Saskatoon, Saskatchewan S7L0Z3
5 beds · 2 baths · 1080 sqft
Inviting Bungalow with Lucrative Rental Potential Nestled in a prime location, this spacious bungalow presents a compelling opportunity for discerning buyers and savvy investors. Boasting a total of 5 bedrooms and 2 full bathrooms, the property is thoughtfully designed to maximize functionality and income potential. Main Floor Highlights: 3 generously-sized bedrooms Expansive open living spaces Full bathroom for added convenience Updated features enhance the overall appeal Income-Generating Basement Suite: Legal 2-bedroom basement suite Additional full bathroom Rental potential of $1400/month, providing a steady income stream Optimized Rental Income: Combined potential rental income of $3500/month Appealing to mature tenants or investors seeking a lucrative opportunity Proximity to SIAST trade school enhances rental appeal RM3 zoning for future options Strategic Location: Ideal for tenants working or studying downtown Future entertainment district proximity adds to long-term value Convenient access to SIAST trade school for a diverse tenant pool Priced to Sell: Competitive pricing for a quick and attractive investment Balance of updates and value, ensuring a wise investment for the future Serious investors and mature buyers will appreciate the thoughtful layout, rental potential, and strategic location of this property. Don't miss the chance to acquire a residence that harmonizes practicality with investment foresight. (id:39198)
Year built 1928
Floor size 1080 sqft
Bedrooms 5
Bathrooms 2
Parking 3
NeighbourhoodCaswell Hill
Land size 3985 sqft
Heating type Forced air
Basement typeFull (Finished)
Parking Type Parking Space(s)
Time on REALTOR.ca28 days
This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.
Home price
$199,900
Start with 2% down and save toward 5% in 3 years*
$1,888 / month
Rent $1,705
Savings $183
Initial deposit 2%
Savings target Fixed at 5%
Start with 5% down and save toward 10% in 3 years*
$2,027 / month
Rent $1,662
Savings $365
Initial deposit 5%
Savings target Fixed at 10%