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412 B Av N 36 Unit Apartment Building $3,435,805 USD ($95,439 USD/Unit) Saskatoon, SK S7L 1E4

INVESTMENT HIGHLIGHTS
- Prime Caswell Hill location near downtown and transit
- Strong suite mix with majority two-bedroom units
- Recent upgrades including 2018 boiler installation
EXECUTIVE SUMMARY
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.
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.
PROPERTY FACTS
| Price | $3,435,805 USD | Building Class | C |
| Price Per Unit | $95,439 USD | Lot Size | 0.64 AC |
| Sale Type | Investment | Building Size | 23,310 SF |
| No. Units | 36 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1984 |
| Property Subtype | Apartment | Parking Ratio | 0.69/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RM3 - Medium Density Multiple-Unit Dwelling | ||
| Price | $3,435,805 USD |
| Price Per Unit | $95,439 USD |
| Sale Type | Investment |
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.64 AC |
| Building Size | 23,310 SF |
| No. Stories | 3 |
| Year Built | 1984 |
| Parking Ratio | 0.69/1,000 SF |
| Zoning | RM3 - Medium Density Multiple-Unit Dwelling |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 26 | - | - |
| 1+1 | 10 | - | - |
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Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (75)
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412 B Av N
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