UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,506 sqft
Price per Sqft $149
Subdivision Hillsdale
MLS Listing ID SK046147
Style Two Story
Bedrooms 6
HOA Y/N No
Year Built 1958
Annual Tax Amount $4,672
Tax Year 2026
Lot Size 7,792 Sqft
Acres 0.1789
Property Sub-Type Detached
Property Description
What truly sets this property apart is the unique addition, featuring a large, self-contained recreation room plus a loft area currently being used as a seventh bedroom and additional living space. This flexible configuration provides an outstanding
opportunity for an owner-occupier, investor, or extended family.
Imagine living comfortably in your own private loft and recreation area while collecting rental income from the six additional bedrooms. Alternatively, the entire property can be utilized as a high-demand student rental, maximizing its income potential.
With its generous size, four bathrooms, exceptional bedroom count and sought-after university location, this property offers a rare combination of space, flexibility and investment potential. Whether you're looking to build your rental portfolio or create a unique home where you can live while generating substantial rental income, this property deserves a closer look.
Dining Room and Living nroom furniture included. 3Fridges included, all in as is condition.
Based on a $320,000 mortgage at 4% over 30 years. monthly payment $1527
Consider the following ASSUMPTION. Buyer to do their own calculations
1,527/month mortgage
230/month insurance
360/month property tax
200/month water
250/month energy&power
2,570 Total monthly cost
4,500/monthly rent - (2,570) total monthly cost = 1,930 monthly cash flow
1,930 monthly cash flow x 12 months is 23,160 yearly cash flow
Original investment is 20% of the purchase price of 400,00 or $80,000 down payment/investment amount)
23,160/$80,000 = 29% return on your original invested amount of 85,000
I didn't take into consideration rentals of water heaters or softeners or vacancies.
Location
Province SK
Area Regina
Rooms
Basement Crawl Space, Finished, Partial, Sump Pump
Interior
Interior Features Wet Bar
Heating Forced Air, Natural Gas
Fireplace No
Appliance Gas Water Heater, Dryer, Dishwasher, Refrigerator, Stove, Washer
Exterior
Parking Features Asphalt, Attached, Concrete, Driveway, One Car Garage, Garage Door Opener
Fence Fenced
Roof Type Asphalt,Shingle
Porch Deck
Total Parking Spaces 5
Garage Yes
Building
Lot Description Rectangular, Rectangular Lot, Back Yard, Front Yard, Trees
Dwelling Type House
Story 2
Foundation Concrete Perimeter
Others
Pets Allowed No
Ownership Freehold
Did you know that finding your dream home will cost you $0 in realtor fees That's right, buyers are not subject to any realtor fees during the purchase process.
That being said, the purchase of your home is one of the biggest financial investments you will make in your lifetime. It is important to have a competent agent in place to not only find you the right home, but properly facilitate offers & agreements.
Book a free consult with us to learn more about our strategy & commitment to finding your dream home.