424 3rd AVE N, Saskatoon, SK S7K 2J3
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424 3rd AVE N, Saskatoon, SK S7K 2J3
424 3rd AVE N, Saskatoon, SK S7K 2J3
424 3rd AVE N, Saskatoon, SK S7K 2J3
424 3rd AVE N, Saskatoon, SK S7K 2J3
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Mitch Butler

Mitch Butler

+1(306) 260-5782
$ 2,625,000
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424 3rd AVE N Saskatoon, SK S7K 2J3

9,147 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Subdivision City Park

MLS Listing ID SK051585

HOA Y/N No

Year Built 1965

Annual Tax Amount $13,870

Tax Year 2026

Lot Size 9,147 Sqft

Acres 0.21

Lot Dimensions 75.00x130

Property Sub-Type Residential

Property Description

Immaculate 11-unit multifamily investment with adjacent parking lot opportunity in Saskatoon's City Park neighborhood. Situated on three lots totaling approximately 9,742 SF, the property features 11 one-bedroom suites within an approximately 7,124 SF building. Additional income is provided by a separate paved and electrified 13-stall parking lot, plus seven parking stalls serving the apartment building. The property has seen notable recent improvements including a pitched asphalt-shingle roof and replacement exterior windows and doors . Each suite includes dedicated storage. Ideally located just north of downtown with convenient access to surrounding amenities and services including the University of Saskatchewan. Zoned RM5 High Density Multiple-Unit Dwelling District. The offering is supported by a recent third-party appraisal, which may be made available upon acceptance of an offer. Total gross annual income between apartment building and adjacent parking lot of approximately $194,592.

Location

Province SK

Community Laundry Facilities, Near Schools, Public Transportation

Area Saskatoon

Interior

Interior Features Intercom, Window Treatments

Heating Hot Water, Natural Gas

Cooling 1 Unit

Flooring Wood

Equipment Intercom

Fireplace No

Window Features Window Treatments

Appliance Dryer, Refrigerator, Stove, Washer

Laundry Common Area

Exterior

Exterior Feature Landscaping

Fence Partial

Community Features Laundry Facilities, Near Schools, Public Transportation

Total Parking Spaces 20

Building

Lot Description Front Yard, Sprinklers None, Trees

Dwelling Type Low Rise,Multi Family

Others

Pets Allowed No

Ownership Freehold

Security Features Smoke Detector(s)

Listed byColliers McClocklin Real Estate Corp.
Mitch Butler

Mitch Butler

Agent

+1(306) 260-5782

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424 3rd AVE N