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Bidding Ends
9 days, 14 hours (Subject to early close)
Starting Bid
CAD 250,000
0 bids    Reserve not metHow Bidding Works
Bid Increment
CAD 2,000

You will confirm this bid on the next page. How Bidding Works How Bidding Works
Buy Now Price
CAD 324,900
2 watchers

***This listing will expire on June 13, 2023***

Please See Seller Supplied Specifications Attached in the Documentation Section Below

Upon Placing A Bid, You Agree To And Accept These TERMS & CONDITIONS


Listing Details

Arcola, SK - Closes June 13, 2023
IP MarketPlace E
1 Parcel of Real Estate:
6 residential units
2 2-bedroom units
4 studio units
8 parking spaces
SK/Town of Arcola

Auction Information

Bidding on this real estate will close on June 13, 2023

Directions To Property

  • From Hwy 13 to Arcola, so South on Main Street to Souris Ave, then head West on Souris Ave to Couteau, property is on the right side – 201 Couteau Ave, Arcola, SK GPS 49.634493, -102.494945

SK/Town of Arcola

Parcel 1 – Lot 11-Blk/Par 9 Plan 58496 Ext 0 – 6-Plex Residential Revenue Property

  • Investment opportunity in the Town of Arcola. This 6 plex has been very well maintained and is ready for the next business owner. The main floor has four bachelor suites, and the lower level has the two 2-bedroom units.
  • All Units have A/C and are updated with newer decor.
  • The mechanicals of the building have newer electrical with separate meters for each unit, 3 hot water heaters and many more upgrades including windows, R5 Styrofoam insulation with new siding.
  • The building has shared laundry services for extra income. There is enough parking for 8 cars/trucks with outdoor plugs for the winter.
  • This is a turnkey operation with all tenants on a month-to-month lease. Great opportunity to build equity!

Property may be viewed by appointment

  • For More Information:
    1.866.490.3081 |
  • Brokerage: Ritchie Bros Real Estate Services Ltd.

Terms & Conditions

Payment Details
Successful bidders are required to pay a transaction fee
Each purchased Lot will be subject to a transaction fee (+ GST & + PST if applicable) of:

10% transaction fee on all Lots selling for $12,000 or less or

4.85% on all Lots selling for over $12,000, up to $75,000, with a minimum fee of $1,200 per Lot or

$3,638 on all Lots selling for over $75,000 (in the currency of the auction).

The transaction fee applies to on-site, online and proxy purchases.

This listing is offered with a reserve. If the reserve amount is met, the listing will be awarded and an invoice will be sent to the winning Buyer. If the highest offer does not meet the reserve amount, the Seller has 2 business days to review the offer and decide whether to accept or decline the offer.