202 Utsingi Drive

Kam Lake, Yellowknife

Rare Yellowknife Commercial Opportunity

$1,980,000

Located on the end of Utsingi Dr. is one of the most unique properties you will ever find in Yellowknife. This property is 1.27 acres and has 4 buildings with a new and unique biomass boiler heating system that only costs approx $10,000/year to heat the entire property! The property has been contractor-built and developed. All the buildings exceeded the insulation and energy requirements of the day when they were built, resulting in very low operation costs. As an investment property, this listing is already generating over $16,000 per month, with the potential for much more!

The Main House - 5 Bedroom, 3 Bathroom 2760SqFt

A breathtaking courtyard connecting the home and the detached garage shows off the quality of the workmanship and pride of ownership, the entire driveway leading to the home is brick surrounded by formed concrete entertaining areas. You enter the home into the single-car attached garage. The main entrance, like a lot of the home, has an abundance of storage options. A unique layout as not often you'll find 4 large bedrooms all on the same level. The kitchen is complete with raised panel Maple veneer cabinetry with matching stainless steel appliances and granite countertops. The home has a mix of ceramic tile and maple hardwood throughout. The living room is the focal point of the house and has a great wood-burning double-sided fireplace shared with the large master bedroom. The ensuite bath is a spa-like oasis providing a stand-up tile shower with a rainfall showerhead, jetted soaker tub, and his & hers sinks with granite countertops. The top level of the home is an open concept loft with the 5th bedroom and a full 4-piece bath. Outside the main home is also a large detached 20x30 garage with an open floor plan 2nd level that makes another fantastic spot for social gatherings or the ultimate man cave, it also has an upper deck. 

The Shop - 2800+SqFt with 1250Sqft of office space above it

The shop was originally built in 2005 but was further developed in 2010 with an additional 1000 sqft added also creating the office space above. The shop has in-floor heating throughout the slab which is a part of the central pellet boiler system but also has a backup oil boiler, there is also a full bathroom on the shop level. The office space above has 3 offices + an additional boardroom/office rental and a 3-piece bathroom. On the roof of the shop, there are 15000W solar panels running through a 10Kwh inverter with net metering to decrease operating costs even further.

2nd House - Rental /Staff House potential - 2 Bedroom+Loft 

That's right you're reading this correctly, there is a second house on this property! Located on the back of the property situated amongst the trees almost like a cabin feel. With a large wrap-around covered deck and led pot lights In the soffit, this place looks great in the day or night! This two-bedroom plus loft home has ceramic tile and rich dark hardwood floors throughout. The main living area has vaulted ceilings and lots of natural light.

From an income-generating perspective, this property is currently generating $16,800/month, which should make it enticing to any real estate investor or big business enterprise looking to expand and set up shop in Kam Lake.

Call Dwayne today for a private viewing! (867)445-8380

Included Items: List to be made

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