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1530 B AVENUE N
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Saskatoon · Multi-family · under $3,650,000. Alerts only send when there are new or meaningfully updated matching homes.
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"GRAND OPPORTUNITY FOR INVESTORS!" Portfolio of 6 side by side newer built 2023 two story style properties. Each including a individual legal basement suites. Total of 12 rental units included under a assumable CMHC blanket mortgage to be assumed (approximately 2.416 million), by the said purchaser. See Pro forma Brochure and rent roll in supplements. All agents to qualify any interested parties prior to confirming a time to view. At least 48 hours of notice w/no showings on the weekend. Regarding utilities: - Tenants are responsible for utilities in each suite, seller only cover utility costs during any turnover that lasts longer than 1 month. - There are no common spaces to heat and light, so no costs there. - Main floors have natural gas furnaces and water heaters which are located in the utility room at the bottom - There is one water meter to each house. Water is billed through the sellers' property manager and charged back to the tenants (divided based on square footage I believe). In summary, in the basement stairwell, these utility rooms are smoke sealed from the basement suite and considered part of the main floor unit. - Basements have electric baseboard heat and electric water heaters located in the laundry closet. - Natural gas is only supplied to the main floor unit, and only billed to the main floor unit. - There are separate power meters for each suite. tenants are responsible for 100% of the utility costs during occupancy, the owners only cover vacant months. *Should you have any further interest please reach out to your commercial agent today or forward a email for further inquiries.* (id:65958)
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
-0.50%
Cap rate
4.76%
GRM
13.9
Break-even rent
$20,523
Financing
Operating expenses (monthly)
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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.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
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. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker 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 24, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.