• $1,151,500
  • Est payment $6181.5/mo

1 Stanley PL, Saskatoon, SK S7L 1C3

258111979 52.14461 -106.6695 3144 /listing/258111979-151314591/1-stanley-pl-saskatoon-sk-s7l-1c3 False 0 1151500.0 101 SK793780 True

Property & Neighborhood Info

Courtesy Of RE/MAX Bridge City Realty

Commercial in Saskatoon

7 residential houses backing onto commercial steps away from Polytec. These are rental holding properties located on a cul-de-sac in Kelsey Woodlawn. Stanley Place is zoned DCD2 and is apart of Saskatoon's growing forward plan .(growing forward.ca) These are all low income rentals rented monthly as follows ...#1(2 bdrm house)/ $1,200.00 , #2 (2bdrm house)/$1,200.00 , #3 (2 bdrm house)/$1,100.00 , #4 (3 bdrm house) / $1,600.00 , #9 (3 bdrm house)/ $1,400.00 , #11 (2 bdrm house) / $1,200.00 and #12 (2 bdrm house) / $1,300.00. Approximately $9,000.00 a month plus utilities are paid by the tenant. Annual gross income of approximately $108,000/year. There is a proforma in supplements showing potential for a 13% ROI. Also potential for extended value should you later syndicate the remaining houses on Stanley. Please confirm all information going forward with the city of Saskatoon. The city recognizes a B3 and a RM3 as approved zoning providing that their guidelines are met and consolidation has been achieved. Great investment going forward with the city growth plan. Properties are always rented and are only in fair condition. Please contact a salesperson for any further information. (id:7668)

Courtesy Of RE/MAX Bridge City Realty

Main Features

  • Listing Status: Active
  • Year Built: 1948
  • Subdivision: Kelsey/Woodlawn
  • MLS® Number:SK793780

Additional Features

  • Business Type:
    • Other
  • Neighborhood:
    • Kelsey/Woodlawn
  • Board:
    • Saskatoon Region Association of REALTORS Inc.
  • Transaction Type:
    • For sale
  • Alt Listing ID:
    • SK793780
  • Ownership Type:
    • Freehold
Neighborhood info courtesy of Homes.com © 2020
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Earl Cooper
Earl Cooper
Earl Cooper Real Estate PC Inc.
Associate
3020 Arlington Avenue Saskatoon SK S7J 2J9
52.14461 -106.6695

1 Stanley PL Saskatoon, SK S7L 1C3

258111979 52.14461 -106.6695 3144 /listing/258111979-151314591/1-stanley-pl-saskatoon-sk-s7l-1c3 False 0 1151500.0 101 SK793780 True
  • $1,151,500