Property Description

This investment opportunity won’t last long! 8-unit, multi-family building in the Grosvenor Park neighbourhood. Close to many 8th Street amenities such as grocery, pharmacy, restaurants and medical services. The suite mix is seven 1-bedroom suites and one bachelor suite. Common laundry with coin-operated washer and dryer.

As per CMHC January 2024 report, Saskatoon has a city-wide vacancy rate of 2%. Average monthly rental rate as per CMHC is $1,104 for 1 bedrooms and $829 for bachelor suites.

(See Proforma on PDF attachment)

LAND SIZE
±4,670.82 SF (±49.95’ x ±93.51’)

SALE PRICE
$1,000,000  REDUCED: $880,000

TAXES
$5,962.84 (2024)

LAND DETAILS
• Landscaped
• Eight electrified parking stalls
• Located one block off 8th Street
• Only 5 minute drive from University of Saskatchewan

ZONING
RM4

LEGAL DESCRIPTION
Surface Parcel 120264555

POSSESSION
Immediate

2110 Main St E, Saskatoon, SK

Investment Sale - Multi-Family

$880,000
Listing ID #3135
Josh Walchuk B.COMM
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