We use cookies for basic analytics + follow-up. Privacy
We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.
327 S AVENUE S
Swipe through similar matches — tap the heart to save, or open one for the full read.
Fantastic investment opportunity! This fully tenanted 4-unit building is a true turn-key revenue property, ready to cashflow from day one. With recent upgrades, steady rental income, and professional management already in place, this property is an excellent choice for both seasoned investors and those looking to step into the rental market with confidence. The building has seen several important updates in recent years, including a newer boiler system for efficient heating and updated flooring in select units. Each of the four suites is thoughtfully designed with a generous living area, functional kitchen, two well-sized bedrooms, and one full bathroom. Added convenience is provided with in-suite washers and dryers for each unit, a feature tenants truly appreciate and that helps maximize rental appeal. The property currently generates $5,225 per month in gross rental income, with tenants responsible for their own power utilities keeping operating expenses lower and cashflow stronger. Location is another strong advantage. Situated close to shopping, St. Paul’s Hospital, schools, and multiple bus routes, tenants enjoy easy access to everything they need. The demand for rental housing in this area remains strong, adding to the long-term security and appeal of the investment. With a solid tenant base, reliable income, and important upgrades already completed, this outstanding revenue property is well-positioned to deliver consistent returns for years to come. Properties like this don’t come along often, schedule your viewing today and secure this opportunity before it is gone! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 9.7 × 11.2 feet | |
| Living room | 13.2 × 13 feet | |
| Bedroom | 14.2 × 8.11 feet | |
| Bedroom | 9.2 × 10.6 feet | |
| 4pc Bathroom | x x x | |
| Kitchen | 9.7 × 11.2 feet | |
| Living room | 13.3 × 13 feet | |
| Bedroom | 14.1 × 8.1 feet | |
| Bedroom | 9.3 × 11 feet | |
| 4pc Bathroom | x x x |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 10 × 12.7 feet | |
| Living room | 13.9 × 14 feet | |
| Bedroom | 9.8 × 11.3 feet | |
| Bedroom | 9.4 × 14.8 feet | |
| 4pc Bathroom | x x x | |
| Kitchen | 10 × 12.7 feet | |
| Living room | 13.9 × 14 feet | |
| Bedroom | 14.8 × 9.4 feet | |
| Bedroom | 11.3 × 9.5 feet | |
| 4pc Bathroom | x x x |
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
4.03%
Cap rate
5.67%
GRM
12.0
Break-even rent
$2,965
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
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 11, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Start with mosques, schools, halal restaurants, halal grocery, and transit. Toggle more categories when you want the fuller neighborhood picture.
550 m away
straight-line
Saskatoon Halal Meat & Groceries (Formerly Brothers 22nd Street W)
2305 22 St W, Saskatoon, SK S7M 3G1, Canada
4.1★ · 110 reviews
640 m away
straight-line
750 m away
straight-line
510 m away
straight-line
560 m away
straight-line
750 m away
straight-line
Saskatoon Dawah & Community Center and Mosque
2220 20th St W, Saskatoon, SK S7M 3G3, Canada
4.8★ · 113 reviews
430 m away
straight-line
1.8 km away
straight-line
Hussaini Association of Saskatoon Mosque
702 Windsor St, Saskatoon, SK S7K 0Y9, Canada
4.7★ · 38 reviews
4.2 km away
straight-line
2515 18 St W, Saskatoon, SK S7M 4A9, Canada
810 m away
straight-line
205 Montreal Ave N, Saskatoon, SK S7L 3N6, Canada
1.0 km away
straight-line
431 Avenue T N, Saskatoon, SK S7L 3B5, Canada
1.1 km away
straight-line