Amazing opportunity in the recession proof Care Home Industry. This 51 unit care home sitting on a beautiful 5 acre parcel within the city has been fully renovated and is in turn-key condition, including updated commercial kitchen and dining facilities. Within the property grounds there is also an extra 48 rental units in 7 buildings. Nursing home can accommodate residents requiring Level 1, 2 and 3 care. There are currently only 28 residents out 51 available spots in the nursing home and there are only 39 of 48 of the residential rental units occupied, so with the right management team the remaining units could be filled and the true value of the business can be realized. Financials are available upon request
Listing Area:
Prince Albert
Listing Subarea:
West Flat
Property Type:
Commercial
Property Sub Type:
Other (See Member Only Remarks)
Year built:
1964
(Age: 61)
Total Floor Area:
15,555 sq. ft.1,445 m2
Taxes:
$80,239 /
2024
Frontage:
500'152 m
Ownership Title:
Freehold
Business Type:
Care Home\Rental Units
Elevator:
Passenger Only
Assets Include:
Equipment & Machinery, Fixtures, Goodwill, Inventory, Parking, Supplies, Trade Name
Data was last updated March 3, 2025 at 11:35 PM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$413,900
Min list price:
$109,900
Max list price:
$3,750,000
Avg days on market:
173
Min days on market:
6
Max days on market:
363
Avg price per sq.ft.:
$108.39
These statistics are generated based on the current listing's property type
and located in
Prince Albert. Average values are
derived using median calculations.
The Saskatchewan REALTORS® Association (SRA) IDX Reciprocity listings are displayed in
accordance with SRA's MLS® Data Access Agreement and are copyright of the Saskatchewan REALTORS® Association (SRA).
The above information is from sources deemed reliable but should not be relied upon without independent verification.
The information presented here is for general interest only, no guarantees apply.
Trademarks are owned and controlled by the Canadian Real Estate Association (CREA).
Used under license.
MLS® System data of the Saskatchewan REALTORS® Association (SRA) displayed on this site is refreshed every 2 hours.