707 Lalonde Street, Whitewood, Saskatchewan

$325,000

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1,880

Square feet

About 707 Lalonde Street

Unlock the potential of this exceptional investment property in Whitewood, SK. Formerly a Bank of Montreal branch, this well-maintained building is now a haven for creative minds and savvy investors alike. Step into the ground floor, where financial stability meets artistic inspiration. The front space is leased to an accountant's office, generating a steady $800/month. Meanwhile, at the rear, the owner's art studio adds a personal touch to the property's vibrant character. Ascend to the BEAUTIFUL loft, a living space that's currently rented for $1650, inclusive of utilities. This open-concept area boasts a modern kitchen, convenient laundry facilities, and a delightful deck with access to the rooftop. The double-car garage below offers untapped potential for additional rental income, as the unheated space above could be transformed into a charming living unit. Explore further income opportunities by leasing out the basement for storage purposes. The entire property is fenced, ensuring security and privacy for its diverse occupants. Structural upgrades abound, including asphalt shingles (with recent replacements on two sides), two high-efficiency furnaces (only 10 years old), and a new water heater installed in 2023. The living space boasts PVC double-pane/argon gas windows. Whitewood is located at the crossroads of Highways No.1 and #9, it's the midpoint between Regina, SK, and Brandon, MB, and the midpoint of the US border and Hudson Bay, SK. Approximately 1.5 hours from East of Regina and 1 hour from South of Yorkton, the town has a population of around 1000 people, offering essential services. It's less than half an hour to Round Lake, about half an hour to potash mines in Esterhazy and Rocanville. This property promises a unique and promising investment opportunity at the heart of regional connectivity. All measurements are approximate and can be verified by interested parties. Schedule a viewing today and unlock the possibilities!

Features of 707 Lalonde Street

MLS® # SK953307
Price $325,000
Bathrooms 0.00
Square Footage 1,880
Acres 0.00
Year Built 1914
Type Commercial
Sub-Type Mixed Use
Status Active

Community Information

Address 707 Lalonde Street
Subdivision Whitewood
City Whitewood
Province Saskatchewan
Postal Code S0G 5C0

Amenities

Amenities Communication Network, Fenced Compound, Floor Drains, Interior Space, Onsite Parking, Store Front, Sump, Wheelchair Access
Parking Spaces 4
Is Waterfront No
Has Pool No

Interior

Heating Air Conditioning, Floor Model Furnace
Fireplace No
Has Basement No

Exterior

Construction Wood & Frame

Additional Information

Date Listed December 8th, 2023
Days on Market 146
HOA Fees 0.00

Listing Details

OfficeeXp Realty

Listing Map

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