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99 Lindsay DRIVE
Beds
6
Baths
2
Sqft
1,040
Year
1961
Type
Single Family
On market
0d
Looking for an investment property, mortgage helper, or a home where you can build sweat equity? This 1,040 sq. ft. bungalow in the highly sought-after community of Greystone Heights offers exceptional potential in one of Saskatoon's most desirable locations. Ideally situated near the university, elementary schools, parks, shopping, and dining along 8th Street, with quick and convenient access to Circle Drive, this property combines location, lifestyle, and opportunity. The bright and inviting main floor features a spacious living room and open dining area, highlighted by large triple-pane windows that fill the home with natural light. The functional kitchen offers ample cabinetry and workspace, while three comfortable bedrooms and a four-piece bathroom complete the main level. Adding to the home's versatility is a separate entrance to the basement, which features a non-conforming three-bedroom suite complete with its own kitchen and four-piece bathroom. This flexible space is ideal for students, extended family, multi-generational living, or generating additional rental income. Outside, you'll find an insulated and drywalled double detached garage, a storage shed, and a dedicated RV parking area secured by a sliding chain-link gate. Mature landscaping and the well-established neighborhood further enhance the property's appeal. Additional features include central air conditioning, ample off-street parking, and a location that continues to be highly sought after by both homeowners and investors. Whether you're searching for a family home with income potential, a revenue property, or a renovation opportunity to add value, this is a property you won't want to miss. Contact me today to book your private showing! As per the Seller’s direction, all offers will be presented on 06/12/2026 1:00PM. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 22'7 x 13'6 | |
| Other | — | |
| Bedroom | 10'10 | |
| Bedroom | 14'3 | |
| Bedroom | 12'0 x 12'9 | |
| 4pc Bathroom | 7'8 x 7'2 | |
| Laundry room | 16'6 x 4'11 |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 12'6 x 12'9 | |
| Dining room | 8'1 | |
| Living room | 20'11 x 12'9 | |
| 4pc Bathroom | 5'0 x 9'0 | |
| Primary Bedroom | 10'1 x 12'9 | |
| Bedroom | 9'0 x 9'2 | |
| Bedroom | 8'9 x 9'2 |
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
7.58%
Cap rate
6.38%
GRM
11.0
Break-even rent
$2,722
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.
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.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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.