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Build your next home or investment property in one of Saskatoon’s most desirable established neighbourhoods. This vacant 24.97' x 125' R2-zoned lot offers an excellent opportunity for infill development in the heart of Buena Vista. Just a short walk from the South Saskatchewan River, Meewasin Trail, Parks, and the vibrant Broadway District, you'll enjoy easy access to local restaurants, cafés, and entertainment. With lane access and a rectangular lot configuration, the property provides the perfect opportunity to build your dream home. Located near schools, parks, transit, and downtown amenities, this is a rare opportunity to secure a vacant lot in a mature neighbourhood known for its character, walkability, and strong community feel. Buyer to verify all building and development requirements with the City of Saskatoon. (id:65958)
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
4.26%
Cap rate
5.72%
GRM
11.8
Break-even rent
$2,146
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 18, 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.
First Choice Super Market & Halal Meat Saskatoon
1024 Louise Ave, Saskatoon, SK S7H 2P7, Canada
4.6★ · 70 reviews
2.5 km away
straight-line
2.5 km away
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2.6 km away
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980 m away
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Reem Star Shawarma
1005 Broadway Ave, Saskatoon, SK S7N 1C1, Canada
4.8★ · 526 reviews
1.0 km away
straight-line
1.5 km away
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Islamic Association of Saskatchewan (IAS)
222 Copland Crescent, Saskatoon, SK S7H 2Z5, Canada
4.7★ · 154 reviews
2.6 km away
straight-line
Saskatoon Dawah & Community Center and Mosque
2220 20th St W, Saskatoon, SK S7M 3G3, Canada
4.8★ · 113 reviews
3.4 km away
straight-line
Hussaini Association of Saskatoon Mosque
702 Windsor St, Saskatoon, SK S7K 0Y9, Canada
4.7★ · 38 reviews
4.6 km away
straight-line
1306 Lorne Ave, Saskatoon, SK S7H 1X8, Canada
520 m away
straight-line
1905 Eastlake Ave, Saskatoon, SK S7J 0W9, Canada
540 m away
straight-line
2606 Broadway Ave, Saskatoon, SK S7J 0Z6, Canada
1.4 km away
straight-line