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206 855 Wollaston CRESCENT
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Welcome to 206-855 Wollaston Crescent, a well-maintained one-bedroom condominium nestled in the heart of Lakeview, one of Saskatoon's most established and desirable neighbourhoods. Surrounded by mature trees, walking paths, parks, and convenient amenities, this is an excellent opportunity for first-time buyers, downsizers, students, or investors seeking an affordable home in a fantastic location. Inside, you'll find a bright and spacious living room offering plenty of room to relax or entertain, while the functional kitchen features stainless steel appliances. The bedroom is generously sized, and the convenience of an in-suite washing machine adds everyday practicality rarely found at this price point. An included outdoor parking stall ensures hassle-free parking year-round. Lakeview is loved for its quiet residential streets, nearby schools, beautiful green spaces, and easy access to shopping, restaurants, public transit, and recreational amenities. Enjoy being just minutes from Lakewood Civic Centre, grocery stores, walking trails, and everything you need for comfortable daily living. Whether you're looking for an affordable place to call home or a solid investment opportunity, this condo offers exceptional value in a sought-after Saskatoon neighbourhood. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen/Dining room | 11'8 x 6'10 | |
| Living room | 12'2 x 15'6 | |
| Bedroom | 9'10 x 12'1 | |
| 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
19.58%
Cap rate
8.78%
GRM
8.2
Break-even rent
$924
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.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Start with mosques, schools, halal restaurants, halal grocery, and transit. Toggle more categories when you want the fuller neighborhood picture.
2.4 km away
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1.7 km away
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Islamic Association of Saskatchewan (IAS)
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4.7★ · 154 reviews
4.0 km away
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Hussaini Association of Saskatoon Mosque
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4.7★ · 38 reviews
7.5 km away
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3.5 km away
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