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Renanza Realty
For sale

814 20th STREET W

Saskatoon, Saskatchewan

MLS® SK035495

$429,900

Status
Active
Property type
Business
MLS® number
SK035495
Bedrooms
Bathrooms
Year built
1912

Listing description

High Cash Flow Property with Flexible Layout & Heated Garage. Discover a rare high cash-flow investment opportunity located along a prime commercial corridor in Downtown Saskatoon. Zoned B5C Commercial and currently configured for residential rental use, this versatile property offers strong income potential with approximately $3,900/month in rental revenue.

The main floor features three rooms previously used for massage/therapy business purposes, plus an additional bedroom and a 3-pc bathroom — ideal for a home-based business setup, professional services, or flexible rental configurations. The second floor offers a comfortable 3-bedroom residential living space complete with its own 3-pc bathroom, kitchen, living room, balcony access to the rear deck, and a separate rear entrance, making it well-suited for rental income or owner occupancy. The flexible multi-room layout provides excellent functionality for investors, multi-tenant occupancy, or owner-users seeking mortgage support through supplemental rental income.

Recent improvements totaling approximately $50,000+ help reduce future maintenance concerns while enhancing the property’s overall functionality and rental appeal. Additional features include updated flooring and paint, multiple bedrooms and bathrooms, functional common areas, balcony and patio access, and a spacious heated drive-through garage/shop space measuring approximately 19’ x 29’ — ideal for storage, workshop use, or small business operations. Situated in a high-exposure location with convenient access to major routes, commercial amenities, and transit, this property offers both immediate cash flow potential and long-term upside value.

A unique opportunity for investors seeking strong returns and future flexibility in a commercially zoned property. Buyers are advised to verify all measurements, zoning, and intended uses with the City of Saskatoon.

Property summary

MLS® number
SK035495
Property type
Business
Square footage
3,049 sq ft
Title
Freehold
Land size
3250 square feet
Built in
1912
Annual property taxes
$3,410.00
Days on market
107 days

Features & details

Heating
Other

What would this home cost you?

Based on the $429,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,000 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of L&T Realty Ltd., Saskatoon.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.