One bachelor suiteSpacious common areaFree shared laundryBeautifully maintained green spaceSix electrified parking stalls
Turnkey, fully rented income-producing investment with strong cash flow. This well-maintained, wheelchair-accessible 7-suite multi-family property offers an outstanding opportunity for investors seeking stable rental income. Conveniently located just minutes from Melville, this approximately 5,500 sq. ft. building sits on a generous 140' x 150' lot and features seven fully rented well-maintained rental suites, including four 1-bedroom units, two 2-bedroom units, and one bachelor suite. Designed for tenant comfort and ease of management, the property offers a spacious common area, free shared laundry, private patio space for each suite, beautifully maintained green space, and six electrified parking stalls. The building has been well cared for and provides comfortable living in a quiet community, making it attractive to long-term tenants. With an approximate gross annual rental income of $68,400, estimated operating expenses of $29,000, and an approximate Net Operating Income (NOI) of $39,400, this property presents a solid investment opportunity with immediate income and future appreciation potential. Whether you're expanding your real estate portfolio or purchasing your first multi-family investment, this property offers an excellent combination of cash flow, stability, and value. All measurements, income, expenses, and projections are approximate and should be independently verified by interested buyers.
114 days
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Zillow last checked:
Listing updated:
Listed by:
Dilipkumar (DN) Patel,
RE/MAX Blue Chip Realty,
Robby Bear,
RE/MAX Blue Chip Realty
Source: Saskatchewan REALTORS® Association,MLS®#: SK030793Originating MLS®#: Saskatchewan REALTORS® Association
Facts & features
Interior
Heating
Electric, Hot Water, Natural Gas
Cooling
Air Conditioning
Appliances
Included: Dryer, Refrigerator, Stove, Washer
Features
Flooring: Wood
Has fireplace: No
Property
Parking
Total spaces: 6
Parking features: Open
Uncovered spaces: 6
Features
Stories: 1
Patio & porch: Deck, Patio
Exterior features: Garden, Lawn Back, Lawn Front
Frontage length: 140.00
Lot
Size: 0.48 Acres
Dimensions: 150
Features: Landscaped, Trees/Shrubs
Construction
Type & style
Home type: MultiFamily
Property subtype: Condominium
Materials
Brick, Stucco, Wood
Condition
Year built: 1988
Community & HOA
Community
Security: Emergency Lighting, Smoke Detector(s)
Location
Region: Killaly
Financial & listing details
Annual tax amount: C$4,387
Date on market: 3/19/2026
Ownership: Freehold
Dilipkumar (DN) Patel
Dilipkumar (DN) Patel
(306) 316-0697
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Price history
Date
Event
Price
6/29/2026
Price change
C$349,000-7.9%
Source: Saskatchewan REALTORS® Association #SK030793Report a problem
5/19/2026
Price change
C$379,000-14.8%
Source: Saskatchewan REALTORS® Association #SK030793Report a problem
3/19/2026
Listed for sale
C$445,000
Source: Saskatchewan REALTORS® Association #SK030793Report a problem