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Corman Park Rm No. 344 · Vacant Land · under $325,000. Alerts only send when there are new or meaningfully updated matching homes.
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Prime 9.91-Acre Highway Frontage Opportunity North of Martensville! Rare opportunity to own a highly visible 9.91-acre parcel along Highway 12, just minutes north of Martensville and Saskatoon. With excellent highway exposure and steady daily traffic, this property offers outstanding potential for those seeking a country residence, hobby farm, home-based business, or future development opportunity. The property is already well-equipped with an established access road, natural gas service, power, water service, and septic system in place, helping to reduce future development costs. A 24' x 30' shop provides immediate utility for storage, equipment, or workshop space. Currently zoned Residential, the property offers flexibility for a variety of uses, with buyers encouraged to explore future zoning or development possibilities with the appropriate authorities. The excellent location and visibility make it an attractive option for those looking for a potential sales lot, contractor yard, home-based business, or investment property. The land is fully fenced and includes two dugouts, providing a reliable water source for livestock and making it well-suited for hobby farming or agricultural pursuits. While there is a highway interest registered against a portion of the property, there remains a designated building area available for construction of a future residence. Whether you're looking to build your dream acreage, establish a business with exceptional exposure, or secure land in one of Saskatchewan's fastest-growing corridors, this property offers tremendous value and future potential. Don't miss this unique opportunity to invest in a prime Highway 12 location with services already in place and endless possibilities ahead. (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
11.10%
Cap rate
7.08%
GRM
10.0
Break-even rent
$1,837
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 Jun 1, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.