412 B Av N - Apartments FOR SALE


Saskatoon, SK S7L 1E4
$4,750,000 CAD
306-664-1211
412 B Av N, Saskatoon, SK for Sale
$4,750,000 CAD
Apartments - FOR SALE
1/1
null | Request Cap Rate

412 B Av N
Saskatoon, SK S7L 1E4


HIGHLIGHTS

  • Prime Caswell Hill location near downtown and transit
  • Recent upgrades including 2018 boiler installation
  • Strong suite mix with majority two-bedroom units

OVERVIEW

Positioned in the vibrant Caswell Hill neighborhood, this 36-unit multifamily property offers a rare opportunity for investors seeking stable returns and long-term growth. The asset features an attractive suite mix of twenty-six two-bedroom and ten one-bedroom units, catering to strong rental demand in Saskatoon’s core. Residents benefit from proximity to schools, parks, shopping, and downtown amenities, while easy access to Idylwyld Drive North and public transit enhances connectivity across the city. The property has been meticulously maintained, with key upgrades including a new boiler installed in 2018. As tenancies turnover, units are refreshed with modern flooring, paint, and appliances, ensuring a contemporary living experience. Additional conveniences include an owned common coin laundry facility and sixteen paved, electrified parking stalls. Zoned RM3, this medium-density designation supports multifamily use in a thriving urban setting. With an assumable mortgage at a competitive fixed rate, this offering combines operational stability with strategic location advantages, making it an ideal addition to any investment portfolio.

FOR SALE DETAILS

PRICE

$4,750,000 CAD

PRICE/SF

$204 CAD /SF

# OF UNITS

36

PRICE/UNIT

$131,944

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1984

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,878 SF

ZONING

RM3

APN/PARCEL ID

120029789,120029802,120029813,120029824,120029835,120029846,120029891

ASK ABOUT THIS PROPERTY

Jason WionzekColliersMore Info
306-664-1211

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Jason WionzekColliersMore Info
306-664-1211

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.