Weyburn Multifamily Investment Market

Weyburn Multifamily Investment

Name: Canada's Home Commercial — Weyburn Multifamily
Address: Weyburn, SK, CA
Telephone: +1-306-491-6539
Price range: $$$

Apartment buildings, fourplexes and purpose-built rentals for sale in Weyburn. Alberta & Saskatchewan Commercial.

Talk to a Broker All Weyburn Properties

6.0–7.5%Cap Rate

$950–1,400/moAvg Suite Rent

5–9%Rental Vacancy

4–6%Annual Rent Growth

6.0–7.5%

Cap Rate

$950–1,400/mo

Avg Suite Rent

5–9%

Rental Vacancy

2.1%

Annual Population Growth

Weyburn Multifamily — Submarket Overview

Weyburn is Southeast SK; oil capital and agriculture hub. The multifamily market benefits from Saskatchewan's strong fundamentals: 2.1% annually population growth and 6% PST applies on commercial leases.

Submarket	Typical Size	Avg Rent/Mo	Vacancy	Cap Rate
Downtown Weyburn	25–100 units	$950–1,400/mo	5–9%	6.0–7.5% cap rate
Weyburn West	8–24 units	$950–1,400/mo	5–9%	6.0–7.5% cap rate
Central Weyburn	4–12 units	$950–1,400/mo	5–9%	6.0–7.5% cap rate

Weyburn Multifamily Investment Guide

Multifamily investment in Weyburn spans fourplexes, walk-up apartment buildings, and purpose-built rental mid-rises. Cap rates vary by age, condition, suite mix, and management quality. Investors should underwrite to stabilized occupancy and realistic rental growth — not peak rents.

Underwriting Multifamily in Saskatchewan

Key metrics: current vs. market rents (rent upside), unit mix (bachelor/1-bed/2-bed), vacancy history, capex reserve requirements, and financing availability. Saskatchewan has strong long-term multifamily fundamentals driven by 2.1% annually population growth.

Financing and Tax Considerations

CMHC-insured financing is available for qualifying rental properties, offering lower rates and higher loan-to-value ratios than conventional lending. 6% PST applies on commercial leases. Consult a tax advisor regarding CCA implications and capital gains exposure.

Other Asset Types in Weyburn

Canada's Home Commercial covers all commercial asset classes in Weyburn. Explore the other property types available:

All Weyburn Properties

Full market overview — all asset classes, submarkets and investment data.

Industrial

Warehouse, bay and flex space for lease; industrial investment for sale.

Retail

Inline space, pad sites and strip centres for lease and sale.

Land

Industrial, commercial and development land for sale.

Further Reading → Saskatchewan Commercial Real Estate Cap Rates 2025 → Western Canada Growth Story

Weyburn Multifamily — Frequently Asked Questions

What are apartment cap rates in Weyburn?

Weyburn multifamily cap rates range from 5.5–7.0% in 2025. Newer purpose-built rentals with professional management trade at the tight end; older walk-up buildings with value-add potential trade wider.

What is rental vacancy in Weyburn?

Weyburn rental vacancy is approximately 3–7% as of 2025 — a landlord-friendly market driven by population growth, limited new supply, and strong migration from higher-cost cities.

What are average rents in Weyburn?

Average rents in Weyburn range from $1,200–1,700/month for a 1-bedroom to considerably more for newer 2-bedroom units. Rents have grown steadily as vacancy tightened.

How do I buy an apartment building in Weyburn?

Contact Canada's Home Commercial via our contact form, or call +1-306-491-6539. We represent buyers in off-market and on-market apartment transactions, from fourplexes to 100+ unit complexes.

Why invest in Weyburn multifamily real estate?

Weyburn offers strong multifamily fundamentals: 2.1% annually population growth, tight vacancy, and rent growth that outpaces inflation. 6% PST applies on commercial leases further improves net returns for investors.

Ready to Invest in Weyburn Multifamily?

Our Saskatchewan advisors know every submarket and every opportunity. Contact us today.

Your local Canada's Home Commercial team: Regina →