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332 Norreys STREET
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Drake · Single Family · under $125,000 · 1+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Drake, Saskatchewan – Spacious Lot with Great Potential! Located in the welcoming community of Drake, this property sits on an impressive 1.15-acre lot with 360 feet of street frontage, backing onto open town green space for added privacy and room to enjoy. The 1,297 sq. ft. bungalow with an attached garage offers a functional layout and plenty of opportunity to update and make it your own. The main floor includes 2 bedrooms, a 4-piece bath, a generous living room, a large dining area, and convenient main floor laundry. The lower level is partially developed and already plumbed for a 3-piece bath, adding potential living space. Originally built in 1975 with an addition in 1985, the home does require both exterior and interior improvements, giving buyers the chance to create value. Drake is conveniently situated along Hwy #20 South, just 20 minutes to the BHP Jansen and Nutrien Potash mines, and within easy driving distance to surrounding communities. This property is ideal for buyers seeking a large lot, small-town living, and the chance to renovate a home to their own style and needs. Call today to view! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | x x x | |
| Other | 16.6 × 23 feet |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 15 × 17.8 feet | |
| Dining room | 15.6 × 12 feet | |
| Kitchen | 12 × 8 feet | |
| Bonus Room | — | |
| Other | 12.7 × 5.8 feet | |
| Primary Bedroom | 12 × 11.6 feet | |
| 4pc Bathroom | 8.6 × 5.9 feet | |
| Bedroom | 12 × 12 feet |
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
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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).
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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.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Mar 5, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.