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235 Sidney STREET E
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Swift Current · Multi-family · under $500,000. Alerts only send when there are new or meaningfully updated matching homes.
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Introducing 235 Sidney Street E, an ideal opportunity to enhance your real estate portfolio with significant untapped potential. This well-maintained 6-suite building features 2 spacious two-bedroom units and 4 one-bedroom units, currently housing several long-term tenants, contributing to a robust revenue stream. Strategically located in a desirable neighbourhood, the property benefits from proximity to parks, scenic walking paths, a local college, a shopping centre, and is just blocks away from the vibrant downtown area, ensuring excellent walkability for residents. Each suite is in good repair, with several units having undergone substantial renovations, positively impacting their monthly rental rates. Enjoy fresh paint through out the building including the common areas and upgraded flooring in many units . The building is equipped with both boiler heating and central air conditioning, enhancing tenant comfort year-round. Additional amenities include ample parking, laundry facilities and common storage lockers as well as an inviting curb appeal that attracts potential tenants. If you are seeking a cash-flow-generating property with solid investment returns, 235 Sidney Street E is the perfect choice. Don’t miss out on the chance to explore this promising opportunity. Contact today for more information or to schedule your personal 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).
Cash on cash
-1.53%
Cap rate
4.56%
GRM
13.9
Break-even rent
$2,874
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.
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 Jun 9, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.