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Saskatoon · Single Family · under $250,000 · 2+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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806 L AVENUE N
Attention Investors & First-Time Buyers! Prime Corner Lot with Double the Potential! Welcome to this cute and cozy 780 sq. ft. bungalow, perfectly situated on a massive 50’ corner lot consisting of two separately titled 25’ lots. Boasting a large 2-car detached garage (built in 2009) for excellent parking and storage, this property offers incredible flexibility. Whether you're looking for a mortgage helper, great workshop space, or future development potential, this home checks all the boxes! Property Highlights: Main Floor: A bright, welcoming living space featuring 2 comfortable bedrooms and a refreshed 4-piece bathroom complete with a newer vanity, toilet, and tile flooring. Basement: A non-conforming bachelor/mother-in-law suite—perfect for a roommate, guests, or extra living space; plus, shared laundry. Big-Ticket Upgrades: Furnace, water heater, and dishwasher all replaced in 2022. Shingles updated ~2018. Several newer windows throughout, plus fresh paint. Outdoor Living & Storage: Step into your chain-link fenced backyard. The massive 10’ x 26.5’ back deck (built in 2011) is perfect for summer BBQs and entertaining. For extra storage, there is also a handy outdoor storage shed alongside the double garage. This charming, move-in-ready property is a rare find. Whether you are stepping onto the property ladder or expanding your portfolio, this is a must-see. Call your favourite agent for a private viewing today! *> As per sellers’ instruction, all offers will be presented to the sellers on Tues., July 14 at 4 pm. As per the Seller’s direction, all offers will be presented on 07/14/2026 12:04AM. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Kitchen/Dining room | 11.1 × 13.11 feet | |
| Bedroom | — | |
| 3pc Bathroom | — | |
| Dining nook | 8 × 6.4 feet | |
| Laundry room | 20.6 × 12.3 feet |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Foyer | 6.2 × 4.1 feet | |
| Kitchen/Dining room | 14.6 × 8.3 feet | |
| Living room | 13 × 15.2 feet | |
| 4pc Bathroom | — | |
| Bedroom | 11.9 × 7.8 feet | |
| Primary Bedroom | — |
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
25.46%
Cap rate
9.96%
GRM
7.6
Break-even rent
$1,418
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 10, 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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