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A105, 5212 48 Street
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PROFESSIONALLY BUILT-OUT OFFICE OR RETAIL SPACE—IMMEDIATE OCCUPANCY AVAILABLE This HIGH-END OFFICE/RETAIL UNIT has outstanding visibility & signage opportunities right on Taylor Drive and Ross Street. A marquee location to own, right at the heart of the Heritage Village Shopping Center. Boasting the following features, this could be your business's new home: Formerly E-WYN WEIGHT-LOSS, this quality-built out space boasts 1182 SQ FT and is turnkey. Large main building signage, large east and west-facing windows, 5 offices, built-in desk/front reception, a waiting area, and display space with a slat wall for retail goods sales in place, free staff and customer parking throughout the complex, and an alarm system. Other tenants in the complex include McDonald's, Dental, Law & Dental, Chiropractic offices, Insurance Brokers, and more. NNNs are estimated at $13.15. /sq. ft. (incl. condo fees / common area charges of $652.57 & taxes of $641.80/monthly). Average power/gas bills are $325/month with water/sewer averaging $58/month. Make your next move for you, your business, or as an investor and own a piece of Red Deer's downtown premiere plaza for 2026! (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 17, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.