10 Pearl Avenue, Killaly
Turnkey, fully rented income-producing investment with strong cash flow. This well-maintained, wheelchair-accessible 7-suite multi-family property offers an outstanding opportunity for investors seeking stable rental income. Conveniently located just minutes from Melville, this approximately 5,500 sq. ft. building sits on a generous 140' x 150' lot and features seven fully rented well-maintained rental suites, including four 1-bedroom units, two 2-bedroom units, and one bachelor suite. Designed for tenant comfort and ease of management, the property offers a spacious common area, free shared laundry, private patio space for each suite, beautifully maintained green space, and six electrified parking stalls. The building has been well cared for and provides comfortable living in a quiet community, making it attractive to long-term tenants. With an approximate gross annual rental income of $68,400, estimated operating expenses of $29,000, and an approximate Net Operating Income (NOI) of $39,400, this property presents a solid investment opportunity with immediate income and future appreciation potential. Whether you're expanding your real estate portfolio or purchasing your first multi-family investment, this property offers an excellent combination of cash flow, stability, and value. All measurements, income, expenses, and projections are approximate and should be independently verified by interested buyers. (id:1945)
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Property details for 10 Pearl Avenue, Killaly
- Type
- Multi-family
- Style
- Low rise
- Lot Size
- 21000.00
- Stories
- 1
- Heating
- Electric, Natural gas, Hot Water
- Ownership
- Freehold
- Annual Taxes
- $4,387 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 10 Pearl Avenue
Active Listings
1
Min Price
$349,000
Max Price
$349,000
Avg Price
$349,000
Days on Market
182
days
Sold Listings
1
Min Sold Price
$93,000
Max Sold Price
$93,000
Avg Sold Price
$93,000
Days until Sold
5
days
Neighbourhood Census Data
Killaly, Saskatchewan
Population
65
Median Age
35.8
Housing Tenure
Owners 60%
Renters 60%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.2
Pop. Density: 25.1/km²
Owners with Mortgage: 0%
English only: 100%
Median Household Income: $54,784
Price History
Listed
March 19, 2026
by RE/MAX Blue Chip Realty
Current Price
$349,000
-7.9% from last change
Type
Multi-family
For Sale
Price Changes
2
| Date | Price | Change |
|---|---|---|
| Current | $349,000 | $30,000 (-7.9%) |
| Jun 29, 2026 | $379,000 | $66,000 (-14.8%) |
| May 19, 2026 | $445,000 | Listed |
