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5028 50 Avenue
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Lamont · Business · under $150,000. Alerts only send when there are new or meaningfully updated matching homes.
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A hidden gem nestled in the heart of Lamont, this space is perfect for an entrepreneur looking to expand into a physical retail space or continue a legacy. This property boasts an elegant and well-organized layout, making it a joy to browse through the various sections of the store. With good lighting, updated flooring and ample shelves to showcase any items. The building also has a bathroom for both patrons and staff use. With an open upper level it can be use for more retail, office space, or a work area. The lot allows for parking the back of the building and to be showcase across from a main street intersection for visibility. It also has a single car garage for extra storage which is accessible thought the back alley. Situated in the charming town of Lamont, the current business is a thriving operation that invites both locals and visitors to explore its treasures. Lamont itself exudes small-town charm, with picturesque streets, friendly residents, and a vibrant community that serves the greater areaOther Property Types: Business,Business with PropertySubject Space Width: 23Ownership Interest: PrivateTitle to Land: Fee SimpleRPR Survey Available: YesSeller Rights: NoAppointment Name: MelissaAppointment Phone: 780-709-9658 (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 Jun 24, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.