17,424 ft²
Land / Multifamily

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CBRE Limited is pleased to offer for sale this 0.4 acre multifamily development site in prestigious Varsity View. Zoned RM3 this site currently consists of five (5) houses and offers the opportunity for the construction of a low-rise, ~24-28 suite, apartment/condo building. The Development has the potential to be the standout rental property in the Varsity View neighborhood. The Subject Property is conveniently located just minutes from the University of Saskatchewan next at the intersection of Clarence Avenue South and Colony Street in Saskatoon’s east-side.

The Space
Asking Price$1,900,000
Available Space17,424 ft²

The Lot

Address: 1001-1009 Colony Street, Saskatoon, SK S7N 0S3 Legal Description: 120153721, 120320626, 120153406, 120153417, 120153428 Building Footprint: 8,180 Sq. Ft. Ground Floor: 8,169 Sq. Ft. Second Floor: 8,159 Sq. Ft. Third Floor: 8,159 Sq. Ft. Total Area: 24,487 Sq. Ft. Site Size: 0.4 Acre Zoning: RM3 Suites: Approximately 24-28 Asking Price: $1,900,000.00

Property TypeLand / Multifamily
Lot Size0.04 AC