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Main Photo: 223 Toronto Street in Regina: Churchill Downs Commercial for sale : MLS®# SK977474
Photo 1: 223 Toronto Street in Regina: Churchill Downs Commercial for sale : MLS®# SK977474
Photo 2: 223 Toronto Street in Regina: Churchill Downs Commercial for sale : MLS®# SK977474
Photo 3: 223 Toronto Street in Regina: Churchill Downs Commercial for sale : MLS®# SK977474
Photo 4: 223 Toronto Street in Regina: Churchill Downs Commercial for sale : MLS®# SK977474
Photo 5: 223 Toronto Street in Regina: Churchill Downs Commercial for sale : MLS®# SK977474
Photo 6: 223 Toronto Street in Regina: Churchill Downs Commercial for sale : MLS®# SK977474
Photo 7: 223 Toronto Street in Regina: Churchill Downs Commercial for sale : MLS®# SK977474
Photo 8: 223 Toronto Street in Regina: Churchill Downs Commercial for sale : MLS®# SK977474
Photo 9: 223 Toronto Street in Regina: Churchill Downs Commercial for sale : MLS®# SK977474
Photo 10: 223 Toronto Street in Regina: Churchill Downs Commercial for sale : MLS®# SK977474
Photo 11: 223 Toronto Street in Regina: Churchill Downs Commercial for sale : MLS®# SK977474
Photo 12: 223 Toronto Street in Regina: Churchill Downs Commercial for sale : MLS®# SK977474
Photo 13: 223 Toronto Street in Regina: Churchill Downs Commercial for sale : MLS®# SK977474
Photo 14: 223 Toronto Street in Regina: Churchill Downs Commercial for sale : MLS®# SK977474
Photo 15: 223 Toronto Street in Regina: Churchill Downs Commercial for sale : MLS®# SK977474
Photo 16: 223 Toronto Street in Regina: Churchill Downs Commercial for sale : MLS®# SK977474
Status:
Active
Prop. Type:
Commercial
MLS® Num:
SK977474
10 bed care home currently rented at $7000 per month (triple net) until April 30 2025. Recent appraisal showing value of well above the asking price can be supplied upon accepted offer. Pro forma spread sheet available showing 9% return on a cash purchase and over 13% with 75% financing. Spread sheet provided for information purposes only without representation or warranty and buyers should rely on their own due diligence. Furnishings including beds, bedding, towels and linens, appliances and tvs are included. Near identical property next door at 219 Toronto St is also available and strong preference will be given to a sale involving both properties. Both buildings are in excellent condition and feature bright living spaces for residents, large functional kitchens with generous sized dining space. They each feature partial basements with plenty of storage and laundry facilities as well as a second floor with office space and staff kitchen areas. Concrete pads behind each building provides adequate staff parking. Located in a quiet residential neighbourhood and backing onto open space and baseball diamonds. These properties offer an excellent investment opportunity as rentals (tenant has expressed an interest to stay) or as an owner operator business upon expiration of the current leases. Note: seller will be repairing missing siding and fascia prior to sale.
Listing Area:
Regina
Listing Subarea:
Churchill Downs
Property Type:
Commercial
Property Sub Type:
Other (See Member Only Remarks)
Year built:
2017 (Age: 7)
Total Floor Area:
3,225 sq. ft.
Taxes:
$7,272 / 2024
Frontage:
37'6"
Property Offered:
Buildings And Land
Ownership Title:
Freehold
Elevator:
None
Assets Include:
Fixtures, Other (See Member Remarks)
Smoke Detector:
Yes
Sprinkler system:
Yes
Total Building Size:
3,225 sq. ft.
Heating:
Air Conditioning, Floor Model Furnace
Construction:
Wood Frame
Onsite Parking, Wheelchair Access
Power Type:
Single Phase
Amps:
100
Parking Places:
4.0
Parking places electrified:
4
Date Listed:
Days on Mkt:
  • Photo 1: 223 Toronto Street in Regina: Churchill Downs Commercial for sale : MLS®# SK977474
    Photo 1 of 16
  • Photo 2: 223 Toronto Street in Regina: Churchill Downs Commercial for sale : MLS®# SK977474
    Seller prefers sale with 219 Toronto next door.
  • Photo 3: 223 Toronto Street in Regina: Churchill Downs Commercial for sale : MLS®# SK977474
    Photo 3 of 16
  • Photo 4: 223 Toronto Street in Regina: Churchill Downs Commercial for sale : MLS®# SK977474
    Photo 4 of 16
  • Photo 5: 223 Toronto Street in Regina: Churchill Downs Commercial for sale : MLS®# SK977474
    One of four bathrooms
  • Photo 6: 223 Toronto Street in Regina: Churchill Downs Commercial for sale : MLS®# SK977474
    Wide accessible hallway
  • Photo 7: 223 Toronto Street in Regina: Churchill Downs Commercial for sale : MLS®# SK977474
    Typical bedroom
  • Photo 8: 223 Toronto Street in Regina: Churchill Downs Commercial for sale : MLS®# SK977474
    Stairwell to basement and second level
  • Photo 9: 223 Toronto Street in Regina: Churchill Downs Commercial for sale : MLS®# SK977474
    Large kitchen
  • Photo 10: 223 Toronto Street in Regina: Churchill Downs Commercial for sale : MLS®# SK977474
    Photo 10 of 16
  • Photo 11: 223 Toronto Street in Regina: Churchill Downs Commercial for sale : MLS®# SK977474
    Photo 11 of 16
  • Photo 12: 223 Toronto Street in Regina: Churchill Downs Commercial for sale : MLS®# SK977474
    Staff room
  • Photo 13: 223 Toronto Street in Regina: Churchill Downs Commercial for sale : MLS®# SK977474
    Basement laundry
  • Photo 14: 223 Toronto Street in Regina: Churchill Downs Commercial for sale : MLS®# SK977474
    Utility room
  • Photo 15: 223 Toronto Street in Regina: Churchill Downs Commercial for sale : MLS®# SK977474
    basement storage
  • Photo 16: 223 Toronto Street in Regina: Churchill Downs Commercial for sale : MLS®# SK977474
    4 Electrified parking spaces at back of building.
Listed by Realty Executives Diversified Realty
Data was last updated December 10, 2024 at 05:35 PM (UTC)
Area Statistics
Listings on market:
65
Avg list price:
$605,000
Min list price:
$550
Max list price:
$4,030,000
Avg days on market:
138
Min days on market:
3
Max days on market:
349
Avg price per sq.ft.:
$161.61
These statistics are generated based on the current listing's property type and located in Regina. Average values are derived using median calculations.
The Saskatchewan REALTORS® Association (SRA) IDX Reciprocity listings are displayed in accordance with SRA's MLS® Data Access Agreement and are copyright of the Saskatchewan REALTORS® Association (SRA).
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Trademarks are owned and controlled by the Canadian Real Estate Association (CREA). Used under license.
MLS® System data of the Saskatchewan REALTORS® Association (SRA) displayed on this site is refreshed every 2 hours.