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Investment signal

$499,000

52 High Street

Beds

—

Baths

—

Sqft

—

Year

1919

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Investment opportunity awaits! Centrally located in the heart of the downtown area. Main floor consist two separate retail spaces, offices, large area recently operated as a pub. Many possibilities with rental opportunity. Three main floor units presently occupied. Second floor consist of 4 large one-bedroom, self contained apartments. Modern design with open concept living, dining and kitchen areas. Large windows allows for natural lighting. Long term tenants. Stainless steel appliances, washer and dryer. Heated by electric baseboard. Minutes away from recreation and shopping. (id:65958)

Subtype: Retail
Structure: Commercial Mix
Common interest: Freehold
Living area: 8,675 square feet
Lot dimensions: 60'x88.8'x42.8'x84.2'
On market: Jan 9, 2026
Status changed: Apr 16, 2026
Annual tax: $2,484
Zoning: Com
Photos: 47
MLS#: 1293553
Area: GRAND_FALLS-WINDSOR

Features and systems

Heating

Baseboard heatersElectric

Flooring

HardwoodLaminateCarpetedOtherConcrete Slab

Negative cash flow ~$1,007/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-12.10%

Cap rate

3.47%

GRM

16.6

Break-even rent

$3,559

Financing

Down payment$99,800

Loan amount$399,200

Mortgage$2,449/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$229

Insurance$80

Maintenance$416

CapEx reserve$208

Vacancy loss$125

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Grand Falls-Windsor. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $2,449/mo at 5.49% with 20% down, 25-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 16, 2026.