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5 250 Idylwyld DRIVE N
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Saskatoon · Business · under $150,000. Alerts only send when there are new or meaningfully updated matching homes.
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Seize the opportunity to own the Idylwyld Convenience Store, a well-established, newly renovated business located at 250 Idylwyld Dr N #5, Saskatoon. This modern, turn-key store is strategically positioned in a high-traffic area with around 3,000 vehicles passing daily, surrounded by key businesses such as the Saskatchewan Health Office, multiple hotels, and residential areas. The 1,236 sq. ft. store features a spacious layout, large storeroom, and dedicated washroom. Equipped with new coolers, freezers, a slush machine, an ATM, Bitcoin machine, and lottery machine—all purchased in 2024 with warranties—it’s fully stocked and ready for success. Projected annual revenue is approximately $240,000, with an inventory value around $25,000. With 1 full-time and 2 part-time employees, this business also benefits from additional income through Lucky Mobile dealership services. Rent is $1,592 plus $1,060.90 occupancy cost, with a 5-year lease in place. Don’t miss this chance to own a thriving business in a prime Saskatoon location! (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
76.35%
Cap rate
20.13%
GRM
4.1
Break-even rent
$806
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 Jul 3, 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.
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