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211 Main STREET N
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Goodsoil · Industrial · under $825,000. Alerts only send when there are new or meaningfully updated matching homes.
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Exceptional commercial opportunity in the thriving resort community of Goodsoil, Saskatchewan. This 6,600 sq. ft. building, constructed in 2010, sits on 1.74 acres (75,794 sq. ft.) of highly visible land along Highway #26. Formerly operating as a lumber yard and general store, this property filled an important role in the community and is greatly missed by local residents and seasonal visitors alike. Ideally located just minutes from Meadow Lake Provincial Park and Lac des Îles, the property benefits from strong year-round and seasonal traffic generated by surrounding lake developments, cabins, camping, boating, golfing and recreational activity. This versatile property offers tremendous potential for a wide variety of business ventures, including: • Lumber yard and hardware supply • General store or convenience retail • Boat and RV sales, servicing, & storage compound • Outdoor recreation and marine supply centre • Warehouse or contractor supply business • Mixed commercial and rental income operation. Goodsoil serves a broad trading area and is approximately one hour from larger urban centres, making it a convenient and preferred shopping destination for local residents, lake property owners, tourists, and surrounding rural communities. The property also includes multiple rental income opportunities, with three smaller rental spaces currently occupied and additional areas that could be developed for further lease revenue. A rare chance to re-establish a valuable commercial hub in a growing recreational region of northwestern Saskatchewan. ________________________________________ (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).
Cash on cash
-6.71%
Cap rate
3.52%
GRM
16.7
Break-even rent
$4,633
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
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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.
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 Jun 2, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
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