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Investment signal

$400,000

106 Vincent AVENUE E

Save this home

Beds

Baths

Sqft

8,856

Year

1923

Type

Business

Suite

Suite potential

Location nearby

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

About this home

A rare opportunity to own a multi-income commercial property in Churchbridge’s downtown core. Anchored by a well-established variety store offering liquor, lotto, and everyday retail items, this business benefits from consistent local traffic. Lotto licenses are limited across Saskatchewan, adding notable value to this operation. The store also serves the local hunting and fishing community with bait and licensing, supporting repeat business year-round. The building includes simple residential rental units providing monthly rental income. Most of the building is heated by natural gas through updated furnaces, with electric heat limited to smaller zones, including the upper rental units. On the main level, there is a commercial rental space with mobility-friendly access currently occupied by a well known massage therapist in the area. Adding to the property’s appeal is the popular BB Ice Cream shop, a local favourite that enhances seasonal foot traffic. A diversified investment with multiple revenue streams and strong community presence. (id:65958)

Subtype
Business
Common interest
Freehold
Living area
8,856 square feet
Lot size
0.29 acres
Lot dimensions
0.29
On market
Jan 22, 2026
Status changed
Apr 21, 2026
Annual tax
$3,165 (2025)
Photos
28
MLS#
SK027196
Area
CHURCHBRIDGE

Features and systems

Heating

Furnace
Negative cash flow ~$105/mo at these assumptions

Cash on cash

-1.57%

Cap rate

4.55%

GRM

13.9

Break-even rent

$2,510

Financing

Down payment$80,000
Loan amount$320,000
Mortgage$1,621/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$183
Insurance$80
Maintenance$333
CapEx reserve$167
Vacancy loss$120

Estimates 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.

Mortgage estimate

Estimated $1,621/mo at 4.5% with 20% down, 30-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 21, 2026.

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