Smoky Lake is a north-central Alberta town known for the Great White North Pumpkin Fair — home of the world's largest pumpkins. The town serves agricultural communities north of Edmonton.

Submarket	Asset Class	Vacancy	Net Rent	Cap Rate
Main Street	Commercial	8–15%	$6–10/sf	10.0–12.0%
Hwy 28 Commercial	Commercial	8–15%	$6–10/sf	10.0–12.0%
Industrial Area	Commercial	8–15%	$6–10/sf	10.0–12.0%

Other Alberta Markets

St. Paul

60km east.

Athabasca

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All Alberta

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Further Reading → Alberta Commercial Real Estate Cap Rates 2025 → Alberta Has No Provincial Income Tax — What It Means for Investors → Why Investors Are Moving to Alberta

Smoky Lake Commercial Real Estate FAQ

Frequently Asked Questions — Smoky Lake

What are cap rates in Smoky Lake?

Smoky Lake 2025 cap rates: 10.0–12.0%. No provincial income tax in Alberta. Contact Canada's Home Commercial for listings.

What drives Smoky Lake's economy?

Smoky Lake is a north-central Alberta town known for the Great White North Pumpkin Fair — home of the world's largest pumpkins. The town serves agricultural communities north of Edmonton.

How do I find commercial space in Smoky Lake?

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Smoky Lake Neighbourhoods & Districts

Downtown Smoky Lake Highway 28 Smoky Lake Industrial Smoky Lake North Smoky Lake Smoky Lake Main Street South Smoky Lake Spedden Junction Vilna Corridor

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