Property Description

Investors! Rare mixed-use residential/commercial opportunity in Cathedral, one of Regina’s most desirable neighbourhoods: built in 2020, this modern property offers four ground-floor retail/commercial units (one vacant ±2,600 sq ft with potential to generate approx. $65,000/year once leased) and eight luxurious townhouse-style residential suites on the 2nd and 3rd floors (1,400–1,500 sq ft each, living/kitchen/bathrm on level two, bedrooms/bathrms on level three). Each unit has in-unit laundry, central AC, private balcony). The suite mix is 4 x 3 bed and 4 x 2 bed/1den combination.These residential suites are not your average rental! The adjacent house to the north 2064 Elphinstone is included in the sale (currently vacant - ideal for extra parking or additional rental income) and 11 on-site parking stalls; high-quality construction built by Ledcor, large functional layouts and long-term tenancy appeal with upside from the vacant commercial unit and included house. Seller may request Buyers to provide pre approval documentation prior to showing. (id:7434)