158,122 ft²
Multifamily
$8,255,670
Sale



BUILDING PARTICULARS • 4-storey condomumium complex • 50 underground heated stalls and 69 paved electrified surface stalls • Maintenance-free lifestyle • Secure lobby with sound system • Fitness facility • Dual elevators • Small pet friendly LAND SIZE 3.63 acres (158,122.80 SF) LAND PARTICULARS • Beautifully landscaped & professionally maintained • Minutes from Cornerstone Mall shopping and dining • Walking distance to Sask Polytechnic, elementary and high schools • Excess land for development; existing building is phase one of a three-phase development. Another two buildings were planned 68+63 units. YEAR BUILT 2015 SALE PRICE $8,255,670.00 (approx. $158,000/door) TAXES From $1,596 - $2,664/annum/unit CONDO FEES $191-$300/mo/unit ($260/mo/unit average) POSSESSION To be negotiated. MNP Ltd. is the court-ordered receiver of the vendor.


The Space
Asking Price$8,255,670
Available Space158,122 ft²
Property UseInvestment property

The Building - LivingSky Condos

There is outstanding value in these 52 remaining units in the 63-unit condominium development of LivingSky Condos. Retail prices of individual units range from $174,419 to $247,093. Suite mix of the remaining units is three 1-bedroom and 49 2-bedroom suites. There are 31 units rented producing $40,400 monthly income, for an average of $1,303/month per suite. Ideally located on the corner of 15th Street East and 15th Avenue East, LivingSky Condos is in close proximity to schools, a hospital and a large shopping district. Cornerstone Prince Albert is a 550,000 SF shopping centre which is home to tenants such as Walmart, BestBuy, Sobeys, Rona, Tim Hortons and RBC Financial. ZONING R5 Multiple Unit Dwelling

Property TypeMultifamily
Lot Size158,122 ft²
ZoningR5 - Multiple Unit Dwelling
Year Built2015
Parking Spaces119
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