3940 Rae Street, Regina, SK, S4S 3A2 - investment for sale | Listing ID SK984310

3940 Rae STREET, Regina, Saskatchewan, S4S 3A2

MLS® # SK984310

new listing

Investment For Sale In Parliament Place, Regina, Saskatchewan

$1,300,000

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3940 Rae Street, Regina, SK - Outdoor With Facade

3940 Rae Street, Regina, SK - Outdoor With Exterior

3940 Rae Street, Regina, SK - Indoor Photo Showing Other Room

3940 Rae Street, Regina, SK - Indoor Photo Showing Bathroom

3940 Rae Street, Regina, SK - Indoor Photo Showing Living Room

3940 Rae Street, Regina, SK - Indoor Photo Showing Kitchen

3940 Rae Street, Regina, SK - Indoor Photo Showing Bedroom

3940 Rae Street, Regina, SK - Indoor Photo Showing Laundry Room

3940 Rae Street, Regina, SK - Indoor Photo Showing Basement

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3940 Rae STREET, Regina, Saskatchewan, S4S 3A2

$1,300,000

Property Information:

Located at 3940 Rae St in Regina, SK, this 12-unit apartment block presents a unique opportunity for investors seeking a well-positioned property in a high-demand area. The building is directly adjacent to essential services, including public transit stops, grocery stores, restaurants, and entertainment options like movie theaters, ensuring convenience for tenants. The property features individual power meters and is heated by an efficient boiler system. With a stable and reliable tenant base, this property offers consistent rental income, making it an attractive option for anyone seeking an investment with minimal management concerns. The building's condition has been well-maintained, contributing to its overall appeal for prospective owners. This is a great chance to acquire a property with both immediate returns and long-term potential. Contact us today to schedule a private viewing and explore this opportunity firsthand. (id:27)

Building Features:

Style: Fourplex
Building Type: Multi-Family
Amenities: Shopping Area
Architectural Style:
Heating Type:
Heating Fuel: Natural gas
Appliances: Refrigerator, Stove

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Amenities Nearby: Public Transit
Built in: 1959
Community Features: Pets not Allowed
Landscape Features: Lawn
Lot Size: 9369.00 Square Feet
No. of Parking Spaces: 12

Courtesy of: Century 21 Dome Realty Inc.

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Market Price Trends

Location of 3940 Rae STREET, Regina, Saskatchewan, S4S 3A2

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

26 hot days expected in 2050

Projected Precipitation Risk: Low

10 storms expected in 2050

Projected Heat Risk: Moderate

26 hot days expected in 2050

46/100

Moderate

ClimateCheck®

Current data

This property, 3940 Rae STREET , experiences 7 hot days per year at around 32.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 26 hot days at 36 degrees Celsius.

Projected Avg. Temperature

Past

32.3℃

2050

36℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Low

10 storms expected in 2050

17/100

Low

ClimateCheck®

Current data

This property, 3940 Rae STREET , experiences 10 significant 2-day storms per year, with about 183.5mm of precipitation per storm.

Projected data

Severe storms are expected to decrease in this area. In 2050, it is projected that there will be 10 significant 2-day storms with 189.1mm of precipitation per year.

Precipitation Per Storm

Past

183.5mm

2050

189.1mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 3940 Rae STREET, Regina, Saskatchewan, S4S 3A2

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$100,532.32

Average Number of Children

1.80

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.38 %

High school certificate or equivalent

34.28 %

Apprenticeship trade certificate/diploma

3.49 %

College/non-university certificate

11.84 %

University certificate (below bachelor)

2.41 %

University Degree

35.6 %

Commuter

Travel To Work

By Car

65.73 %

By Public Transit

24.81 %

By Walking

7.23 %

By Bicycle

0.0 %

By Other Methods

2.23 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

69.68 %

Houses

30.32 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 3940 Rae STREET, Regina, Saskatchewan, S4S 3A2

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 3940 Rae STREET, Regina, Saskatchewan, S4S 3A2

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

3940 Rae STREET, Regina, Saskatchewan, S4S 3A2

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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