4,920 ft²

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The subject property is an 8-suite multifamily property located in the Greystone neighbourhood of Saskatoon. The Property is located on the southeast corner of Main Street and Garrison Crescent, right behind the Grosvenor Park Shopping Centre. There is a paved parking pad on the north portion of the property with 3 electrified parking stalls and a second paved parking pad on the south side of the property with an additional 5 electrified parking stalls. The property is fully occupied and achieves an average in-place rent of $740.00 per month. Major improvements include the roof, which was replaced in 2017; two new hot water heaters that were installed in 2018; and a new fire panel that was installed 2018.

The Space
Asking Price$700,000
Available Space4,920 ft²
Property UseInvestment property

The Building

Legal Description: Lot 20, Block 258, Plan G837 Land Size: 0.15 Ac (6,534 Sf) Building Area: 4,920 Sf Property Type: Low-Rise Multifamily Suite Mix: 8 One-Bedroom No. Storeys: 1 Storey Construction: Wood-Frame Zoning: Rm4 – Medium/High Density Multi Parking: 8 Electrified, Paved Parking Stalls Year Built: 1959

Property TypeMultifamily
Building Size4,920 ft²
Lot Size0.15 AC