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128 Railway AVENUE
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Beds
2
Baths
1
Sqft
1,004
Year
1920
Type
Single Family
On market
93d
*** For more information, please click the "More Information" button. *** Welcome to an affordable opportunity in the quiet community of Margo, Saskatchewan—just a short drive to several well-known lakes including Margo Lake, Stoney Lake, Pelican Lake (Whitesand), and the popular Fishing Lake, most within 5–10 miles. Enjoy boating, swimming, walleye and pike fishing, or simply relaxing in the peaceful scenery. The area offers excellent year-round recreation as well as great hunting nearby. This 686 sq. ft. home, built in 1920, is a handyman special with solid bones and the opportunity to make it your own. Full of classic character and simple charm, the home features two bedrooms and one bathroom. It’s an ideal option for a starter home, retirement retreat, weekend getaway, or a cozy space for a couple, small family, or friends looking to share lake-country adventures. The home sits on two spacious lots surrounded by mature trees that provide privacy and a peaceful rural setting. Large windows bring in natural light while the practical layout makes efficient use of the space and leaves room for improvements and personal touches. A standout feature is the detached single-car garage, offering versatile space for parking, storage, recreational gear, tools, or a workshop. The garage includes a wood stove, allowing comfortable use during colder months for projects or winter storage. The yard spans approximately 12,500 sq. ft., creating a generous outdoor space with room for campers, tents, lawn chairs, BBQs, a fire pit, or a large garden. This property offers exceptional value and strong potential near Saskatchewan’s beautiful lakes. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Other | 7 × 14 feet | |
| 3pc Bathroom | 7 × 8 feet | |
| Kitchen/Dining room | 14 × 9 feet | |
| Living room | 14 × 10 feet | |
| Foyer | 14 × 7 feet | |
| Bedroom | 9 × 8 feet | |
| Primary Bedroom | 12 × 8 feet |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Bonus Room | 17 × 15 feet | |
| Bonus Room | 9 × 7 feet |
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).
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
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. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider 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 May 14, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Margo. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.