825 Gladstone ST E #3 & 4, Swift Current, SK S9H 5P1
825 Gladstone ST E #3 & 4, Swift Current, SK S9H 5P1
825 Gladstone ST E #3 & 4, Swift Current, SK S9H 5P1
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$3,320,000
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Active Under Contract

825 Gladstone ST E #3 & 4 Swift Current, SK S9H 5P1

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Kevin Peter

Kevin Peter

+1(306) 535-3455

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Key Details

Property Type Multi-Family

Sub Type Residential

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision South East Sc

MLS Listing ID SK031534

HOA Y/N No

Year Built 2018

Annual Tax Amount $34,823

Tax Year 2025

Property Sub-Type Residential

Property Description

16 UNITS, FULLY OCCUPIED WITH LEASES SET IN PLACE TO PRODUCE OVER $300,000 IN INCOME FOR 2025. **A CMHC mortgage is in place that is fully transferable to a buyer, meaning all of the due diligence has been completed, mortgage approved and the buyer simply needs to qualify to assume the mortgage** Searching for a TURN KEY revenue property with a reliable income and FULL occupancy? Look no further, this new construction multifamily property is just what you need. Built by a trusted local builder, these two buildings house 16 luxurious suites with fabulous views of the creek, park and countryside. Just steps from the walking / biking path, golf course, park, tennis courts and track, the units offer superb rentability with a combination of location, layout and stylish finishings placed on a generous 1.34 acre lot. Each unit features an open concept layout, updated stainless steel appliances, granite countertops, in suite laundry, 2 bedrooms and an office, 2 full bathrooms including a master bedroom ensuite as well as a private balcony. The exterior is finished with vinyl low maintenance siding, and the crawl space is concrete/ICF block construction for ultimate energy efficiency. The buildings are heated by an efficient boiler system offering soothing radiant heat and are still covered by up to 7 years of New Home Warranty plans. This attractive investment offers an over 7% Cap Rate along with no interior common space to maintain. Contact your Real Estate agent today for more information or to book your personal viewing.

Location

Province SK

Community Other, See Remarks

Area Swift Current

Interior

Interior Features Window Treatments

Heating Hot Water, Natural Gas

Flooring Wood

Fireplace No

Window Features Window Treatments

Appliance Dryer, Dishwasher, Refrigerator, Stove, Washer

Exterior

Exterior Feature Landscaping

Community Features Other, See Remarks

Porch Balcony, Patio

Total Parking Spaces 35

Building

Lot Description Back Yard, Corner Lot, Front Yard, Sprinklers None, Trees

Dwelling Type Low Rise,Multi Family

Others

Pets Allowed No

Ownership Freehold

Security Features Smoke Detector(s)

Listed byRE/MAX of Swift Current

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Kevin Peter

Kevin Peter

Broker Associate

+1(306) 535-3455

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825 Gladstone ST E #3 & 4