PRIME INVESTMENT OPPORTUNITY! Presenting a fully tenanted, 16-unit townhouse complex in the heart of Saskatoon's vibrant Riversdale community. Built in 2012, this modern, well-maintained property generates a strong and stable cash flow, with a gross annual income exceeding $260,000 based on 2024 actuals. The location is unbeatable, just minutes to downtown and steps from the South Saskatchewan River, Victoria Park, and the trendy shops and restaurants of 20th Street. This is a rare, turn-key portfolio perfect for the savvy investor looking for immediate returns.
Listing Area:
Saskatoon
Listing Subarea:
Riversdale
Property Type:
Multi-Family
Property Sub Type:
Residential Only
Building Type:
Row/Townhouse
Num Storeys:
3
Year built:
2014
(Age: 11)
Taxes:
$29,416 /
2025
Ownership Title:
Freehold
Number of Elevators:
0
Smoke Detector:
Yes
Sprinkler system:
No
Heating:
Forced Air, Natural Gas
Floor finish:
Wood
Construction:
Wood Frame
Exterior Finish:
Metal, Wood, Other
Other (See REALTOR Remarks), Storage
Fenced, Garden Area
Occupancy:
Tenant
Site Influences:
Public Transit Nearby
Equipment Included:
Fridge, Stove, Washer, Dryer, Dishwasher Built In, Air Conditioning
# Units:
16
Bachelor Units:
0
1-Bedroom Units:
0
2-Bedroom Units:
16
3-Bedroom Units:
0
Total 4 bedroom units:
0
Total 5 bedroom units:
0
Parking Places:
16.0
View of property
View of exterior entry
View of side of property
Photo 4 of 45
View of property exterior
Doorway to property
Photo 7 of 45
Entrance to property
View of property
Exterior view
View of gate
Photo 12 of 45
Kitchen featuring a peninsula, white cabinetry, stainless steel appliances, dark wood finished floors, and pendant lighting
Kitchen featuring a peninsula, white cabinets, stainless steel fridge, dark wood finished floors, and decorative light fixtures
Unfurnished bedroom with baseboards and dark wood-type flooring
Empty room featuring baseboards and dark wood-type flooring
Kitchen featuring white cabinetry, stainless steel dishwasher, hanging light fixtures, and dark countertops
Kitchen with dishwasher, dark wood finished floors, white cabinets, and dark countertops
Kitchen with dark wood-style flooring, dark countertops, dishwasher, white cabinets, and decorative light fixtures
Kitchen featuring white cabinets, a peninsula, appliances with stainless steel finishes, pendant lighting, and dark wood-type flooring
Half bathroom with toilet and dark wood-style flooring
Staircase with wood finished floors and baseboards
Stairs featuring wood finished floors and baseboards
Kitchen with white cabinets, decorative backsplash, stainless steel appliances, a peninsula, and dark wood-style flooring
Kitchen with appliances with stainless steel finishes, modern cabinets, white cabinets, decorative backsplash, and dark countertops
Kitchen featuring appliances with stainless steel finishes, white cabinetry, backsplash, and modern cabinets
Hall with carpet flooring
Stairway featuring carpet
Staircase featuring carpet
Unfurnished bedroom with light carpet and a closet
Unfurnished bedroom with light carpet and a closet
Unfurnished bedroom with light colored carpet, lofted ceiling, and a closet
Unfurnished bedroom with carpet and a closet
Unfurnished bedroom with light carpet and a closet
Unfurnished bedroom featuring light colored carpet, a closet, and a towering ceiling
Unfurnished bedroom with carpet floors and a closet
Unfurnished room featuring carpet and baseboards
Laundry room with stacked washer / drying machine and baseboards
Bathroom with vanity and a bathtub
Bathroom featuring stacked washing machine and dryer and shower / tub combination
Laundry area featuring baseboards
Full bath featuring shower combination and estacked washer and dryer
Data was last updated September 7, 2025 at 01:35 AM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$2,200,000
Min list price:
$499,000
Max list price:
$4,199,000
Avg days on market:
53
Min days on market:
3
Max days on market:
244
These statistics are generated based on the current listing's property type
and located in
Saskatoon. Average values are
derived using median calculations. This data is not produced by the MLS® system.
The Saskatchewan REALTORS® Association (SRA) IDX Reciprocity listings are displayed in
accordance with SRA's MLS® Data Access Agreement and are copyright of the Saskatchewan REALTORS® Association (SRA).
The above information is from sources deemed reliable but should not be relied upon without independent verification.
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Used under license.
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