GRAND OPPORTUNITY FOR INVESTORS! Portfolio of 6 side by side newer built 2023 two story style properties. Each including a individual legal basement suites. Total of 12 rental units included under a assumable CMHC blanket mortgage to be assumed (approximately 2.416 million), by the said purchaser. See Pro forma Brochure and rent roll in supplements. All agents to qualify any interested parties prior to confirming a time to view. Also the purchaser can make viewing all suites one of the said conditions of a accepted offer to follow as well. Otherwise it is understood at least 48 hours of notice is needed w/no showings on the weekend. Regarding utilities: - Tenants are responsible for utilities in each suite, seller only cover utility costs during any turnover that lasts longer than 1 month. - There are no common spaces to heat and light, so no costs there. - Main floors have natural gas furnaces and water heaters which are located in the utility room at the bottom - There is one water meter to each house. Water is billed through the sellers' property manager and charged back to the tenants (divided based on square footage I believe). In summary, in the basement stairwell, these utility rooms are smoke sealed from the basement suite and considered part of the main floor unit. - Basements have electric baseboard heat and electric water heaters located in the laundry closet. - Natural gas is only supplied to the main floor unit, and only billed to the main floor unit. - There are separate power meters for each suite. tenants are responsible for 100% of the utility costs during occupancy, the owners only cover vacant months. *Should you have any further interest please reach out to your commercial agent today.
With a total land area of 8,809 sqft this corner property is a great opportunity at $729,900.00 ( Also please note both #405 18th Street West $259,900.00 and #511 Ave D South $499,900.00 must also be purchased with #401 18th Street West separately together)This large lot is perfect for future multi family development zoned RM3. Please contact The City of Saskatoon through email with any future development questions at pamela.brotzel@saskatoon.ca. Any properties on this site during the listing are to be later demolished. And that timeline of current homes being demolished are to be later mutually agreed upon by both the buyer and seller and be incorporated into a accepted offer later follow this listing. Current potential to build a multi family building with a total area of all three properties totaling approximately .. 19,583 sqft of development area. Also please note higher percentage of river views from said units later to be built in said future development.
With a total land area of 7,282 sqft this property is a great opportunity at $499,900.00 ( Also please note both #405 18th Street West $259,900.00 and #401 18th Street West at $729,900.00, must also be purchased with #511 Ave D South, separately together)This large lot is perfect for future multi family development zoned RM3. Please contact The City of Saskatoon through email with any future development questions at pamela.brotzel@saskatoon.ca. Any properties on this site during the listing are to be later demolished. And that timeline of current homes being demolished are to be later mutually agreed upon by both the buyer and seller and be incorporated into a accepted offer later follow this listing. Current potential to build a multi family building with a total area of all three properties totaling approximately .. 19,583 sqft of development area. Also please note higher percentage of river views from said units later to be built in said future development.
With a total land area of 3,492 sqft this property is a great opportunity at $259,900.00 ( Also please note both #401 18th Street West $729,900.00 and #511 Ave D South $499,900.00 must also be purchased with #405 18th Street West separately purchased together)This large lot is perfect for future multi family development zoned RM3. Please contact The City of Saskatoon through email with any future development questions at pamela.brotzel@saskatoon.ca. Any properties on this site during the listing are to be later demolished. And that timeline of current homes being demolished are to be later mutually agreed upon by both the buyer and seller and be incorporated into a accepted offer later follow this listing. Current potential to build a multi family building with a total area of all three properties totaling approximately .. 19,583 sqft of development area. Also please note higher percentage of river views from said units later to be built in said future development.
Bungalow -style approximately 770 sqft , 2 bdrm 1 bath. Over $10,000 spent on upgrades newer kitchen, vinyl, paint priced accordingly and vacant. Neighboring property had a negative slope and had no valley to take away water which caused pooling and was problematic in the past. This was corrected recently with added poured concrete creating a positive grade along the north side of property. Also window wells were added. To date no longer any issues. The mechanical both the furnace and water heater purchased less than a year ago. The lot is fenced and has ample room for future garage with alley access.