No photos available
Investment signal

$228,000

5119 50 St

Save this home

Beds

Baths

Sqft

Year

1971

Type

Retail

Suite

Suite potential

Location nearby

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

About this home

Opportunity, Id say! This building has 3,300 +/- sq ft of retail space and was once before, 2 well established businesses, in the community of Wildwood. The building is located on the Main Street with great exposure. TLC is needed for this one! Items that are left in the buiding, are As Is. Upstairs is a 2 Bedroom Residence with a private entrance - perfect for live-in Employees or as a Rental Income. This is an opportunity with big potential.Other Property Types: RetailSubject Space Width: 49Ownership Interest: PrivateSite Services: Curb; Gutter,Electricity,Fully Serviced,Garbage Collection,Natural Gas,Paved Streets,Telephone,Sewer - Storm,Street LightingSite Influences: Shopping Nearby,Back LaneTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoAppointment Name: Lisa YAKIMCHUKAppointment Phone: 780-280-1101Paragon Listing ID: E4460991 (id:65958)

Subtype
Retail
Living area
3,332 square feet
Lot size
8,102.16 square feet
Lot dimensions
8102.16
On market
Dec 22, 2025
Status changed
Apr 21, 2026
Photos
0
MLS#
43688554
Area
WILDWOOD
Positive cash flow ~$886/mo at these assumptions

Cash on cash

23.32%

Cap rate

9.53%

GRM

7.9

Break-even rent

$1,467

Financing

Down payment$45,600
Loan amount$182,400
Mortgage$924/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$105
Insurance$80
Maintenance$190
CapEx reserve$95
Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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.

Mortgage estimate

Estimated $924/mo at 4.5% with 20% down, 30-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 21, 2026.

We use a single cookie to remember if you’ve dismissed this notice and a no-PII analytics ping. By using this site you consent. Privacy.