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5022 51 Street
$599,900

Builder’s Opportunity in the Downtown Core!

Unlock the potential of this substantial commercial property ideally suited for redevelopment. Featuring 4,800 sq ft on the main level plus a full 2,400 sq ft basement, this building offers the perfect footprint for a mixed-use project—commercial space on the main floor with future residential units above.

Built in 1973 with a solid concrete foundation, the structure provides a strong starting point for your vision. Located in the heart of the downtown core with convenient rear parking, this is a rare chance to reimagine a large-scale property in a prime location.

Previously used for cold storage, the building currently has no heating system and is ready for a full transformation. Being sold AS IS, presenting a unique value-add opportunity for the right buyer.

📞 Call Della Fraser for access and more information: 867-445-4010

Details

  • Address
    5022 51 Street
  • Location
    Yellowknife
  • Price
    $599,900
  • Year Built
    1973
  • Taxes
    $9,989.40
  • Building Area
    4,800 sq. ft.
    + 2,400 sq. ft. Basement
  • Lot Size
    5,000 sq. ft.

Location

Mortgage Calculator

Rate: 5%

5% Down

10% Down

15% Down

20% Down

25% Down

Down Payment

$29,995

$59,990

$89,985

$119,980

$149,975

10 Years

$6,030

$5,713

$5,396

$5,078

$4,761

15 Years

$4,492

$4,255

$4,019

$3,782

$3,546

20 Years

$3,745

$3,548

$3,351

$3,154

$2,957

25 Years

$3,315

$3,140

$2,966

$2,791

$2,617

MONTHLY PAYMENTS ARE BASED ON A FIVE (5) YEAR TERM AT A RATE OF 5%. CMHC FEES NOT INCLUDED.