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Home SK Greater Saskatoon Division No. 11 Saskatoon Mayfair
1825 Idylwyld DRIVE N
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1825 Idylwyld DRIVE N $4,300,000
11 hours ago
$4,300,000
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1825 Idylwyld DRIVE N
Saskatoon, Saskatchewan S7L1B6

MLS® Number: SK025777

Listing Description

Net-leased commercial investment property secured by a long-term lease to a well-established health services provider delivering essential mental health, counselling, and addiction treatment services throughout Saskatchewan. The current net lease term extends to April 30, 2035, with an additional five-year renewal option, providing investors with long-term income stability. The lease generates net rental income commencing at $317,000 annually, with built-in annual escalations, offering predictable cash flow and inflation protection. Tenant operations are supported by stable funding through government and private programs. The property comprises a 56-room, two-storey, limited-service motel, constructed of concrete block with a peaked metal roof and a durable exterior finish of vinyl and wood siding. Significant capital improvements and renovations have been completed, including upgrades to security systems, furniture, flooring, and roofing, as well as comprehensive renovations to the lobby, laundry facilities, breakfast room, and washrooms. In recent months, a new commercial kitchen and metal access gate have been installed, further enhancing the functionality and value of the asset. Strategically located along the highly visible Idylwyld Drive commercial corridor, the property benefits from strong exposure and excellent accessibility, with convenient access to Saskatoon International Airport and Highways 5, 11, and 12—key transportation routes serving the region. This offering represents a compelling opportunity to acquire a stabilized, net-leased asset with a mission-critical tenant, long-term lease security, and strong fundamentals in a prominent commercial location. Buyer to verify all measurements for accuracy. Financial information available upon execution of a confidentiality agreement. (29223743)

Property Summary

Property Type
Hospitality
Neighbourhood Name
Mayfair
Title
Freehold
Land Size
0.91 ac
Built in
1967
Annual Property Taxes
$33,362
Time on REALTOR.ca
11 hours

Building

Building Features
Present Use
Hospitality / Resort
Fire Protection
Security
Building Amenities
Storefront
Heating & Cooling
Heating Type
(Electric), Hot Water, Other

Measurements

Square Footage
16392 sqft
Exterior Building Size
16392 sqft

Land

Lot Features
Frontage
325 ft
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Mitch Fuchs