305, 9622 - 42 Avenue, Edmonton
For Sale · Office

305, 9622 - 42 Avenue, Edmonton

305, 9622 - 42 Avenue, Edmonton, AB T6E5Y4

$450,000 total

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Asset Class

Office

Size

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Building class

B

Zoning

CO — Commercial Office

$ / SF

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Occupancy

98%

Year Built

1980

Lot Size

0 ac

About this property

• 1,528 sq.ft.± office condo for sale• Functional office layout featuring multiple private offices, reception, and open work areas• On-site surface and visitor parking• Newly renovated fitness facility, recent elevator and lobby upgrades, 2,000 SF outdoor courtyard and more• Pylon signage opportunity with direct exposure to over 7,883 vehicles per day along 97 Street (2025 City of Edmonton - 97 Street North of 42 Ave) (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$450K
Down payment30% · $135K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$32K

Annual cash flow

$7K

Cash-on-cash

5.21%

DSCR

1.28

Going-in cap

7.11%

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.

Area demographics

Trade area within 3 miles of the property.

Population

46,086

Households

19,484

Median income

$62,500

Median age

37.6

Daytime population

62,208

5-yr growth

5.5%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 305, 9622 - 42 Avenue, Edmonton.

NDA required

  • 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.