60 Dunning CRESCENT Regina, SK S4S 3W1
6 Beds
4 Baths
2,506 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,506 sqft
Price per Sqft $159
MLS Listing ID SK046147
Style 2 Storey
Bedrooms 6
Year Built 1958
Annual Tax Amount $4,672
Tax Year 2026
Lot Size 7,792 Sqft
Acres 0.17887971
Property Sub-Type Detached
Source Saskatchewan
Property Description
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.
Location
Province SK
Community Hillsdale
Rooms
Basement Crawl, Partial Basement, Fully Finished
Kitchen 1
Interior
Interior Features Sump Pump, Wet Bar
Hot Water Gas
Heating Forced Air, Natural Gas
Cooling Forced Air, Natural Gas
Appliance Dishwasher Built In, Dryer, Fridge, Garage Door Opnr/Control(S), Stove, Washer
Exterior
Exterior Feature Stucco
Parking Features 1 Car Attached
Garage Spaces 5.0
Roof Type Asphalt Shingles
Total Parking Spaces 5
Building
Lot Description Rectangular
Others
Ownership Freehold