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4929 51 Avenue
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High Prairie · Business · under $275,000. Alerts only send when there are new or meaningfully updated matching homes.
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A versatile multi-tenant commercial building located in the heart of High Prairie's Downtown Commercial (C1) core. This well-positioned property is currently configured into three distinct commercial units, offering a stable income stream coupled with significant upside potential. The center unit is occupied by an established hair speccialist, providing an immediate, income-generating anchor. The east end, currently is home to a photo studio, and will be available for a new tenant, while the west end unit sits completely vacant and ready for immediate occupancy. This mix allows an investor to benefit from existing cash flow while actively leasing the remaining spaces, or an owner-occupier to establish their business while collecting rent from neighboring tenants. Clients and customers will appreciate the ease of access provided by direct street parking available right out front, which encourages the convenient pedestrian flow. Zoned Downtown Commercial (C1), the property aligns with the Town of High Prairie's vision for a dense, mixed-use environment, supporting a wide variety of commercial, office, and service-oriented uses. Whether you are looking to expand your business into a high-visibility retail frontage or add a value-add asset to your investment portfolio, this property offers a rare opportunity to secure a foothold in the High Prairie's main economic hub. Call today to book your appointment to view. (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).
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 Mar 18, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.