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$2,100,000

285 Fairford STREET E, Moose Jaw, Saskatchewan, S6H 0E1

MLS® # SK026508

Moose Jaw SK, S6H 0E1

MLS® # SK026508

Property Information:

Looking to expand your investment portfolio? This strong 18-suite apartment building offering immediate, stabilized cash flow in a high-demand central Moose Jaw location is available for purchase. Property has 17/18 suites currently rented with a proven tenant base, including 6 long-term tenants with residency spanning approx 6 to 16 years, supporting predictable income & reduced turnover. The building features a desirable suite mix of 6 two-bedroom units, 11 one-bedroom units, &1 bachelor suite, appealing to a broad rental demographic. Most suites have been updated over time with improvements including flooring, paint, & bathroom vanities. All suites are equipped with newer intercom systems, solid core fir entry doors, & include fridge, stove, & hood fan. Separate electrical metering allows for efficient expense control & improved net operating income. Key capital upgrades & mechanical features include natural gas boiler with baseboard heating in all suites, 81-litre hot water heater, & all windows have been replaced. The top two floors (12 suites) are equipped with wall air conditioning, enhancing tenant retention & rental appeal. Coin-operated laundry on the lower floor provides additional income. The site includes 18 electrified parking stalls, a strong amenity in this central location. Located across from Crescent Park, steps to public transit & the Senior Activity Centre, & within walking distance to Temple Gardens Mineral Spa & Casino, restaurants, banking, retail/grocery stores, & medical clinic. This location supports consistent demand & long-term rental stability. An excellent opportunity for investors seeking a well-located, stabilized multi-family asset with long-term tenants, controlled expenses, & future rental upside in a growing rental market. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Amenities: Shared Laundry
  • Architectural Style:
  • Heating Type:
  • Heating Fuel: Natural gas
  • Cooling Type: Air Conditioned
  • Appliances: Washer, Refrigerator, Intercom, Dryer, Stove

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Amenities Nearby: Public Transit
  • Built in: 1964
  • Community Features: Pets Allowed With Restrictions, Adult Oriented
  • Features: Treed
  • Irregular: Yes
  • Landscape Features: Lawn
  • Lot Frontage: 99.8 Feet
  • Lot Size: 0.29 Acres
  • Structure Type: Patio(s)
  • No. of Parking Spaces: 18

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 285 Fairford STREET E, Moose Jaw, Saskatchewan, S6H 0E1

Demographic Information of 285 Fairford STREET E, Moose Jaw, Saskatchewan, S6H 0E1

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$122,234.50

Average Number of Children

1.52

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

29.53 %

High school certificate or equivalent

38.24 %

Apprenticeship trade certificate/diploma

9.7 %

College/non-university certificate

13.62 %

University certificate (below bachelor)

0.2 %

University Degree

8.71 %

Commuter

Travel To Work

By Car

81.25 %

By Public Transit

0.57 %

By Walking

17.11 %

By Bicycle

0.0 %

By Other Methods

1.07 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

74.04 %

Houses

25.96 %

Own Vs. Rent