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Saskatoon · Single Family · under $800,000 · 5+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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622 Glacial Shores WAY
Welcome to 622 Glacial Shores Way—an outstanding revenue opportunity in the heart of Evergreen with multiple income streams and incredible flexibility. - The main residence offers **4 bedrooms and 2 bathrooms**, including a spacious primary suite with a walk-in closet and private ensuite. The functional layout features a bright living room, dining area, kitchen, generous basement family room, **brand-new flooring throughout the main dwelling**, and separate laundry from the basement suite. - Downstairs, the **2-bedroom suite** features **in-floor heat**, providing consistent comfort, improved efficiency, and no baseboard heaters to dictate where the couch has to live. - Outside, the income keeps coming with an **attached garage**, plus a **double detached garage** that's currently rented separately. A **brand-new concrete driveway** completes the package and adds great curb appeal. - The revenue history speaks for itself. The current owner has previously achieved rents as high as **$3,800/month** for the main residence, with the most recent rent at **$3,400/month**. The **basement suite is currently tenant occupied at $1,600/month**, while the **detached garage generates an additional $400/month**. Historically, both the main home and suite have been rented with **utilities paid separately by the tenants**. The **main residence is currently vacant**, giving the next owner the flexibility to move in or secure a new tenant at today's market rates. - Located in sought-after **Evergreen**, you're just minutes from **Sylvia Fedoruk School**, **St. Nicholas Catholic School**, **Funk Park**, **Evergreen Square**, plus the shopping, restaurants, and amenities of **Aspen Ridge** and **University Heights**. - Whether you're looking for a smart investment, a mortgage helper, or simply enjoy the idea of a property that works almost as hard as you do, 622 Glacial Shores Way is an opportunity that's too good to overlook. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Family room | 11'04 x 13'0 | |
| Laundry room | x x x | |
| Kitchen | 6'03 x 16'02 | |
| Living room | 10'05 x 16'02 | |
| Bedroom | 9'0 x 11'02 | |
| Bedroom | 9'0 x 10'0 | |
| 4pc Bathroom | x x x | |
| Laundry room | x x x |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 9'02 x 10'0 | |
| 4pc Bathroom | x x x | |
| Foyer | 5'04 x 12'0 | |
| Kitchen | 8'06 x 11'06 | |
| Dining room | 12' x 12'04 | |
| Living room | 13'06 x 12'04 | |
| Primary Bedroom | 12'08 x 11'0 | |
| 4pc Ensuite bath | x x x | |
| Bedroom | 9'02 x 10'0 |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 12'06 x 12'08 |
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
-0.99%
Cap rate
4.67%
GRM
13.9
Break-even rent
$4,450
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 Jul 13, 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.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.