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1917 Lorne AVENUE
Beds
3
Baths
2
Sqft
812
Year
1947
Type
Single Family
On market
14d
Offers are being presented at 6pm Friday / Beautiful starter home or investment opportunity located just a short walk to the river both north and west, with convenient access to nearby bus routes offering easy transportation to Downtown Saskatoon and the University of Saskatchewan. This home features an updated kitchen and updated flooring, along with an open-concept layout connecting the kitchen and living room while overlooking the backyard. The main floor offers two bedrooms and a spacious 4-piece bathroom. Downstairs you’ll find a one-bedroom mother-in-law suite with a separate entrance, providing excellent flexibility. Updates (mostly 2021) include kitchen, flooring, blown-in insulation, plumbing, furnace (2025) Looking for garage space? This property features a good sized 24’ x 24’ detached garage along with additional separate parking off the back lane. Another standout feature is the paved alley, something not commonly found in many Saskatoon properties. Whether you are searching for your first home or a revenue property with great potential, this affordable home offers outstanding value and functionality. Call today to book your private showing! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 12'5" x 11'7" | |
| Family room | 16'9" x 13'4" | |
| Bedroom | 9'11" x 12'9" | |
| 3pc Bathroom | 8'8" x 6'9" | |
| Laundry room | 13'4" x 14'6" |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 17'11 x 12'8" | |
| Kitchen | 12'4" x 8'4" | |
| 4pc Bathroom | 9'1" x 5'2" | |
| Bedroom | 9'1" x 9' | |
| Bedroom | 10'9" x 11'2" |
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
3.16%
Cap rate
5.50%
GRM
12.1
Break-even rent
$2,206
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.
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 May 30, 2026.
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Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.