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$3,899,999
Est. payment /mo
0.34 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Residential Only
Listing Status Active
Purchase Type For Sale
MLS Listing ID SK008841
Year Built 1978
Annual Tax Amount $29,114
Tax Year 2025
Lot Size 0.344 Acres
Acres 0.3438246
Property Sub-Type Residential Only
Source Saskatchewan
Property Description
Presenting a substantially-renovated, fully-rented, 24-suite apartment building in the highly sought-after College Park neighbourhood, ideally situated in the East Side of Saskatoon. Recognized as one of Canada's most competitive rental markets, Saskatoon continues to experience strong rental demand, low vacancy rates, and upward pressure on rents—particularly in this premium, high-demand area. Strategically located directly across from the enclosed Centre Mall on 8th Street East, and convenient for access to the University of Saskatchewan, this property offers exceptional walkability. Tenants enjoy immediate access to grocery stores, retail amenities, and public transit, all within steps of the building. Recent capital improvements include brand-new windows throughout, a newer peaked roof, in addition to regular suite refreshes & renovations. Each unit is equipped with a dishwasher and generous storage space. Situated on an oversized lot, the property also benefits from new professional landscaping and irrigation upgrades. This offering represents an outstanding opportunity to acquire a stabilized, income-generating asset in one of Saskatoon's most desirable rental areas.
OFFERS WILL BE ACCEPTED ON OR BEFORE JUNE 16, 2025 4:00 PM (SK Time)
OFFERS WILL BE ACCEPTED ON OR BEFORE JUNE 16, 2025 4:00 PM (SK Time)
Location
Province SK
Community West College Park
Interior
Heating Hot Water
Cooling Hot Water
Flooring Wood
Appliance Fridge, Stove, Dishwasher Built In, Window Treatment, Air Conditioning, Alarm System, Emerg. Lighting, Intercom
Exterior
Exterior Feature Brick, Stucco
Garage Spaces 24.0
Amenities Available Shared Laundry
Total Parking Spaces 24
Building
Building Description Wood Frame, Low-Rise (3 floors and under)
Story 3.00
Structure Type Wood Frame
Others
Ownership Freehold
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Listed by Realty Executives Saskatoon
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