1 / 10

Investment signal

$1,200,000

Drinkwater

Beds

—

Baths

—

Sqft

10,775

Year

1979

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

Open full map

Text about this home Send a message

About this home

High-exposure investment opportunity just outside Drinkwater, SK. Set on 8.78 acres with over 800 ft. of highway frontage, this property offers excellent visibility and accessibility for a wide range of uses. The site includes two standalone buildings totaling 10,775 sq. ft. along with a massive 50,000+ sq. ft. concrete pad, providing ample space for storage, parking, or expansion. Fully serviced with natural gas and two separate 3-phase power supplies, the property is ready to accommodate industrial operations, commercial tenants, or future development projects. With its strong infrastructure, flexible land base, and strategic location along the highway, this is a rare opportunity to secure a property that offers both immediate functionality and long-term growth potential. (id:65958)

Subtype: Industrial
Common interest: Freehold
Living area: 10,775 square feet
Lot size: 8.79 acres
Lot dimensions: 8.79
On market: Sep 26, 2025
Status changed: Apr 13, 2026
Annual tax: $6,886 (2025)
Photos: 10
MLS#: SK019449
Area: DRINKWATER

Features and systems

Heating

Other

Negative cash flow ~$2,320/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-11.60%

Cap rate

3.57%

GRM

16.7

Break-even rent

$8,442

Financing

Down payment$240,000

Loan amount$960,000

Mortgage$5,890/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$550

Insurance$80

Maintenance$1,000

CapEx reserve$500

Vacancy loss$300

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Drinkwater. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $5,890/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 13, 2026.