For Sale Sold
500–510 Thomson St, Outlook, SK
Asking Price $2,250,000
Legal Lots 1–5 and 6–10, Block 61, Plan G358
Mortgage Treat as Clear Title
Taxes 2025 - $8,498 per building
Description:
  • Building Composition (per building):
    • 1 Bachelor suite (~675 sq ft)
    • 11 Two-bedroom suites (~775 sq ft)
  • Construction: Wood frame, built circa 1977
  • Rental Rates:
    • Bachelor: $600–$650
    • Two-bedroom: $900–$1,000
  • Laundry: 1 washer and 1 dryer per building (leased)
  • Heating:
    • 500 Thomson: Original boiler, water heater replaced in 2021
    • 510 Thomson: Combo boiler/water heater replaced in 2022
  • Roof:
    • Urethane spray foam (2017)
    • Roof Mate mastic coating (2018)
    • Estimated 15-year life
  • Air Conditioning:
    • 16 suites have A/C
    • All units replaced since 2019
  • Exterior Upgrades:
    • Siding and balconies updated in 2009
    • PVC windows and doors installed in 2016
  • Interior Renovations: Most suites renovated since 2019
  • Location:
    • Outlook is a service center for a large agricultural region
    • Surrounded by irrigated farmland
PLEASE CONTACT DEL PETERS REALTY FOR FINANCIAL INFORMATION

Disclaimer: Del Peters Realty received the above information contained in this proforma from sources deemed reliable but do not guarantee same. Each investor must rely on their own investigation of the salient facts.