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302 McKinnon AVENUE S
VARSITY VIEW GEM! Located just a few blocks from the University of Saskatchewan, Broadway Avenue, and Downtown Saskatoon, this beautifully updated sprawling bungalow sits on a desirable corner lot in one of the city’s most coveted neighborhoods. Step inside to discover a thoughtfully renovated interior featuring engineered laminate and ceramic tile flooring, fresh modern paint, stylish updated light fixtures, and several newer windows that bring in abundant natural light. The heart of the home is the timeless oak kitchen, enhanced by granite countertops and seamlessly connected to a bright east-facing dining room with a charming bay window — perfect for enjoying your morning coffee in the sun. The main floor offers three spacious bedrooms and two full bathrooms, providing ample space for family living or hosting guests. An expansive living room addition is tailor-made for entertaining, boasting vaulted ceilings, a cozy gas fireplace, and a custom wet bar – an inviting space for gatherings. Enjoy year-round relaxation in the four-season sunroom, which is heated by its own dedicated natural gas heater and included in the home’s square footage. The fully developed basement suite offers excellent mortgage helper potential, complete with a separate entrance, one large bedroom, and oversized windows. Additional features include central air conditioning, central vacuum, and an attached double garage that’s fully heated – ideal for Saskatchewan winters. The double driveway is coated with a durable rubberized finish, adding both style and function. Outside, enjoy the beautifully mature landscaping, complete with a fire pit area and underground sprinklers for easy maintenance. The vinyl siding was updated in 2014, and the shingles, soffits, fascia, and eavestroughs were replaced in 2015, ensuring peace of mind for years to come. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | — | |
| Living room | 8 × 18 feet | |
| Bedroom | 8 × 12 feet | |
| 3pc Bathroom | — |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 10 × 14 feet | |
| Dining room | 13 × 16 feet | |
| Living room | 17 × 27 feet | |
| 3pc Bathroom | — | |
| Bedroom | 9 × 10 feet | |
| Bedroom | 9 × 12 feet | |
| Bedroom | 12 × 14 feet | |
| 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
-1.29%
Cap rate
4.61%
GRM
13.9
Break-even rent
$3,632
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 Jun 11, 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.