121 29th STREET W
Saskatoon, Saskatchewan
MLS® SK048089
$769,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- SK048089
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1975
1 / 13Listing description
Turnkey 6-Plex Investment in Caswell Hill – Fully Occupied, Poised for Redevelopment A rare opportunity. Fully tenanted six-suite building. Minutes from downtown and major transit routes.
The city's planning department has already initiated the groundwork for corridor mixed-use redevelopment in this area, with the process now in the neighborhood approval stage. Property Highlights: * 2,625 sq. ft.
above grade, offering generously sized suites throughout * 4 two-bedroom suites (~850 sq. ft. each) and 2 one-bedroom suites (~780 sq.
ft. each) — 3 units above ground, 3 below but with extra large windows, * Suites fully self-contained each with a private entrance and in-suite laundry * Strong tenant retention history. * Professional management in place with option to keep.
Redevelopment Potential: * Located along a corridor identified by the City for mixed-use redevelopment * Planning groundwork already underway, currently progressing through the neighbourhood approval stage * Offers investors both steady current income and long-term upside as the corridor evolves Recent Capital Improvements: * Eavestroughs, soffit, fascia, and leaf guards replaced (2022) * Roof shingles replaced (2019) * Triple-pane windows throughout for energy efficiency and noise reduction * Several suites updated with newer flooring and fresh paint * Majority of laundry equipment recently replaced. Utility Structure: * Individual electric baseboard heat and electric hot water tanks per suite * Tenants responsible for electricity, phone, cable, and internet * Owner responsible only for water and sewer.
Property summary
- MLS® number
- SK048089
- Property type
- Multi-family
- Building type
- Multi-Family
- Title
- Freehold
- Land size
- 6243 square feet
- Built in
- 1975
- Annual property taxes
- $6,775.00
- Parking
- 6 spaces
- Days on market
- 6 days
Features & details
- Heating
- Electric
- Appliances
- Washer, Refrigerator, Stove, Dryer
- Architectural style
- Low rise
What would this home cost you?
Based on the $769,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Century 21 Fusion, Saskatoon.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.