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Saskatoon · Single Family · under $500,000 · 2+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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518 G AVENUE S
As a labour of love; there are many details about this home that make it special. Eco-friendly homes are growing in popularity and a lot of thought has gone into this environmentally friendly abode. Built in 2015, this two-storey sits tucked on a street that's part of Saskatoon's history since the its earliest days as the village of Riversdale (locals once called it "Richville," if you can believe it). A striking curb appeal with natural wood facade, metal window detail, front deck, and natural landscaping makes first impressions unforgettable. Just a few minutes walk to the river; the location is convenient & accessible. At 1,307 square feet, every inch has been considered. Thoughtful storage like built-in seating, sliding bench doors, toe kick drawers in the stairs and custom shelving are the fine details that prove thoughtfulness was forefront behind the design. In-floor heat throughout the home and an air exchanger make for a comfortable living environment. The home has 3 bedrooms and 3 bathrooms including the legal suite in the basement (separate entry, laundry, and electrical meter included). The future plans for this home also included a garage suite - so the sewer and water are in place already for execution. The natural light throughout the home is delightful; Triple pane argon, placed intentionally so the sunlight is captured at all times during the day. Out back, a fenced yard, and three parking stalls means never fighting for a spot on the street. Other features of the home include a gas BBQ hookup at the rear, ICF block from foundation to ceiling (speaking of ceilings - the hight on those are airy!), true standing seam metal roof - built to last 50 years, fresh paint upstairs, and a built in closet in the main bedroom fit to Ikea specs in order to customize to your liking. Riversdale has been rejuvenated in recent years, which means independent coffee shops, local boutiques, breweries, and some of the best patios in the city are just a bike ride away. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Other | — | |
| Kitchen | 9 × 7.3 feet | |
| Living room | 7.11 × 15.1 feet | |
| 4pc Bathroom | — | |
| Bedroom | 8.11 × 11.8 feet |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 12.4 × 11.8 feet | |
| Kitchen | 12 × 8 feet | |
| Dining room | 11.1 × 8.1 feet | |
| 2pc Bathroom | — |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 12.1 × 16.8 feet | |
| 4pc Bathroom | — | |
| Bedroom | 9.4 × 11 feet | |
| Dining nook | — |
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
-1.43%
Cap rate
4.58%
GRM
13.9
Break-even rent
$2,813
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 25, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
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