We use cookies for basic analytics + follow-up. Privacy
We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.
5030 50 Street
Swipe through similar matches — tap the heart to save, or open one for the full read.
Beds
—
Baths
—
Sqft
2,880
Year
1963
Type
Other
On market
54d
Outstanding opportunity in a high-visibility Main Street storefront location with strong traffic exposure and excellent potential for an owner-operator or investor. This versatile commercial property offers 1,440 sq ft on the main floor plus 1,440 sq ft on the upper level, with separate entrances providing flexibility for multiple occupants or mixed-use opportunities. The main level is currently operating as aesthetician/massage space and includes a washroom, storage area, and adaptable retail or office layout. Upstairs is configured for professional use with several offices, a spacious meeting or boardroom area, a newer kitchenette, and two customer washrooms. The basement adds further value with full 8-foot ceilings, bathroom rough-ins, and generous storage space. Extensive improvements have been completed over time, including updated electrical, plumbing, lighting, paint, flooring, septic upgrades, and a roof that was re-tarred in 2015. Air conditioning services the building throughout, and the current month-to-month lease offers flexibility for future plans. With ample room for expansion and a layout suited to a wide range of business ideas, this property is packed with potential. (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).
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
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. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider 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 8, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Camrose. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.