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105, 245 Canal Avenue, Strathmore

$420,000

About this property

Prime commercial opportunity in a highly visible location just off Highway 1. Offered for sale at **$420,000**, this versatile commercial condominium features approximately **2,001 sq. ft. on the main floor plus a 607 sq. ft. mezzanine**, providing over **2,600 sq. ft. of functional space**. The unit is well equipped with a washroom, air conditioning, on-demand hot water, extensive electrical outlets, a high-end stereo system, and an **8-camera security system**. Double rear doors provide convenient access for loading equipment, materials, or inventory. Additional highlights include ample paved parking, affordable condominium fees, and excellent exposure with steady traffic generated by surrounding businesses. A great opportunity for an owner-user or investor looking for a well-located commercial property with flexible space and easy access to Highway 1. Property is also for lease at a base rent of $2,633.33 per month, plus 2026 operating costs of $1,052.54 per month.

Essential information

MLS® number
A2339660
Status
Active
Price
$420,000
Property type
Commercial
Type
Mixed Use
Transaction
For Sale
Restrictions
None Known
Building area
2,000 sq ft
Lot size
5,390 sq ft
Year built
2022
Structure
Mixed Use
Listing brokerage
Hilltop Realty
Source
Pillar 9™ MLS® System

Exterior and construction

Zoning
C HWY

Community

City
Strathmore
Province
AB
Postal code
T1P 1C1

Where it is

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Approximate location, plotted from the listing’s own coordinates.

Investment calculator

Cap rate, cash flow and the coverage ratio a commercial lender will look at first.

Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.

The purchase

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The building

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An estimate from the numbers above, not an appraisal and not financial advice. Operating costs, vacancy and lending terms all move it. Nothing typed here is sent anywhere or saved.

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MLS® data last updated Nov 8, 2026, 1:10 a.m. (Mountain Time).

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