1601 F AVENUE N, SASKATOON, SK S7L 1Y1

Property Description for 1601 F N AVENUE

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.