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535 Fast WAY
Not every home needs to be perfect. Sometimes the best opportunities are the ones with a little personality, a little potential, and a price tag that leaves room for your own ideas. This Aspen Ridge bi-level is exactly that. Offering 1,133 sq. ft. above grade and nearly 2,000 sq. ft. of total living space, this home features 5 bedrooms, 3 bathrooms, a fully finished basement, stainless steel appliances, custom window blinds, and a separate side entrance that opens the door to future suite potential. Whether you're a first-time buyer looking to build sweat equity, an investor searching for your next project, or someone who simply recognizes value when they see it, this property deserves a closer look. The layout is functional, the bones are solid, and the possibilities are endless. A 20x20 rear parking pad with alley access is already in place and ready for the garage you've been dreaming about. The fully finished basement provides plenty of additional living space, while the side entrance creates flexibility for future development. Location? Tough to beat. Just steps from the Northeast Swale where evening walks and spectacular prairie sunsets become part of your daily routine. You'll also appreciate quick access to major roadways, shopping, restaurants, and all the amenities that have made Aspen Ridge one of Saskatoon's fastest-growing communities. Did you see the Hot Wings Maples tree in the front yard too? It'll be gorgeous when it's fully mature! Let's be honest. It could use a little TLC. But homes with this much potential, in this location, at this price point, don't come along very often. Presentation of offers June 18th at 6:00 PM. As per the Seller’s direction, all offers will be presented on 06/18/2026 6:00PM. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Games room | 9 × 11.7 feet | |
| Family room | 22.9 × 11.7 feet | |
| Bedroom | 10.2 × 9.1 feet | |
| Bedroom | 10.6 × 10.7 feet | |
| 4pc Bathroom | — | |
| Laundry room | — |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 11.7 × 10.2 feet | |
| Living room | 9 × 12.7 feet | |
| Dining room | 8.3 × 7.8 feet | |
| 4pc Bathroom | — | |
| Bedroom | 9.1 × 9.9 feet | |
| Bedroom | 11.1 × 9.11 feet | |
| Primary Bedroom | 11.11 × 10.7 feet | |
| 3pc Ensuite bath | — |
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
2.84%
Cap rate
5.43%
GRM
12.4
Break-even rent
$3,055
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 16, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.