1601 F AVENUE N new

Saskatoon,SK S7L1Y1

$ 420000

6 Beds

3 Baths

1461 SqFt


Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,461 sqft

Price per Sqft $287

Subdivision Mayfair

MLS Listing ID SK017374

Bedrooms 6

Year Built 1966

Lot Size 6,212 Sqft

Property Sub-Type Freehold

Property Description

This is an exceptional, turnkey investment property in Mayfair, generating significant monthly revenue from multiple sources. The well-maintained split-level home is fully rented, providing a total of $4,500 in rental income. The spacious main floor is a 4-bedroom, 2-bathroom suite commanding a rent of $2,300 per month. The legal lower-level suite, featuring 2 bedrooms and 1 bathroom, brings in an additional $1,300 per month. On top of the residential units, the property's detached 24'x28' double heated garage is rented for $600 and the attached heated tandem garage for $300, further boosting the cash flow. Each suite is on a separate furnace and meter, ensuring tenants pay their own utilities. With all permits and a proforma available, this is a rare opportunity for a strong cash-flowing asset. All offers will be presented on Tuesday at 4 pm. As per the Seller's direction, all offers will be presented on 09/09/2025 4:00PM. (id:24570)

Location

Province SK

Rooms

Kitchen 2.0

Interior

Heating Forced air,

Cooling Central air conditioning

Exterior

Parking Features Yes

Fence Partially fenced

View Y/N No

Building

Lot Description Lawn

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