220 Qu'appelle Drive W, Lumsden

$499,000

8 Beds
3 Baths
1,263 Sqft
.22 Acre
0 Garage

Here it is! The beginning of your real estate portfolio and financial freedom. Living in one half while renting out the other seems like a smart idea — and it can be a very good investment! When you’re living in one side of the duplex and renting out the other, you’re taking a big chunk out of your mortgage payment every month. You can deduct the expenses you incur while renting and maintaining your rental unit. Each side has separate utilities and offers a spacious living area with extensive upgrades. Enter into a foyer with a coat closet. Foyer leads to the living room which is slightly separated from the eat-in kitchen. South facing windows light up the space with all day sunshine. Updated kitchen cabinetry is light toned wood with complimentary laminate counter tops and deep dual stainless-steel sink. Pantry for additional food storage. Eating area overlooks the park like back yard that is a piece of paradise. Upper level has 4 bedrooms and an updated 4-piece bath. Bathroom has updated vanity and soaker tub. Lower level has a family room and utility/laundry space. One side is partially developed while the other is completely finished with family room, 3-piece bathroom and utility/laundry room. Each side has 2 parking spots out front but could build a garage in the back as lots of room to drive beside. Extensive renovations include: all windows have been replaced except the non-opening ones, all doors, both furnaces, central air both sides, flooring, kitchen cabinetry, kitchen appliances, bathrooms, all upstairs windows re-clad with anodized aluminum. Close to school K-12. Lumsden has almost everything you need right in town but only 15 minutes to Regina. 15 minutes the other way is the beach. Don’t miss this rare opportunity. A duplex is a great stepping stone for anyone looking to invest in real estate. While you live in half, you can pay down your mortgage. Then, when you move out, you can rent out both sides — doubling your rental income.

Essential Information
MLS® #SK899423
Price$499,000
Bedrooms8
Bathrooms3.00
Square Footage1,263
Acres0.22
Year Built1972
TypeResidential
Sub-TypeDuplex
StyleTwo Storey
StatusActive
Community Information
Address220 Qu'appelle Drive W
SubdivisionLumsden
CityLumsden
ProvinceSaskatchewan
Postal CodeS0G 3C0
Amenities
FeaturesAir Conditioner (Central)
Parking Spaces4
GaragesNo Garage, Parking Pad
Interior
HeatingForced Air, Natural Gas
# of Stories2
Appliances

Fridge, Stove, Dishwasher Built In, Hood Fan, Shed(s)

Exterior
ExteriorStucco
RoofTar & Gravel
ConstructionWood & Frame
Exterior Features

Lawn Back, Lawn Front, Patio, Trees/Shrubs, Fenced

Lot Description

Backs on to Park/Green Space, Irregular

Additional Information
Days on Market18
Listing Office

Realty Executives Diversified Realty

Property History
Price Reduced from $520,000 to $499,000
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