Two Hills is a northeast Alberta town serving Ukrainian-heritage agricultural communities east of Edmonton. The town sits in the heart of some of Alberta's most productive grain farmland.

Submarket	Asset Class	Vacancy	Net Rent	Cap Rate
50th Street / Main	Commercial	8–15%	$6–10/sf	10.0–12.0%
Hwy 45 Commercial	Commercial	8–15%	$6–10/sf	10.0–12.0%
Grain Industrial	Commercial	8–15%	$6–10/sf	10.0–12.0%

Other Alberta Markets

Vegreville

50km SW.

St. Paul

50km north.

All Alberta

Commercial real estate across Alberta.

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

Two Hills Commercial Real Estate FAQ

Frequently Asked Questions — Two Hills

What are cap rates in Two Hills?

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

What drives Two Hills's economy?

Two Hills is a northeast Alberta town serving Ukrainian-heritage agricultural communities east of Edmonton. The town sits in the heart of some of Alberta's most productive grain farmland.

How do I find commercial space in Two Hills?

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Two Hills Neighbourhoods & Districts

Downtown Two Hills Highway 45 Two Hills Industrial Two Hills North Two Hills South Two Hills St Paul Junction Two Hills Main Street Vegreville Corridor

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