3 4 825 Gladstone Street E, Swift Current

3 4 825 Gladstone Street E, Swift Current, SK S9H5P1 Photo 1

28 Photos

3 4 825 Gladstone Street E, Swift Current, SK S9H5P1 Photo 2
3 4 825 Gladstone Street E, Swift Current, SK S9H5P1 Photo 3
3 4 825 Gladstone Street E, Swift Current, SK S9H5P1 Photo 4
3 4 825 Gladstone Street E, Swift Current, SK S9H5P1 Photo 5
3 4 825 Gladstone Street E, Swift Current, SK S9H5P1 Photo 6
3 4 825 Gladstone Street E, Swift Current, SK S9H5P1 Photo 7
  • MLS®: sk961580
  • Type: Townhouse
  • Added: 50 days ago

Property Details

16 UNITS, FULLY OCCUPIED WITH LEASES SET IN PLACE TO PRODUCE ROUGHLY $290,000 IN INCOME FOR 2024. 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 9 years of New Home Warranty plans. This attractive investment offers a 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. (id:1945)

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Property Information

  • Heating: Natural gas, Hot Water
  • Stories: 2
  • Tax Year: 2023
  • Year Built: 2018
  • Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
  • Lot Features: Treed, Balcony
  • Photos Count: 28
  • Lot Size Units: acres
  • Parking Total: 7
  • Structure Type: Multi-Family
  • Common Interest: Freehold
  • Tax Annual Amount: 32534
  • Community Features: Pets Allowed
  • Lot Size Dimensions: 1.34
  • Architectural Style: Low rise
  • Number Of Units Total: 16

Features

  • Other: Equipment Included: Fridge, Stove, Washer, Dryer, Dishwasher Built In, Window Treatment, Construction: ICF Block, Outdoor: Balcony, Lawn Back, Lawn Front, Patio, Trees/Shrubs
  • Heating: Hot Water, Natural Gas, Common Use
  • Extra Features: Amenities: Other (See REALTOR Remarks), Storage
  • Interior Features: Flooring: Wood
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Nearby Places

Name Type Address Distance
Co-op, Swift Current South Side Food Store Grocery or supermarket 350 2 Ave SE 0.6 km
St. Joseph Catholic Middle School School 247 2 Ave SE 0.6 km
Swift Current railway station Used currently by Canadian Pacific train crews, th... 1.1 km
Great Plains College University 129 2 Ave NE 1.2 km
Elmwood School Swift Current 1.2 km
Modern Family Restaurant Restaurant 49 Central Ave N 1.2 km
Masim Delicious Restaurant Restaurant 48 Central Ave N 1.2 km
Fairview Middle Years School School Swift Current 1.2 km
First United Church (Swift Current) Originally built in 1916 at a cost of $25,000 to h... 1.3 km
Akropol Family Restaurant & Dining Room Restaurant 133 Central Ave N 1.3 km
Urban Ground Coffeehouse Cafe 167 Central Ave N 1.4 km
Chinook School Division School 2100 Gladstone St E 1.4 km
3 4 825 Gladstone Street E mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 3 4 825 Gladstone Street E. The current price of the property is $3,320,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $2,656,000. This would result in a monthly mortgage payment of $15,525 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 15
Bachelor's degree 40
Certificate of Qualification 25
College 90
Degree in medicine 10
University degree at bachelor level or above 70

Neighbourhood Marital Status Stat

Married 320
Widowed 65
Divorced 25
Separated 5
Never married 95
Living common law 45
Married or living common law 360
Not married and not living common law 190

Neighbourhood Construction Date

1961 to 1980 110
1981 to 1990 10
1991 to 2000 20
2001 to 2005 10
2006 to 2010 40
1960 or before 35
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