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1402 14th STREET E
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Great investment property thrive on location with future development options. This spacious 1800 sq. ft 6 Bedrooms 4 Baths home has three (3) different units. A three (3) Beds with 2 baths on the main floor, the Master bedroom comes ensuite with His and Hers closets. Two (2) Beds with 1 Bath in the Basement and a non comforming Bachelor suite by the side. Lots of storage spaces, and the Yard is large enough for kids to play in. Total lots size is 7,825. This house is located at a walking distance to the University of Saskatchewan, High and Elementary Schools and shopping malls. With high occupancy rate, the 3 beds on the Main floor rents for $2,000. The Basement is rented for $1,300 while the Bachelor goes for $1,100. Tenants pays all utilities New Shingles done in 2018. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Living room | 16 × 13 feet | |
| Bedroom | 11 × 11 feet | |
| Bedroom | 12 × 11 feet | |
| Kitchen | 8 × 10 feet | |
| 4pc Bathroom | 5 × 6 feet | |
| Laundry room | 19 × 8 feet | |
| Storage | 4 × 2 feet |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 13 × 12 feet | |
| Kitchen/Dining room | 17 × 12 feet | |
| 4pc Bathroom | 7.5 × 9 feet | |
| Bedroom | 12 × 11 feet | |
| Bedroom | 11 × 10 feet | |
| Primary Bedroom | 15 × 16 feet | |
| Bedroom | 8.5 × 14 feet | |
| 4pc Bathroom | 5 × 7 feet | |
| Living room | 15 × 10 feet | |
| 4pc Bathroom | 9 × 5 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
-6.77%
Cap rate
3.51%
GRM
16.7
Break-even rent
$4,239
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 May 15, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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