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7316 101 Avenue
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Edmonton · Office · under $1,475,000. Alerts only send when there are new or meaningfully updated matching homes.
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Rare Freestanding Office building situated on 101 Avenue in Terrace Heights. Interior was fully renovated, redesigned and modernized in 2007 from top to bottom with quality improvements and a flare that sets it apart. Main floor offers 16 ceilings, 5 private offices, reception, large boardroom, reception, two large open work areas, kitchenette and handicap accessible washroom. With a separate side entrance, the second floor has a number of private offices and work areas, a massive executive suite office, mens and ladies washrooms, large kitchenette and although designed initially for the owners use, the design lends itself to two distinct office areas that currently are rented and produce income until August 2026 and the tenant would like to stay. Full basement under front half of building, finished in the same manner as the main and second offers 1600 additional square feet of work areas and storage. Building is fully air conditioned. Truly a unique opportunity for an owner/user or investor.Other Property Types: Office,RetailSubject Space Width: 49Subject Space Depth: 62Ownership Interest: PrivateTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoAppointment Name: WayneAppointment Phone: 780-953-9934Paragon Listing ID: E4456864 (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
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Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
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Suite legality / potential
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Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
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Insurance estimate
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Commute
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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).
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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.
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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.