1320 College Drive Saskatoon, SK S7N 0W5
Listing Courtesy of: SASKATCHEWAN / Pg Direct Realty Ltd.

  1320 College Drive Saskatoon, SK S7N 0W5

Active (80 Days)

Description

When Viewing This Property On Realtor.ca Please Click On The Multimedia or Virtual Tour Link For More Property Info. Discover an unparalleled investment opportunity with this modern 15-unit multi-residential property at 1320 College Drive, Saskatoon, directly across from the University of Saskatchewan. This property features a mix of boarder-style suites and spacious apartments, ensuring broad tenant appeal. It offers strong financials with a total annual rental income of $186,000 and additional laundry income of $2,500, leading to a net annual income of $139,413 after all expenses. Efficient tenant management through WhatsApp, strategic lease expirations, and high demand due to its prime location led to ZERO vacancies. With 5 electrified parking spots and modern amenities, this high-yield, low-maintenance property is a lucrative addition to any real estate portfolio. Don’t miss this exceptional investment

MLS®:
SK978220
Taxes
$15,880(2024)
Lot Size
6,970 SQFT
Type
Multifamily
Year Built
1977
Community
Varsity View

Listed By

Jonathan David, Pg Direct Realty Ltd.
Source
SASKATCHEWAN
Last checked Oct 18 2024 at 4:23 AM GMT+0000
Bathroom Details
Interior Features
  • Appliances : Dryer
  • Appliances : Washer
  • Appliances : Stove
  • Appliances : Fridge
Subdivision
  • Varsity View
Heating and Cooling
  • Natural Gas
  • Hot Water
  • Forced Air
  • Electric
Flooring
  • Concrete
Exterior Features
  • Stucco
Parking
  • Total Parking Spaces : 5
Location
   
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Disclaimer: Copyright 2024 Saskatchewan Realtors Association. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 10/17/24 21:23