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Main Photo: 503 Thomson Street in Outlook: Commercial for sale : MLS®# SK019878
Photo 1: 503 Thomson Street in Outlook: Commercial for sale : MLS®# SK019878
Photo 2: 503 Thomson Street in Outlook: Commercial for sale : MLS®# SK019878
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Photo 17: 503 Thomson Street in Outlook: Commercial for sale : MLS®# SK019878
Status:
Active
Prop. Type:
Commercial
MLS® Num:
SK019878
Excellent Investment Opportunity! This 12-unit apartment building is located in a thriving and growing community just a short drive from Saskatoon. With strong rental demand and steady income potential, this property is a perfect addition to any investor’s portfolio. The building was upgraded with a new sloped roof, boiler system, added balconies to all units above grade with privacy walls between units close to each other. Besides the polished update exterior (windows 2019, siding, eavestroughs and soffits) the inside has also had a complete renovation. There is 7× 1 bedroom and 5 x 2 bedroom units bringing in just under 10,000/ month in revenue. Two of the units have not been renovated due to long term tenants. With this turn key operation it’s an ideal choice for long-term growth and stability for your money! Don’t miss this chance to secure an opportunity that does not often happen, call today and take part of this real estate investment in a community on the rise!
Listing Area:
Outlook
Property Type:
Commercial
Property Sub Type:
Mixed Use
Year built:
1967 (Age: 58)
Total Floor Area:
14,311 sq. ft.
Taxes:
$0 / 2025
Frontage:
119'
Ownership Title:
Freehold
Elevator:
None
Assets Include:
Equipment & Machinery, Fixtures, Parking
Sprinkler system:
No
Heating:
Hot Water
Heating Source Location:
In-Unit
Construction:
Wood Frame
Parking Facility: Yes
Occupancy:
Tenant
Power Type:
Single Phase
Lot Size:
14,375 sq. ft.
Fences:
None
Parking places electrified:
12
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Listed by RE/MAX Shoreline Realty
Data was last updated October 10, 2025 at 09:35 AM (UTC)
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