1/471006 Whitewood CRESCENT, Saskatoon
1006 Whitewood CRESCENT, Saskatoon, SK S7J4L1
$649,900 total
1,670 SF
Asset Class
Specialty
Size
1,670 SF
Building class
C
Zoning
US — Urban Services
$ / SF
$389
Occupancy
96%
Year Built
1984
Lot Size
0.13450413223140495 ac
About this property
A unique opportunity to own a fully operational, licensed Personal Care Home in a welcoming residential setting. Whether you have experience in healthcare, are a first responder, or simply have a heart for caring for others, this established care home offers a great opportunity to step into an operating business. The home features a bright and spacious living area with large windows providing plenty of natural light, flowing into a generous dining area and functional kitchen with freezer. Three spacious bedrooms are located upstairs, with three additional bedrooms and another bright living area in the basement. The converted garage provides two additional rooms and a comfortable sitting area. Several windows have been replaced, with new roof shingles and a new water heater in 2024. Fire sprinklers are also installed. Furniture is included, making this a convenient turnkey opportunity for a new owner. TV is not included. Revenue-generating and ready for continued operation. A great opportunity to combine a comfortable home environment with an established care home business. Contact your REALTOR® to arrange a showing. (id:66811)
Financial sandbox
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Monthly debt service
$3K
Projected NOI
$46K
Annual cash flow
$10K
Cash-on-cash
5.27%
DSCR
1.29
Going-in cap
7.12%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Rent roll (estimated)
| Tenant | Area | Expiry |
|---|---|---|
| Summit Trades Supply | 1,595 SF | 2033-03 |
Area demographics
Trade area within 3 miles of the property.
Population
126,264
Households
59,040
Median income
$118,500
Median age
36.5
Daytime population
170,741
5-yr growth
4.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1006 Whitewood CRESCENT, Saskatoon.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.