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207 RAILWAY AVENUE
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Watson · Retail · under $300,000. Alerts only send when there are new or meaningfully updated matching homes.
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Profitable Restaurant for Sale in Watson, SK An exciting opportunity to own a well-established restaurant in Watson, SK, conveniently located along HWY #5 East. With over 10 years of successful operation, the owner is now ready to retire, offering a turnkey business opportunity. The restaurant specializes in Chinese and Canadian cuisine and features a licensed formal dining area with approximately 60 seats. Additionally, there is a separate café area for casual dining. The asking price includes the property, which has two air conditioners and two heaters, boasting over 4,000 sqft of building space, which includes an 1,100 sqft residential area. The residence features three bedrooms, an attached garage, and a private yard—perfect for owner-operators. Over the past decade, the owner has invested more than CAD 50,000 in property upgrades, including new siding, windows, a furnace, and roofing, as well as modern equipment and décor. All restaurant equipment required for operation is included in the asking price, with the option to purchase residential furniture as well. Price plus inventory. Located at the junction of Highways #5 and #6, Watson is a strategic location, just a 20-minute drive from the proposed BHP potash mine. A profitable restaurant of this quality, with a prime location and significant updates, rarely comes to market. Don’t miss out—call today to schedule a viewing! (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
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).
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
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.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Feb 4, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.