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7402 50 Avenue
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FOR SALE OR LEASE! Prime location, it doesnt get any better than this for exposure with Highway 28 frontage! Situated on FIVE ACRES all cleared and graveled & serviced with municipal water. This industrial shop is 70x125 for a total of 8750 sq.ft with six 14x14 overhead doors and in-floor heat throughout. Approximately 2000sq.ft of upper mezzanine space houses staff change/break rooms, parts rooms and laundry facilities. Fully equipped with compressors, welders, gantry crane, ventilation system and Hotsy pressure washer all included. Detached modular office space adjacent to the shop houses 4 offices with breezeway. Main office is 1200 sq.ft with two offices, two bathrooms and a spacious meeting/training room. Lots of additional cold storage buildings, including two 1600 sq.ft quonsets and a multitude of skid shacks & sheds to keep your equipment and parts organized. Outdoor loading dock with two different heights makes loading and unloading equipment a breeze. Opportunity is knocking!Other Property Types: IndustrialOwnership Interest: PrivateTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoAppointment Name: VinceAppointment Phone: 780-826-0776Lease Operating Costs Included: Taxes, Utilities and InsuranceParagon Listing ID: E4441043 (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
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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.