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700 Government ROAD
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Davidson · Business · under $550,000. Alerts only send when there are new or meaningfully updated matching homes.
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700 Government Road, Davidson, SK – LIVE, WORK & INVEST! Ideally located on Highway 11, approximately one hour from Saskatoon, Regina, and Moose Jaw, this unique 10,916 sq. ft. property offers the rare opportunity to operate a business while LIVING ON-SITE. Situated on a beautifully landscaped 2.3-acre lot, the property is currently configured with 11 LONG TERM RENTAL ROOMS, 2 shared kitchens and lounge area. When fully occupied, the property generates approximately $8,700 per month in rental income. The building features multiple guest suites, some with private bathrooms, a central foyer, shared kitchen, laundry facilities, and wide accessible hallways. A standout feature is the spacious 2,600 sq. ft. owner's residence, complete with 3 bedrooms, 2 bathrooms, a walk-in pantry, and a large kitchen and dining area from the former hospital. Large windows overlook the park-like yard, while a private patio provides the perfect space to relax. The residence also offers potential for conversion to a restaurant with outdoor patio seating. Additional features include a large garage with workshop, storage and office space, a full lower level with utility and storage rooms that may offer additional income or business opportunities, a NEWER natural gas boiler and hot water heating system, and a silicone roof installed in 2021. Zoned C1, with potential for High Profile Commercial rezoning, this versatile property may suit a motel, restaurant, brewery, retail operation, recreation facility, veterinary clinic, garden centre, tourism-based business, and more. A rare opportunity to combine income, business potential, and comfortable living in the heart of Saskatchewan. (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
-7.03%
Cap rate
3.46%
GRM
16.7
Break-even rent
$3,116
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.
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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 20, 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.