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150 Saddlelake Grove NE
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Beds
8
Baths
7 full + 1 half
Sqft
3,385
Year
2013
Type
Single Family
On market
11d
2 BASEMENT SUITES (2 BEDROOM LEGAL SUITE & 1 BEDROOM ILLEGAL SUITE) | 8 BEDROOMS | 6.5 BATHROOMS | 2 SEPARATE LAUNDRY| Welcome to this beautiful corner-lot home in Saddle Ridge NE featuring a stucco and brick exterior, spacious living and family rooms, and an elegant spiral staircase. Recent flooring updates give the home a modern feel, while the large kitchen with separate spice kitchen offers plenty of space for cooking and entertaining. The main floor also includes a bedroom and a full four-piece bathroom. Upstairs features a spacious primary bedroom with a walk-in closet and five-piece ensuite, a second bedroom with its own ensuite, two additional bedrooms, a full bathroom, and a versatile loft area. The legal basement suite includes two bedrooms, one full bathroom, and a half bath, making it perfect for extended family or rental income. With a roof replaced just a years ago, this home offers the perfect blend of space, comfort, and functionality. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 6.33 Ft x 15.25 Ft | |
| Dining room | 8.33 Ft x 11.25 Ft | |
| Bedroom | 11.00 Ft x 9.83 Ft | |
| Kitchen | 5.25 Ft x 15.17 Ft | |
| Living room | 14.50 Ft x 15.17 Ft | |
| Bedroom | 8.67 Ft x 10.50 Ft | |
| 4pc Bathroom | 4.83 Ft x 7.83 Ft | |
| Bedroom | 12.00 Ft x 11.58 Ft | |
| 2pc Bathroom | 8.58 Ft x 7.33 Ft | |
| Laundry room | 5.75 Ft x 10.17 Ft | |
| Furnace | 11.00 Ft x 10.17 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 29.25 Ft x 26.08 Ft | |
| Family room | 16.42 Ft x 15.92 Ft | |
| Dining room | 9.75 Ft x 7.17 Ft | |
| Kitchen | 19.50 Ft x 16.50 Ft | |
| Other | 13.00 Ft x 8.17 Ft | |
| Bedroom | 10.83 Ft x 8.75 Ft | |
| 4pc Bathroom | 7.83 Ft x 4.83 Ft | |
| Laundry room | 12.17 Ft x 5.50 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 17.25 Ft x 15.92 Ft | |
| 5pc Bathroom | 11.42 Ft x 16.00 Ft | |
| Other | 6.58 Ft x 10.50 Ft | |
| Bedroom | 15.58 Ft x 14.42 Ft | |
| 3pc Bathroom | 5.00 Ft x 8.17 Ft | |
| Bedroom | 10.92 Ft x 11.67 Ft | |
| Bedroom | 10.92 Ft x 10.75 Ft | |
| 4pc Bathroom | 7.58 Ft x 5.08 Ft | |
| 4pc Bathroom | 11.00 Ft x 5.00 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-6.49%
Cap rate
3.57%
GRM
16.7
Break-even rent
$7,059
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 8, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Start with mosques, schools, halal restaurants, halal grocery, and transit. Toggle more categories when you want the fuller neighborhood picture.
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