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Regina’s excellent long term economic and real estate market fundamentals make Wascana Town Homes an opportunity not to be missed.
- Wascana Town Homes is situated on a 4.5 acre (approx.) property and consists of seven town house blocks with spacious three level, three bedroom town homes.
- Located in the southwest region of Regina, this well-maintained property was built in 1973 and each building is wood framed.
- All units in Wascana Town Homes are roughly 1,030 square feet with three bedrooms, one and a half bathrooms, in-suite laundry and a 479 square foot (approx.) unfinished basement.
- All utilities, including gas, electricity and water are individually metered and billed directly to units.
- The property is a short walk to the University of Regina, across the street from a park, in close proximity to schools and major commuter arteries, and 10 minutes from downtown Regina.
| Type |
Style |
Purchase Price |
Approx. Sq. Ft. |
3 Bedrooms,
1.5 Bathrooms |
Town Home |
From $114,500 |
1,030 plus 479 unfinished basement |
Renovation
- An interior suite renovation program will be performed on an as-needed basis with an average amount of approximately $9,100 per unit spent on improvements.
- Each unit will have the addition of a 2 piece bathroom on the main floor, fresh paint throughout, and new light fixtures.
- Other improvements: some suites may include new carpeting on the upper floor, new linoleum flooring on the main floor and in the main bathroom, replacement of the main bathroom sink encasing and other renovations.
- Exterior renovations will be undertaken as deemed necessary by the existing condominium corporation at the property.
Financial
- A reserve fund of up to $135,050 has been established and will be allocated in the event of a special assessment when the condominium corporation is required to conduct a 25 year reserve fund study.
Property Management
- Gateway Property Management Corporation will work closely with Signature Service to provide Wascana Town Homes residents with an optimal lifestyle experience, in addition to professional asset management for our investors.
- A full service management company, Gateway was founded in 1964 and has accumulated over 40 years of property management experience with Canadian offices in Vancouver, Victoria, Prince George, Calgary, London, Waterloo and Montreal.
- Gateway offers a broad range of expertise in the residential market and presently manages over 32,000 residential units and 1.4 million square feet of commercial space. The company also has a strong reputation for delivering the highest calibre of professional services and support to property owners.
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