About 1320 College Drive
Visit REALTOR® website for additional information. 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
Features of 1320 College Drive
| MLS® # | SK978220 |
|---|---|
| Price | $1,880,000 |
| Bathrooms | 0.00 |
| Acres | 0.16 |
| Year Built | 1977 |
| Type | Multi-Family |
| Sub-Type | Residential Only |
| Status | Active |
Community Information
| Address | 1320 College Drive |
|---|---|
| Subdivision | Varsity View |
| City | Saskatoon |
| Province | Saskatchewan |
| Postal Code | S7N 0W5 |
Amenities
| Amenities | Shared Laundry |
|---|---|
| Parking Spaces | 5 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Fridge, Stove, Washer, Dryer |
|---|---|
| Heating | Forced Air, Natural Gas, Electric, Hot Water |
| Fireplace | No |
Exterior
| Exterior | Stucco |
|---|---|
| Exterior Features | Trees/Shrubs, Balcony |
| Construction | Wood & Frame |
Additional Information
| Date Listed | July 30th, 2024 |
|---|---|
| Days on Market | 49 |
Listing Details
| Office | PG Direct Realty Ltd. |
|---|