Address
60 Dunning Crescent, Regina, SK
Price
$ 399,900
Property Attributes
- ID#SK046147
- TypeSingle Family
- Listing Status Active
- MunicipalityRegina
- CityRegina
- AreaRegina
- NeighbourhoodHillsdale
- Postal CodeS4S 3W1
- Style2 Level
- Year Built1958
- Price$ 399,900
- Bedrooms6
- Bathrooms4
- Half Bathrooms0
- Sqr Footage2506
Data Source:
Canadian Real Estate Association (CREA)
Property Description
Exceptional University-Area Investment Opportunity! This spacious 2,500 sq. ft. home offers six bedrooms and four bathrooms, making it an excellent revenue property with strong rental potential thanks to its close proximity to the University of Regina. What truly sets this property apart is the unique addition, featuring a large, self-contained recreation room plus a loft area currently being used as a seventh bedroom and additional living space. This flexible configuration provides an outstanding opportunity for an owner-occupier, investor, or extended family. Imagine living comfortably in your own private loft and recreation area while collecting rental income from the six additional bedrooms. Alternatively, the entire property can be utilized as a high-demand student rental, maximizing its income potential. With its generous size, four bathrooms, exceptional bedroom count and sought-after university location, this property offers a rare combination of space, flexibility and investment potential. Whether you’re looking to build your rental portfolio or create a unique home where you can live while generating substantial rental income, this property deserves a closer look. Dining Room and Living nroom furniture included. 3Fridges included, all in as is condition. Based on a $320,000 mortgage at 4% over 30 years. monthly payment $1527 Consider the following ASSUMPTION. Buyer to do their own calculations 1,527/month mortgage 230/month insurance 360/month property tax 200/month water 250/month energy&power 2,570 Total monthly cost 4,500/monthly rent - (2,570) total monthly cost = 1,930 monthly cash flow 1,930 monthly cash flow x 12 months is 23,160 yearly cash flow Original investment is 20% of the purchase price of 400,00 or $80,000 down payment/investment amount) 23,160/$80,000 = 29% return on your original invested amount of 85,000 I didn’t take into consideration rentals of water heaters or softeners or vacancies. (id:7434)
General Features
| Features | Treed, Rectangular, Sump Pump |
|---|---|
| Property Type | Single Family |
| Neighbourhood | Hillsdale |
| Building Appliances | Washer, Refrigerator, Dishwasher, Dryer, Garage door opener remote(s), Stove |
| Building Architectural Style | 2 Level |
| Building Type | House |
| Ownership Type | Freehold |
| Building.StoriesTotal | 2 |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Type | Forced air |
| Building Heating Fuel | Natural gas |
| Basement Development | Finished |
| Basement Type | Partial, Crawl space (Finished) |
| Construction Style Attachment | Detached |
| Living Area Range | 2506 |
| Bedrooms | 6 |
Exterior Features
| Structure | Deck |
|---|---|
| Landscape Features | Lawn |
| Fence Type | Fence |
Room Details
| Room | Dimensions | Level | Flooring | Details |
|---|---|---|---|---|
| 3pc Bathroom | Measurements not available | Basement | ||
| 4pc Bathroom | Measurements not available | Main level | ||
| Bedroom | 10 ft 2 x 9 ft 3 | Basement | ||
| Bonus Room | 12 ft 3 x 20 ft 6 | Second level | ||
| Den | 9 ft x 11 ft | Basement | 11 ft | |
| Dining room | 9 ft 10 x 12 ft 4 | Main level | ||
| Enclosed porch | Measurements not available x 5 | Main level | 5 ft | |
| Family room | 18 ft x 18 ft | Main level | 18 ft | |
| Kitchen | Measurements not available x 1 | Main level | 12 ft | |
| Laundry room | 9 ft x 10 ft | Basement | 10 ft | |
| Living room | 12 ft 8 x 23 ft 10 | Main level | ||
| Other | 12 ft x 5 ft | Basement | 5 ft |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in S4S 3W1
Price
Year Built
In The Neighbourhood
Just Listed
Regina
$ 425,000
- Type
- Single Family
- Size
- 1,461 SqFt
- Rooms
- 4 Beds + 3 Baths
Coldwell Banker Local Realty
Springwater (Hillsdale)
$ 749,900
- Type
- Single Family
- Rooms
- 3 Beds + 2 Baths
ROYAL LEPAGE FIRST CONTACT REALTY
Springwater (Hillsdale)
$ 1,125,000
- Type
- Single Family
- Rooms
- 4 Beds + 2.5 Baths
ROYAL LEPAGE FIRST CONTACT REALTY
Regina
$ 319,900
- Type
- Single Family
- Size
- 1,936 SqFt
- Rooms
- 5 Beds + 2 Baths
Century 21 Dome Realty Inc.
Regina
$ 379,900
- Type
- Single Family
- Size
- 1,108 SqFt
- Rooms
- 6 Beds + 2 Baths
Century 21 Dome Realty Inc.
Regina
$ 399,900
- Type
- Single Family
- Size
- 1,360 SqFt
- Rooms
- 4 Beds + 3 Baths
Realty Executives Diversified Realty
Springwater (Hillsdale)
$ 699,900
- Type
- Single Family
- Rooms
- 4 Beds + 2.5 Baths
Real Broker Ontario Ltd.
Springwater (Hillsdale)
$ 609,000
- Type
- Single Family
- Rooms
- 2 Beds + 1 Baths
RE/MAX HALLMARK CHAY REALTY
Springwater (Hillsdale)
$ 899,000
- Type
- Single Family
- Rooms
- 0 Beds + 1 Baths
QUEENSWAY REAL ESTATE BROKERAGE INC.
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