830 5th STREET NE

Weyburn · MLS® SK031566

1 sq ft lot · Land · Vacant Land · 208 days on market

listed by John Chung, RE/MAX Crown Real Estate

realtor's description

Property Tax abatement(certain restrictions apply). Rare multifamily development opportunity in Weyburn SK. This is a 0.85-acre parcel (including road) with an UNDERGROUND PARKADE already constructed and ready for vertical build-out. Situated in a desirable neighborhood, this site is perfect for multifamily investors or developers seeking to complete remaining residential units and capture strong rental/sales demand. The existing parkade offers significant time and cost savings; finish the build to deliver a competitive product as tenants highly prefer underground parking, enhancing marketability and returns.

property details

type: Land, Vacant Land
lot: 1 sq ft
parking: 0
property tax: $11,371 / yr
days on market: 208
MLS®: SK031566

monthly cost

$5,087/mo

Mortgage $4,139 · Tax $948

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$4,139/ monthly

loan $759,999

25-year amortization

down payment20% · $190,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $481,717
cash to close: $190,000; down payment; transfer tax and fees not included
total paid: $1,241,716

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.