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Margo · Single Family · under $25,000 · 1+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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128 Railway AVENUE
*** For more information, please click the "More Information" button. *** Welcome to an affordable opportunity in the quiet community of Margo, Saskatchewan—just a short drive to several well-known lakes including Margo Lake, Stoney Lake, Pelican Lake (Whitesand), and the popular Fishing Lake, most within 5–10 miles. Enjoy boating, swimming, walleye and pike fishing, or simply relaxing in the peaceful scenery. The area offers excellent year-round recreation as well as great hunting nearby. This 686 sq. ft. home, built in 1920, is a handyman special with solid bones and the opportunity to make it your own. Full of classic character and simple charm, the home features two bedrooms and one bathroom. It’s an ideal option for a starter home, retirement retreat, weekend getaway, or a cozy space for a couple, small family, or friends looking to share lake-country adventures. The home sits on two spacious lots surrounded by mature trees that provide privacy and a peaceful rural setting. Large windows bring in natural light while the practical layout makes efficient use of the space and leaves room for improvements and personal touches. A standout feature is the detached single-car garage, offering versatile space for parking, storage, recreational gear, tools, or a workshop. The garage includes a wood stove, allowing comfortable use during colder months for projects or winter storage. The yard spans approximately 12,500 sq. ft., creating a generous outdoor space with room for campers, tents, lawn chairs, BBQs, a fire pit, or a large garden. This property offers exceptional value and strong potential near Saskatchewan’s beautiful lakes. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Other | 7 × 14 feet | |
| 3pc Bathroom | 7 × 8 feet | |
| Kitchen/Dining room | 14 × 9 feet | |
| Living room | 14 × 10 feet | |
| Foyer | 14 × 7 feet | |
| Bedroom | 9 × 8 feet | |
| Primary Bedroom | 12 × 8 feet |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Bonus Room | 17 × 15 feet | |
| Bonus Room | 9 × 7 feet |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
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Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
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Suite legality / potential
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Monthly carrying cost
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Property taxes
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Insurance estimate
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Commute
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Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
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Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 20, 2026.
Location of this listing. Distances are straight-line.
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