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159 Tweed LANE
Beds
4
Baths
4
Sqft
1,487
Year
2015
Type
Single Family
On market
12d
Outstanding investment opportunity or mortgage helper in sought-after Rosewood! Built in 2015, this immaculate 1,487/2 sq ft two-storey impresses from the moment you arrive with mature trees, zero-scape front yard, and a charming 6 × 20 covered veranda. The backyard is an entertainer’s dream — fully landscaped with a stone patio and walkway to the garage, pergola, fire pit, and raised garden boxes. Phanton pull screen across back door for a lovely through breeze! Inside, walnut doors throughout set an elevated tone. Soaring 9 ft ceilings and hardwood floors carry through the main level, where the New York-style kitchen features quartz countertops, a breakfast bar, and stainless steel appliances, with a back door leading to the yard. A two-piece bath and laundry complete the main floor. Upstairs enjoys three generous bedrooms including a primary with walk-in closet and three-piece ensuite, plus a shared four-piece bath — three bathrooms in total on the upper levels. Central air conditioning keeps things comfortable year-round. The fully self-contained permitted suite (Permit #1536/15) features its own separate side entrance, New York-style kitchen with quartz countertops, all appliances included, washer/dryer, and a stunning three-piece bath with in-floor heat, large shower finished in porcelain tile with a Corten steel effect. Each unit has its own independent heating source; landlord covers water only. Current rents: $2,100/mo + utilities (upper) and $1,300/mo + utilities (lower) for a combined $3,400/mo. Detached 20 × 22 garage completes this incredible package. All appliances included up and down! Listed at $529,900 mls (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Kitchen/Dining room | 14'2 x 10'6 | |
| Living room | 14'2 x 8'4 | |
| 3pc Bathroom | — | |
| Bedroom | 13 × 9 feet | |
| Laundry room | — | |
| Storage | 6'3 |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 12'7 x 11'6 | |
| Dining room | 12'9 x 9'8 | |
| Living room | 12'2 x 12'11 | |
| Laundry room | — |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 13'2 | |
| 3pc Bathroom | — | |
| Bedroom | 9'6 x 10'3 | |
| Bedroom | 9'2 x 10'4 | |
| 4pc Bathroom | — |
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
-1.32%
Cap rate
4.60%
GRM
13.9
Break-even rent
$3,298
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 Jun 9, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Saskatoon. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.