Approx $300k annual gross rent. Wonderful opportunity to own A 16 townhouse complex with modern day construction. All 16 units have indoor secure parking in the garage. This complex was built to condominium spec and has the ability to be turned into individual condo units. Located in the heart of Saskatoon and walking distance to all of the downtown amenities. The demographic of the complex is a young vibrant community. Financial and expense reports available to bonafide buyers. Sellers are willing to carry a second mortgage, terms and conditions are to be negotiated.
Total Floor Area:
Property Type:
Home Style:
MLS Number:
SQFT
Residential
Multi-Family Home
SK986612
Year Built:
Listing Area:
2014
Riversdale Saskatoon S7M 1P9
Property Features
This multi-family residential property is located in the Riversdale subarea of Saskatoon and features a row/townhouse building type with two storeys, built in 2014 (11 years old). The ownership title is freehold, and the annual taxes for 2023 were $20,759. The construction is wood frame with a combination of metal, wood, and other exterior finishes, complemented by wood flooring inside. The property offers forced air heating powered by natural gas and is equipped with smoke detectors. Outdoor features include a fenced garden area. The site is fully landscaped and influenced by its proximity to public transit and a shopping center, catering to an adult-oriented demographic. The building has 16 two-bedroom units, all tenant-occupied, with 16 parking places available. Equipment included with the property comprises fridges, stoves, washers, dryers, built-in dishwashers, and air conditioning.
