Single Family

1016 Temperance STREET
Saskatoon, Saskatchewan

$380,000

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Summary for 1016 Temperance STREET

  • Bedrooms

    4

  • Bathrooms

    2

  • Square Footage

    880/square feet

  • Year Built

    1931

  • Building Type

    House

  • Title

    Freehold

  • Date Listed

    June 28, 2023

  • Neighbourhood

    Varsity View

  • Postal Code

    S7N0N6

  • Property Taxes

    $4,128 (2023)

  • MLS Number

    SK934962

  • Lot Dimensions

    4,197 /square feet

Description for 1016 Temperance STREET

Investors, take note! This multi-tenant gem located in the highly sought-after Varsity View neighbourhood offers the perfect opportunity to earn a robust income stream. Just a few blocks from the University of Saskatchewan, this property is an attractive hub for students and professionals alike. This charming residence currently generates a solid $2,500 monthly rental income. All tenants are on month-to-month leases, providing you with immediate income and the flexibility to adjust rental terms as needed. Notably, all existing tenants have expressed interest in remaining, making this a seamless, turn-key investment. This property has been upgraded to ensure an optimal return on investment. Recent improvements include a professionally re-graded yard, fresh backyard gravel, brand new window wells, and a durable new fence. These enhancements increase the property's aesthetic appeal and help reduce maintenance costs in the long term. But it continues beyond there - this property has the potential for additional revenue streams. The large backyard could be leveraged to charge extra for parking, a highly sought-after amenity in this bustling area. Even more promising is the possibility of transforming the spacious basement into a two-bedroom Airbnb. This would cater to the consistent demand from students, university staff, and visiting parents, providing a year-round supplementary income. Take advantage of this golden investment opportunity that marries reliable cash flow with immense growth potential, all in a prime location near one of Saskatchewan's most prestigious universities. This is more than just a property; it's your gateway to a promising and profitable future in real estate investment. (id:53915)

Additional Information for 1016 Temperance STREET

Architectural Style

Bungalow

Appliances

Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Hood Fan, Storage Shed, Window Coverings

Heating

Forced air, Natural gas

Parking

None, Parking Space(s), Gravel

Lot Features

Treed, Lane

Rooms for 1016 Temperance STREET

  • Main level
    Living room
    16.7 x 11.3 / feet
  • Main level
    Dining room
    10.5 x 9.5 / feet
  • Main level
    Kitchen
    10.5 x 9 / feet
  • Main level
    Bedroom
    10.2 x 10 / feet
  • Main level
    Bedroom
    11 x 10.2 / feet
  • Main level
    4pc Bathroom
    Not Provided
  • Main level
    Den
    10 x 9.3 / feet
  • Basement
    Living room
    7.4 x 6.8 / feet
  • Basement
    Bedroom
    10.3 x 9.2 / feet
  • Basement
    3pc Bathroom
    Not Provided
  • Basement
    Kitchen/Dining room
    10.6 x 10.4 / feet
  • Basement
    Laundry room
    28 x 10 / feet
  • Basement
    Living room
    9.8 x 5 / feet
  • Basement
    Kitchen/Dining room
    9.8 x 7 / feet
  • Basement
    Bedroom
    12.5 x 9 / feet

Location for 1016 Temperance STREET

Frequently Asked Questions for 1016 Temperance STREET

When was 1016 Temperance STREET built?

1016 Temperance STREET, located in Saskatoon was first built in 1931.

What postal code is 1016 Temperance STREET in?

1016 Temperance STREET is in the S7N0N6 postal code area, neighbourhood of Varsity View, Saskatoon.

How long has 1016 Temperance STREET been on the market?

1016 Temperance STREET has been on the market for 28 days. The property was first listed on the market on June 28, 2023.

What is the MLS number for 1016 Temperance STREET?

The MLS number for 1016 Temperance STREET is SK934962.

What is the lot size of 1016 Temperance STREET?

The lot size of 1016 Temperance STREET is 4,197/square feet.

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Steven Jantzen Commercial RE/MAX Realtor

Pavel Bhowmick

RE/MAX Associate Broker

306-850-7355

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