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- Sep 1, 2010
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• Premium 24 suite apartment block in PRIME Saskatoon rental Area.
• CMHC Qualified – 85% loan to value. (1.3 DSCR 5 year term).
• 5.73% CAP - $229,276 NOI.
• Professionally and impeccably managed. Turnkey.
• Saskatoon has the fastest growing rents in Canada (+19%).
This project has been completely renovated inside and out including most suites upgraded, new windows, and landscaping including irrigation. Very low vacancy, and constant rent increases presents this as an opportunity to own a premium operating project that is TURNKEY, and will lead the market in rents. Saskatoon continues to have the hottest rental market in Canada, with rents expected to increase another 10% in 2025.
Download the proforma from the link below and reach out if you have any questions.
Download the 24 Suite Proforma HERE
• CMHC Qualified – 85% loan to value. (1.3 DSCR 5 year term).
• 5.73% CAP - $229,276 NOI.
• Professionally and impeccably managed. Turnkey.
• Saskatoon has the fastest growing rents in Canada (+19%).
This project has been completely renovated inside and out including most suites upgraded, new windows, and landscaping including irrigation. Very low vacancy, and constant rent increases presents this as an opportunity to own a premium operating project that is TURNKEY, and will lead the market in rents. Saskatoon continues to have the hottest rental market in Canada, with rents expected to increase another 10% in 2025.
Download the proforma from the link below and reach out if you have any questions.
Download the 24 Suite Proforma HERE