Turnkey, fully rented income-producing investment with strong cash flow. This well-maintained, wheelchair-accessible 7-suite multi-family property offers an outstanding opportunity for investors seeking stable rental income. Conveniently located just minutes from Melville, this approximately 5,500 sq. ft. building sits on a generous 140' x 150' lot and features seven fully rented well-maintained rental suites, including four 1-bedroom units, two 2-bedroom units, and one bachelor suite. Designed for tenant comfort and ease of management, the property offers a spacious common area, free shared laundry, private patio space for each suite, beautifully maintained green space, and six electrified parking stalls. The building has been well cared for and provides comfortable living in a quiet community, making it attractive to long-term tenants. With an approximate gross annual rental income of $68,400, estimated operating expenses of $29,000, and an approximate Net Operating Income (NOI) of $39,400, this property presents a solid investment opportunity with immediate income and future appreciation potential. Whether you're expanding your real estate portfolio or purchasing your first multi-family investment, this property offers an excellent combination of cash flow, stability, and value. All measurements, income, expenses, and projections are approximate and should be independently verified by interested buyers.More details
Prime Multi-Family Investment Opportunity – Esterhazy Potash Hub!!! Excellent opportunity for an investor or investment group to expand their portfolio with a multi-family asset located in South East Saskatchewan. This investment package consists of six multi-unit buildings totaling 28 rental suites, offering a balanced mix of unit sizes and construction years. The portfolio includes a two-storey 8-plex built in 2012 featuring eight two-bedroom units, a single-level 4-plex built in 2012 with four two-bedroom units, and four additional 4-plex buildings constructed in 1988 comprising sixteen one-bedroom units. The 2012-built buildings feature modern layouts, finishings, individual natural gas furnaces and water heaters, and 4-piece bathrooms, with the majority of suites offering fridge, stove, dishwasher, and in-suite washer and dryer, making them highly desirable for long-term tenants. The one-bedroom suites built in 1988 are also equipped with natural gas heating, with most units offering in-suite furnaces, water heaters, fridge, stove, and in-suite laundry hookups, providing added convenience and operational efficiency. This diversified unit mix, combined with an established and proven rental location, makes this property a strong cash-flowing investment with long-term upside potential. Important Note: All buyers submitting an offer must include a Schedule B with the Offer to Purchase outlining offer terms and possession requirements. Properties are currently vacant.More details
Data was last updated July 14, 2026 at 09:35 AM (UTC)
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