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 (28211389)
Property Type
Multi-family
Building Type
Multi-Family
Neighbourhood Name
Varsity View
Annual Property Taxes
$15,880 (CAD)
Time on REALTOR.ca
110 days
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