42 Rural Address, Melville, SK S0A 2P0
42 Rural Address, Melville, SK S0A 2P0
42 Rural Address, Melville, SK S0A 2P0
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$3,360,000
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Key Details

Property Type Multi-Family

Sub Type Residential

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID SK048132

HOA Y/N No

Year Built 1976

Annual Tax Amount $47,100

Tax Year 2026

Property Sub-Type Residential

Property Description

Rare opportunity to acquire an established 42-unit apartment portfolio in Melville, Saskatchewan as a single transaction. The offering comprises three well-maintained walk-up buildings — 851 Scotia Street, 860 Scotia Street and 161-171 12th Avenue West — built in 1976. Suites are predominantly two-bedroom; all above-grade units are air-conditioned, and the property provides electrified parking with a stall for every unit. Renovated suites showcase newer flooring, updated kitchens and with newer appliances, refreshed bathrooms and trim throughout.

What sets this offering apart is the team already in place. A highly experienced property manager handles day-to-day operations alongside a capable on-site resident manager, giving a purchaser a genuinely turnkey asset with established systems and no learning curve. Ownership has also completed substantial capital expenditures in recent years, including roofing, mechanical and boiler systems, windows, common areas, and some full-suite renovations, with further work underway, meaning the major building envelope and system investments have largely been made. Melville is a CN Rail divisional point with an economy anchored by rail, agriculture, potash, healthcare and education. The portfolio has previously qualified for CMHC-insured financing. Request the Buyer's Package today.

Location

Province SK

Community Laundry Facilities

Area Melville

Interior

Interior Features Window Treatments

Heating Hot Water

Cooling 1 Unit

Flooring Wood

Fireplace No

Window Features Window Treatments

Appliance Dishwasher, Refrigerator, Stove

Laundry Common Area

Exterior

Exterior Feature Landscaping

Community Features Laundry Facilities

Total Parking Spaces 42

Building

Lot Description Sprinklers None

Dwelling Type Low Rise,Multi Family

Others

Pets Allowed No

Ownership Freehold

Security Features Smoke Detector(s)

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Listed byCentury 21 Fusion
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42 Rural Address

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