Property Description

This mixed-use, two-storey condo unit is in the Edgewater building of the new Banks development situated in the rapidly-developing Riversdale neighbourhood. This unique live/work unit is one of five in the development that allows for commercial use on the main floor with a residential suite on the second floor under the same title. The Edgewater building is positioned near many thriving businesses in The Banks such as The Local Barre Fitness studio, Guide Hair Salon, HomeQuarter Coffeehouse & Bakery, Red Tide Tattoo and across the street from Revolve Café to name a few.

All appliances are included in the sale; furniture is negotiable.

AVAILABLE FOR SALE
1,292 SF plus balcony

SALE PRICE
$495,000.00 REDUCED:  $479,000.00

PROPERTY TAXES (2020)
$0  (5-year tax abatement in place)

CONDO FEES
$8,712.00 (annual)

LEASE INCOME
Month-to-month tenant with $38,220.00 annual gross revenue

PARKING
One titled underground parking stall

BUILDING DETAILS
• 710 SF main floor open work space with 2pc washroom
• 582 SF 2nd floor residential suite (1 bedroom, 4pc washroom, kitchen, balcony)
• Concrete structure built on concrete foundation
• 100-Amp electrical service with hot water/forced air HVAC system
• Heat & water included in condo fees; electrical separately metered

ZONING
DCD1

LEGAL DESCRIPTION
Unit 108, Condo Plan 102225417, Condo Parcel 203253588

POSSESSION
Negotiable (Current tenant occupying space on a month-to-month basis)

    412 Ave C S, Saskatoon, SK

    For Sale - Live and Work Condo

    1,292 SF
    $479,000
    Listing ID #1760
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