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246 Sutter PLACE
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Saskatoon · Single Family · under $725,000 · 4+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Seller is a licensed REALTOR Completely rebuilt house - considered new by building standards (>85%) Permitted up/down duplex in Stonebridge - 3 bdrms, 2 full baths, 1145 sq ft up - 2 bdrms, 1 full bath down. Extra room & storage for the main floor in the basement Full laundry in each suite Separate gas & power meters for each suite were installed when the house was built. Vinyl Plank flooring throughout for easy cleaning This property is ideal for those that want to get started in the rental market & use the suite to subsidize their mortgage payments and then be able to keep it as they acquire more rentals The main floor has forced air, natural gas heat & air conditioning, natural gas heat 14' x 16' deck off the main floor kitchen There is dry storage under the deck. Natural gas bbq connection on the deck. An identical house in SB is generating $4000/mo + utilities Some touchups still being done & should be complete within a week New shingles, windows, insulation thruout including the garage, all new electrical, plumbing, doors, deck, eavestroughs etc etc As per the Seller’s direction, all offers will be presented on 07/10/2026 9:30AM. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 10.1 × 6.1 feet | |
| Living room | 8 × 11.4 feet | |
| Bedroom | 9.1 × 9 feet | |
| Bedroom | 10.4 × 9 feet | |
| 4pc Bathroom | — | |
| Other | 12 × 10 feet |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 11.1 × 9.2 feet | |
| Dining room | 11.1 × 10 feet | |
| Living room | 14.6 × 11.6 feet | |
| 4pc Bathroom | — | |
| Bedroom | 12.6 × 10 feet | |
| 4pc Bathroom | — | |
| Bedroom | 10.6 × 8.1 feet | |
| Bedroom | 9.6 × 9 feet |
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
-6.37%
Cap rate
3.59%
GRM
16.4
Break-even rent
$4,027
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 Jul 3, 2026.
Location of this listing. Distances are straight-line.
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