Skip to content
  1. Home
  2. Done Deals

Saskatoon multi-family sells at $131,481 per suite

The 27-unit rental apartment building on a half-acre lot sold for $3.55 million at a 5.9 per cent capitalization rate.
Re/Max Saskatoon for Western Investor
generic-7517efbe02c39d66313e2addl-m48419833od-w480_h360_x2-copy
(Suites not as shown) Re/Max Saskatoon for Western Investor

Property type: Multi-family rental

Location: 1505 7th Street East, Saskatoon

Number of units: 27

Size of property: 26,280 square feet

Land size: 23,067 square feet

Land size in acres: 0.53 acres

Date of sale: March 25, 2023

Brokerages: Listing broker, Re/Max Saskatoon, Saskatoon; with Colliers, Saskatoon

Brokers: Steve Jantzen, Re/Max; Jason Wionzek, Colliers.