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204 25th STREET W
Welcome to 204 25th Street West, a fantastic opportunity in the heart of Caswell Hill. Perfectly positioned on a quiet, tree-lined street beneath a canopy of mature trees, this charming raised bungalow offers the ideal combination of character, convenience, and income potential. Just minutes from downtown Saskatoon, the Saskatchewan River, parks, local shops, restaurants, and countless amenities, this location is hard to beat. The main floor features 882 sq. ft. of bright, inviting living space with beautiful hardwood flooring, two comfortable bedrooms, an updated 4-piece bathroom, and a renovated kitchen designed for both functionality and style. Large windows throughout allow natural light to flood the home, creating a warm and welcoming atmosphere. A separate side entrance leads to the fully self-contained two-bedroom basement suite, making this property an excellent mortgage helper or investment opportunity. Thanks to the raised bungalow design, the lower level benefits from oversized windows that provide an abundance of natural light, giving the suite an open and spacious feel rarely found in basement accommodations. Additional upgrades include select updated windows and a 100-amp electrical panel. Outside, the private backyard is surrounded by mature trees and offers a cozy firepit area—perfect for relaxing evenings or entertaining guests. A single detached garage and storage shed provide plenty of room for vehicles, tools, and seasonal equipment. Whether you're a first-time buyer looking to offset your mortgage, an investor seeking revenue potential, or someone wanting to enjoy the vibrant Caswell Hill lifestyle close to downtown, this property offers exceptional value and versatility. Don't miss your chance to own this income-generating gem in one of Saskatoon's most desirable character neighbourhoods. Book your private showing today! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Laundry room | x x x | |
| Bedroom | 9.6 × 10.8 feet | |
| Bedroom | 9 × 10 feet | |
| Kitchen/Dining room | 11 × 17.6 feet | |
| Living room | 11 × 10 feet | |
| 4pc Bathroom | x x x |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 16 × 12 feet | |
| Kitchen | 10.4 × 12 feet | |
| Dining room | 10.6 × 9 feet | |
| Bedroom | 10 × 10.8 feet | |
| Bedroom | 10 × 9 feet | |
| 4pc Bathroom | x x x |
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
11.42%
Cap rate
7.15%
GRM
10.0
Break-even rent
$2,201
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
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 6, 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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