89 Horkoff Avenue Wadena, Saskatchewan S0A 4J0
$350,000
Well-positioned four-plex offering strong income potential and long-term investment stability in the community of Wadena. This 1,560 sq. ft. property features a total of 5 bedrooms and 4 bathrooms across four self-contained units, making it well suited for investors seeking diversified rental income within a single asset. Current tenancy includes three occupied units with one vacant suite, providing immediate upside through lease-up. Existing rents total $2,700/month, with market rents supporting approximately $4,100/month when fully stabilized (utilities included), offering a clear path to improved cash flow. Capital improvements include an updated furnace and new plumbing, helping reduce near-term maintenance risk and support long-term asset durability. The unit mix and utility-included rent structure align well with local tenant demand, contributing to consistent occupancy potential. The seller prefers to sell this property as part of a portfolio package alongside 245 3rd Street and 633/635 3rd Street, presenting a rare opportunity to acquire multiple income-producing properties in one transaction. Ideal for investors seeking scale, value-add potential, and long-term rental performance in a growing regional market. (id:51699)
Property Details
| MLS® Number | SK027322 |
| Property Type | Single Family |
| Features | Corner Site, Irregular Lot Size |
Building
| Bathroom Total | 4 |
| Bedrooms Total | 5 |
| Appliances | Washer, Refrigerator, Dryer, Stove |
| Architectural Style | Bi-level |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1970 |
| Heating Type | Forced Air |
| Size Interior | 1560 Sqft |
| Type | Fourplex |
Parking
| Gravel | |
| Parking Space(s) | 4 |
Land
| Acreage | No |
| Size Irregular | 0.27 |
| Size Total | 0.27 Ac |
| Size Total Text | 0.27 Ac |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Kitchen | 9 ft ,10 in | 7 ft ,10 in | 9 ft ,10 in x 7 ft ,10 in |
| Basement | Living Room | 13 ft ,5 in | 13 ft ,11 in | 13 ft ,5 in x 13 ft ,11 in |
| Basement | 4pc Bathroom | 4 ft ,11 in | 6 ft ,6 in | 4 ft ,11 in x 6 ft ,6 in |
| Basement | Bedroom | 9 ft | 16 ft ,6 in | 9 ft x 16 ft ,6 in |
| Basement | Other | 4 ft | 14 ft | 4 ft x 14 ft |
| Basement | Laundry Room | 9 ft ,6 in | 14 ft | 9 ft ,6 in x 14 ft |
| Basement | Kitchen | 7 ft ,11 in | 9 ft ,6 in | 7 ft ,11 in x 9 ft ,6 in |
| Basement | Living Room | 13 ft ,4 in | 13 ft | 13 ft ,4 in x 13 ft |
| Basement | 4pc Bathroom | 4 ft ,11 in | 6 ft ,5 in | 4 ft ,11 in x 6 ft ,5 in |
| Basement | Bedroom | 12 ft | 9 ft ,7 in | 12 ft x 9 ft ,7 in |
| Main Level | Kitchen | 7 ft ,9 in | 13 ft ,1 in | 7 ft ,9 in x 13 ft ,1 in |
| Main Level | Living Room | 14 ft ,4 in | 13 ft ,1 in | 14 ft ,4 in x 13 ft ,1 in |
| Main Level | 4pc Bathroom | 5 ft | 7 ft | 5 ft x 7 ft |
| Main Level | Bonus Room | 10 ft ,9 in | 7 ft ,9 in | 10 ft ,9 in x 7 ft ,9 in |
| Main Level | Bedroom | 11 ft ,3 in | 11 ft ,11 in | 11 ft ,3 in x 11 ft ,11 in |
| Main Level | Kitchen | 7 ft ,9 in | 13 ft ,1 in | 7 ft ,9 in x 13 ft ,1 in |
| Main Level | Living Room | 14 ft ,4 in | 13 ft ,1 in | 14 ft ,4 in x 13 ft ,1 in |
| Main Level | 4pc Bathroom | 5 ft | 7 ft | 5 ft x 7 ft |
| Main Level | Bedroom | 10 ft ,9 in | 7 ft ,9 in | 10 ft ,9 in x 7 ft ,9 in |
| Main Level | Bedroom | 11 ft ,3 in | 12 ft | 11 ft ,3 in x 12 ft |
https://www.realtor.ca/real-estate/29284499/89-horkoff-avenue-wadena
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
January 23 2026 07:15:08
Saskatoon Region Association of REALTORS® Inc.
Aspaire Realty Inc.