














































1/48Spruce Grove, AB T7Y1B4
$1.4M total
—
Asset Class
Specialty
Size
—
Building class
C
Zoning
US — Urban Services
$ / SF
—
Occupancy
84%
Year Built
1967
Lot Size
5.002236000918273 ac
Rare opportunity to acquire an established, profitable private dog park business with an exceptional 5-acre live/work property just 5 minutes from Edmonton. NOT in a subdivision. Laneway Getaway serves Edmonton and surrounding communities and features two private dog parks (approx. 1 & 2 acres) with extensive fencing, shelters, agility equipment and covered seating. The meticulously maintained 1,874 sq. ft. bungalow offers 4 bedrooms, 3 bathrooms, renovated kitchen and baths, new luxury vinyl plank flooring, sunroom, fireplace and finished walk-out basement. Additional workspace includes a 30’ x 42’ radiant-heated shop with 220V power, expanded triple garage and improved Quonset. Also includes a fenced residential yard, deck, playground and Arctic Spa hot tub. Ideal for an entrepreneur, dog trainer, pet-service operator or anyone else seeking an established income-producing business and residence. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$90K
Annual cash flow
$10K
Cash-on-cash
2.30%
DSCR
1.12
Going-in cap
6.23%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
143,326
Households
64,875
Median income
$110,000
Median age
31.6
Daytime population
130,759
5-yr growth
6.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for Spruce Grove.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.