6000 8th STREET E
Saskatoon, Saskatchewan
MLS® SK028486
$3,500,000
- Status
- Active
- Property type
- Vacant land
- MLS® number
- SK028486
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 7Listing description
80 acres located within Saskatoon city limits in the Holmwood Sector Plan, designated as Neighbourhood 4. Positioned approximately 3 km east of McOrmond Drive along 8th Street East, this parcel represents one of the final large tracts within city boundaries before the RM of Corman Park. Currently zoned FUD and leased for agricultural use on a year-to-year basis.
Annual property taxes are approximately $1,512 with existing lease income of approximately $4,500, providing positive holding carry. Offered at $43,750 per acre, consistent with current urban holding land values in the sector. First time offered in over 40 years.
Strategic land banking opportunity within a planned urban growth corridor supported by the City of Saskatoon’s Sector Plan. Ideal for patient investors, developers, or capital preservation strategies seeking long-term appreciation within city limits.
Property summary
- MLS® number
- SK028486
- Property type
- Vacant Land
- Title
- Freehold
- Land size
- 80 acres
- Annual property taxes
- $1,512.00
- Days on market
- 229 days
What would this home cost you?
Based on the $3,500,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of LPT Realty, Regina.
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.