For Sale · Land

1902 22 STREET W, Saskatoon

1902 22 STREET W, Saskatoon, SK S7M0T9

$249,900 total

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Asset Class

Land

Size

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Building class

A

Zoning

UR — Urban Reserve

$ / SF

—

Occupancy

98%

Lot Size

0.16058310376492194 ac

About this property

Prime Development Opportunity! Excellent location to own a vacant lot on 22nd Street West, Saskatoon, featuring CM1 zoning. Ideally suited for commercial development, this property offers excellent potential for investors, developers, and business owners looking to establish or expand in an established area. Don't miss this opportunity to secure a versatile development site! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$250K
Down payment30% · $75K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$14K

Annual cash flow

$422

Cash-on-cash

0.56%

DSCR

1.03

Going-in cap

5.71%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

61,725

Households

27,727

Median income

$94,500

Median age

42.9

Daytime population

88,994

5-yr growth

8.1%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 1902 22 STREET W, Saskatoon.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.