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Saskatoon · Single Family · under $575,000 · 3+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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510 R AVENUE N
Welcome to 510 Ave R North in the beautiful Mount Royal neighbourhood. The pride of ownership is obvious when you drive up to the house, with low maintenance landscape, rubber coated sidewalk, and large wooden stairs and porch. This unique multi-level 1812 square foot home plus basement is a great opportunity for a multi-generational family, or an investment property with the legal basement suite. This lovely property is truly turn-key. The main floor features a spacious living room that opens to the dining area which showcases a beautiful decorative fireplace with stone wall and huge window- just needs an insert to be operational. The renovated kitchen has ample counter space with cabinets to the ceiling, fridge, stove, dishwasher, and over-the-range microwave. The large, renovated main bath needs nothing done. Up a few stairs to two good sized bedrooms. Walk through the office area to enter a large, ground floor family room with access to the back yard through patio doors. The family room features a gas fireplace and a nook/wet bar. On that level, you access the attached converted insulated garage, which acts as a storage room. From the family room you go upstairs to a very private primary bedroom with a 4-piece ensuite. The legal basement suite has been updated with new flooring, kitchen and bathroom fixtures. This house has updated windows, shingles, HE furnace and water heater, electrical upgrades, and is also air conditioned for summer comfort. The yard offers mature trees and a pressure treated and stained fence. The 28’ x 28’ double garage is fully insulated and heated- a handy persons dream with back-alley access. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 12.2 × 9.4 feet | |
| Living room | 14 × 12.7 feet | |
| Bedroom | 12.6 × 10.6 feet | |
| 4pc Bathroom | — | |
| Laundry room | 11.2 × 7.9 feet |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Foyer | 9.3 × 4 feet | |
| Dining room | 9.7 × 12 feet | |
| Living room | 13.4 × 12.9 feet | |
| Kitchen | 14.4 × 7.9 feet | |
| Office | 11.3 × 8.1 feet | |
| 4pc Bathroom | — |
Third level
| Room | Dimensions | Features |
|---|---|---|
| Dining nook | 7.8 × 11 feet | |
| Storage | 17.3 × 11.5 feet | |
| Family room | 17.4 × 20.1 feet |
Fourth level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 12.7 × 11.4 feet | |
| 4pc Ensuite bath | — |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 11.5 × 11.3 feet | |
| Bedroom | 11.5 × 11.7 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
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
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Insurance estimate
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Commute
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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
-1.23%
Cap rate
4.62%
GRM
13.9
Break-even rent
$3,237
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.
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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 Jun 22, 2026.
Location of this listing. Distances are straight-line.
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Buyer-fit signals
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