




This 9-bedroom, 6-bathroom single family in Lanigan offers 3,456 sqft of living area on a 12,000 sqft lot. Built in 1967, 2 storeys. The property has lot dimensions of 12000.00. The home features forced air, natural gas heating, a unfinished, full basement.
This listing includes a TRIPLEX and DUPLEX (5 UNITS), with an identical package also available across the alley for a full 10-unit investment.(MLS SK030881) 10 Doors Potential. 2 Properties. 1 Opportunity. This is the kind of investment that doesn’t come around often offering two income-generating packages, each consisting of a triplex and a duplex (5 units perpackage), with the option and strong preference to purchase both sides of the alley together for a full 10-unit portfolio. Each unit features a spacious 1,152 sq. ft. two-storey layout with 3 bedrooms and 2 bathrooms, making them highly desirable for long-term tenants. The properties are fully occupied with consistent demand, and vacancies are quickly filled thanks to an existing waitlist and steady inquiries. A major capital expense has already been taken care of with NEW SHINGLES completed in 2026. Located in the growing community of Lanigan, this investment is ideally positioned near major employment opportunities including Nutrien Potash Mine, the BHP Jansen Potash Mine, and Aspen Power Station. With so much growth and employment in the area, rental demand stays consistently strong, exactly what investors want to see for long-term stability. Built with solid concrete construction from the ground up, these properties offer durability and long-term peace of mind. Each unit is independently metered for utilities and each tenant pays their own utilities. Each unit is also equipped with in-suite laundry hookup located in the basement, Value-add potential is already in motion, with some units fully renovated, with flooring, paint, vanities and counter tops. Others partially updated, and a small number offering the opportunity for cosmetic improvements to further increase rental income and overall return. Recent updates include new shingles completed in 2026, and each unit includes one powered parking stall. With strong tenant retention and proven rental performance, this is a turnkey multi-family investment. (id:60351)
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Listed by Chantel Fleischhacker, eXp Realty
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Listing represented by Chantel Fleischhacker, eXp Realty · MLS# SK030891
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Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.