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215 Thakur STREET
Welcome to this immaculate, turnkey 3+1 bedroom, 3-bathroom bi-level home with a fully developed 2-bedroom legal basement suite in Aspen Ridge, one of Saskatoon’s most sought-after communities. Offering 1,143 sq. ft. of thoughtfully designed living space and outstanding income-generating potential, this move-in-ready property is the perfect blend of comfort, functionality, and long-term value. The bright and inviting main floor features an open-concept living, dining, and kitchen area designed for both everyday living and entertaining. The private primary retreat includes a spacious his-and-hers closet and a dedicated 4-piece ensuite, while two additional generously sized bedrooms and a full bathroom complete the main level. The lower level adds even more flexibility with a bonus family room and convenient 2-piece bathroom, easily serving as a fourth bedroom, home office, or recreation space—providing a highly desirable 3+1 bedroom layout for growing families. Step outside to your fully fenced backyard oasis, complete with a beautiful 14’ x 10’ deck and 12’ x 12’ landing. It’s the perfect spot to enjoy your morning coffee or afternoon tea while overlooking the yard and watching the kids play safely. Both the front and backyard have been thoughtfully designed for low-maintenance living, allowing you to spend more time relaxing and less time on yard work. Adding tremendous value, this premium Aspen Ridge property includes a fully developed, self-contained 2-bedroom legal basement suite with its own private entrance—an excellent mortgage helper that can generate steady rental income and significantly offset your monthly payments. Completing the package is a detached double-car garage, attractive low-maintenance landscaping, and a fully fenced yard, making this home an outstanding opportunity for families, investors, or buyers looking for both lifestyle and long-term value. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Other | 9.4 × 11.9 feet | |
| 2pc Bathroom | X x X | |
| Kitchen/Dining room | 8.8 × 12 feet | |
| Living room | 11 × 11.2 feet | |
| 4pc Bathroom | X x X | |
| Bedroom | 10.8 × 10.6 feet | |
| Bedroom | 9 × 9 feet |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 12 × 9.8 feet | |
| Dining room | 10.8 × 12.2 feet | |
| Living room | 13.8 × 12.2 feet | |
| Bedroom | 12 × 13 feet | |
| Bedroom | 10.8 × 8.1 feet | |
| Bedroom | 9 × 8.6 feet | |
| 4pc Bathroom | X x X | |
| 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
-1.21%
Cap rate
4.62%
GRM
13.9
Break-even rent
$3,753
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 14, 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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