearby

Start with mosques, schools, halal grocery, and transit. Toggle more categories when you want the fuller neighborhood picture.

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HAL

Halal grocery

  1. Savanna Grocery & Halal Meat

    9052 46 St NE, Calgary, AB T3J 4E4, Canada

    4.4 rating · 93 reviews

    0.3 km

    est. 0 min

  2. YYC Halal Meats Fish & Grocery

    3770 Westwinds Dr NE #322, Calgary, AB T3J 5H3, Canada

    4.8 rating · 321 reviews

    2.9 km

    est. 5 min

  3. Madina Halal Meat & Grocery

    4656 Westwinds Dr NE #510, Calgary, AB T3J 3Z5, Canada

    4.6 rating · 237 reviews

    3.5 km

    est. 6 min

MSQ

Mosque

  1. Al-Hedaya Islamic Centre

    108 Savanna Ave NE, Calgary, AB T3J 4E4, Canada

    4.7 rating · 113 reviews

    0.2 km

    est. 0 min

  2. Mahd’s restaurant masjid

    Cityline Heath NE, Calgary, AB T3N 2H6, Canada

    5.0 rating · 1 reviews

    1.5 km

    est. 2 min

  3. Jacksonport Square

    10960 42 St NE, Calgary, AB T3N 1Y9, Canada

    4.0 rating · 50 reviews

    2.2 km

    est. 4 min

EL

Elementary

  1. Chris Akkerman School | Calgary Board of Education

    5004 Marbank Dr NE, Calgary, AB T2A 3J6, Canada

    7.6 km

    est. 12 min

  2. St. Mark Elementary School

    4589 Marbank Dr NE, Calgary, AB T2A 3V8, Canada

    7.7 km

    est. 12 min

  3. St Henry Elementary School

    7423 10 St NW, Calgary, AB T2K 1H5, Canada

    8.2 km

    est. 13 min

TRN

Transit

  1. Saddletowne Station

    Saddle Ridge, Calgary, AB T3J 4K7, Canada

    4.2 rating · 85 reviews

    1.4 km

    est. 2 min

  2. Rundle LRT Station (NB 36 ST NE @ 24 AV NE)

    Calgary, AB T1Y 4M7, Canada

    3.8 rating · 59 reviews

    6.5 km

    est. 10 min

  3. Marlborough LRT Station (EB Marlborough DR)

    Calgary, AB T2A 5M2, Canada

    3.6 rating · 21 reviews

    8.2 km

    est. 13 min

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
Negative cash flow ~$41/mo at these assumptions

Cash on cash

-0.64%

Cap rate

4.74%

GRM

13.5

Break-even rent

$2,444

Financing

Down payment$77,800
Loan amount$311,200
Mortgage$1,577/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$178
Insurance$80
Maintenance$324
CapEx reserve$162
Vacancy loss$120

Estimates 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.

Mortgage estimate

Estimated $1,577/mo at 4.5% with 20% down, 30-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 18, 2026.

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