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102 2 Avenue
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Beds
—
Baths
—
Sqft
5,751
Year
1932
Type
Vacant Land
On market
169d
Step into a piece of history with the former Winfield Hotel and former liquor store located on a spacious 100 x 120 lot. This distinctive property combines the charm of the original hotel with a thoughtfully designed addition, offering a blend of character and potential. Original Hotel + New Addition: The original structure has been expanded to include a second story over a partial basement and crawl space, providing extra room for a range of possibilities. Main Level: Open bar area, perfect for entertaining or conversion, with space for a pool table. A designated food prep area connected to both the original bar and the newly added café/deli space. Separate ladies’ and men’s washrooms, serving both the bar and café. Second Story: 9 rooms in total – 5 original rooms and 4 constructed over the addition, each with its own bathroom. Second floor is approximately 90% complete. This property is perfect for investors and visionaries. With most of the heavy lifting done, it’s ready to finish and customize!Other Property Types: Commercial LandOwnership Interest: PrivateSite Services: Electricity,Fully Serviced,Garbage Collection,Lane,Natural Gas,City WaterSite Influences: Corner Site,Back LaneTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoAppointment Name: Colin ClarkeAppointment Phone: 780-202-2100Paragon Listing ID: E4406815 (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).
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
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. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider 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 May 15, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Winfield. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.