We use cookies for basic analytics + follow-up. Privacy
We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.
Buyer alert automation
Get matching homes sent on your schedule. This uses this home's city, style, bedroom count, and price band as the starting filter.
Choose alert settings, then sign in
Saskatoon · Single Family · under $550,000 · 2+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
Alert speed
Send by
Watch for
Swipe through similar matches — tap the heart to save, or open one for the full read.
309 / 311 Y AVENUE S
Investor Alert! This 6 bedroom investment property includes four rental units: two 2-bedroom main floor suites (approx. 1,022 sq. ft. each) and two 1-bedroom basement suites (approx. 790 sq. ft. each). Each unit has its own separate power meter (paid by tenants). The building is heated with a brand new hot water boiler system (Feb 2026). Shingles replaced in 2020. Shared laundry rooms in basement. All suites are currently rented to long-term tenants (month-to-month) who wish to remain, providing immediate, stable rental income for the new owner. See virtual tour of the entire property. COPY AND PASTE https://360.anikio.com/forsale/309ys (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 20'9" x 11'5" | |
| Bedroom | 10'10" x 11'4" | |
| 3pc Ensuite bath | 7'5" x 8'8" | |
| Laundry room | 9'7" x 19'6" | |
| Family room | 14'11" x 13'9" |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 7'3" x 7'6" | |
| Storage | 7'3" x 6'5" | |
| Bedroom | 10'9" x 10" | |
| Bedroom | 9'8" x 13'10" | |
| Living room | 14'11" x 13'10" | |
| Dining room | 10'9" x 9'5" | |
| Kitchen | 10'11" |
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
-7.03%
Cap rate
3.46%
GRM
16.7
Break-even rent
$3,116
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.
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 Apr 20, 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.