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Home SK Division No. 11 Outlook
503 Thomson STREET
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503 Thomson STREET $1,250,000
Conditionally Sold
$1,250,000
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503 Thomson STREET
Outlook, Saskatchewan S0L2N0

MLS® Number: SK019878

Listing Description

Excellent Investment Opportunity! This 12-unit apartment building is located in a thriving and growing community just a short drive from Saskatoon. With strong rental demand and steady income potential, this property is a perfect addition to any investor’s portfolio. The building was upgraded with a new sloped roof, boiler system, added balconies to all units above grade with privacy walls between units close to each other. Besides the polished update exterior (windows 2019, siding, eavestroughs and soffits) the inside has also had a complete renovation. There is 7× 1 bedroom and 5 x 2 bedroom units bringing in just under 10,000/ month in revenue. Two of the units have not been renovated due to long term tenants. With this turn key operation it’s an ideal choice for long-term growth and stability for your money! Don’t miss this chance to secure an opportunity that does not often happen, call today and take part of this real estate investment in a community on the rise! (28970911)

Property Summary

Property Type
Business
Title
Freehold
Land Size
0.33 ac
Built in
1967
Annual Property Taxes
$8,666
Time on REALTOR.ca
73 days

Building

Heating & Cooling
Heating Type
Hot Water
Business
Business Type
Other

Measurements

Square Footage
14311 sqft
Exterior Building Size
14311 sqft

Land

Lot Features
Frontage
119 ft
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Jocelyne G Petryshyn