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2614 7th STREET E
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Welcome to 2614 7th Street East, a 5-bedroom, 2-bathroom up-and-down duplex ideally located in one of Saskatoon's most desirable east-side neighbourhoods. Situated close to schools, parks, public transit, and all the amenities of 8th Street, this property offers excellent potential for investors, renovators, or buyers looking to build equity. Both the upper and lower levels feature spacious living areas, dedicated dining spaces, and generously sized bedrooms, with the upper unit offering access to a front balcony. Outside, you'll find mature landscaping, underground sprinklers, newer fencing, a single detached garage, and additional off-street parking. This property requires some updating and TLC, but presents a fantastic opportunity to add value in a prime location with strong long-term upside. Whether you're looking for an income property, a renovation project, or a home with revenue potential, this is one worth exploring. As per the Seller’s direction, all offers will be presented on 06/19/2026 2:00PM. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 8.3 × 8.6 feet | |
| Dining room | 11.6 × 9.5 feet | |
| Living room | 20 × 11.9 feet | |
| Bedroom | 8.4 × 9.2 feet | |
| Bedroom | 11.2 × 11.11 feet | |
| 4pc Bathroom | — |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 11.4 × 9.1 feet | |
| Dining room | 7.5 × 12.5 feet | |
| Living room | 19.6 × 12.5 feet | |
| Bedroom | 9.6 × 9.1 feet | |
| Bedroom | 9.7 × 9.7 feet | |
| Bedroom | 12.5 × 11 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
5.29%
Cap rate
5.92%
GRM
11.6
Break-even rent
$2,874
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.