Revenue Property in the prime area of Varsity View!
This property is ready for its new owner to be held as a holding property for investment income or a buyer looking for their family with income mortgage support
Fantastic investment opportunity just steps from the University of Saskatchewan, University Hospital, schools, and beautiful parks! This 1075 sq ft raised bungalow, built in 1952, offers excellent rental potential in a highly sought-after neighborhood. This property features R2 zoning and has been effectively utilized as a long-term rental, with both 3-bedroom main floor and 3-bedroom non-conforming basement suite offering excellent income potential with the tenants recently graduated and currently vacant.
The main floor features original hardwood floors, a spacious layout with 3 bedrooms, dining room, living room and a 4-piece bathroom. The fully developed basement accessible by a separate entrance, includes an additional 3 bedrooms, another 4-piece bathroom, and a shared laundry area, making it ideal for multiple tenants. Plenty of on-site parking behind the property for the tenants or as additional rental income.
Don’t miss your chance to own this solid income-generating property two blocks from the University and in one of Saskatoon’s most desirable historic communities!
Listing Area:
Saskatoon
Listing Subarea:
Varsity View
Property Type:
Residential
Property Sub Type:
Detached
Building Type:
House
Home Style:
Raised Bungalow
Year built:
1952
(Age: 73)
Total Floor Area:
1,075 sq. ft.99.9 m2
Bedrooms:
6
Number of bathrooms:
2.0
Kitchens:
2
Taxes:
$4,619 /
2025
Frontage:
32'9.75 m
Ownership Title:
Freehold
Heating:
Forced Air, Natural Gas
Furnace:
Furnace Owned
Water Heater:
Included
Water Heater Type:
Gas
Construction:
Wood Frame
Basement:
Full Basement, Fully Finished
Basement Walls:
Concrete, Other
Roof:
Asphalt Shingles
Exterior Finish:
Stucco, Vinyl
Lawn Front, Partially Fenced, Trees/Shrubs
Recreation Usage: No, Separate Basement Entry: Yes
Data was last updated June 6, 2025 at 07:35 AM (UTC)
Area Statistics
Listings on market:
22
Avg list price:
$634,450
Min list price:
$149,999
Max list price:
$1,580,000
Avg days on market:
17
Min days on market:
2
Max days on market:
175
Avg price per sq.ft.:
$469.44
These statistics are generated based on the current listing's property type
and located in
Varsity View. Average values are
derived using median calculations.
The Saskatchewan REALTORS® Association (SRA) IDX Reciprocity listings are displayed in
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