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447 Saskatchewan STREET
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Elbow · Hospitality · under $550,000. Alerts only send when there are new or meaningfully updated matching homes.
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Discover the delightful and lively resort community of Elbow, SK, nestled on the shores of Lake Diefenbaker. With convenient access to nearby Mistusinne and Douglas Provincial Park, this resort offers a variety of activities including swimming, boating, fishing, and golfing at the exquisite Harbour Golf Club & Resort. It's just an hour and 15 minutes from Saskatoon and Moose Jaw, and two hours from Regina. This family-run business has thrived for over 30 years and is remarkably simple to manage. The property features coded doors for secure, hassle-free entry and allows for telephone payments. Recent upgrades include a new boiler in 2023, fresh exterior paint from 2021-22, a water heater in 2014, shingles replaced about 8 years ago, new vinyl flooring from 2021-22, and a washer/dryer in 2021. New front concrete parking. It offers 9 rooms, with double rooms at $110 and single rooms at $75. An onsite small office contains the laundry and administrative area. Guests can enjoy a patio on the east side and a communal concrete deck adjacent to the restaurant and motel on the west. Delicious breakfast is conveniently available just steps away. The owner has the flexibility to manage this gem of a business on-site or remotely via phone while traveling. Don't miss out on this exceptional opportunity. (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 Oct 15, 2025.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Elbow. The listing facts above are live.