Saskatoon, Saskatchewan S7L1P4
3+1 beds• 1 bath• 880 sqft
A compelling opportunity for investors, renovators, and buyers looking for long-term potential in Saskatoon’s Mayfair neighbourhood. Situated on a prominent corner lot with R2 zoning, this property offers excellent site flexibility, convenient access from both the front and rear, and room for future improvements, subject to City requirements. The property also features four surface parking stalls, a large shed, and a covered rear patio. For buyers looking for a place to call home, this 880 sq. ft. bungalow offers 3+1 bedrooms and functional living space across two levels. The main floor features laminate flooring in the living room and front entrance, while the basement includes a family room, additional bedroom, laundry area and kitchenette. The home has benefited from updates over the years, including a high-efficiency furnace installed in 2007, central air conditioning added in 2009, backyard fencing completed in 2010, basement carpeting updated in 2014, and water heater replaced in 2024. Whether viewed as an investment opportunity, future improvement project, or a place to call home, the combination of R2 zoning, corner-lot positioning, generous yard space and established Mayfair location makes this property well worth exploring. Buyers and their representatives are encouraged to verify any future development, secondary-suite, garage, or redevelopment possibilities with the City of Saskatoon. (id:39198)
Home price
$349,900
I want to start the program with
an initial down payment of
Minimum 2% of the home price or $5,000 whichever is higher
The higher the initial deposit, the lower the monthly payments
$3,154/month
The payment includes
Rent
$2,730
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$424
Each month, $424 is set aside toward your homeownership goal in addition to your initial down payment. This mandatory monthly savings help you achieve your savings goal.
Here is the final price if I buy the house after:
Buyback Price
$405,053
Cumulative Down Payment
$20,253
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,253
Buyback Price
$367,395
Cumulative Down Payment
$10,084
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,084
Buyback Price
$385,765
Cumulative Down Payment
$15,168
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$10,168
Buyback Price
$405,053
Cumulative Down Payment
$20,253
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,253
There is no minimum rental terms. You can buy back the home anytime throughout the 3-year standard rent-to-own term!
Rent-to-Own This Home for
This home is listed on realtor.ca. Requity Homes doesn‘t own it—yet. But if it fits your budget and meets our criteria, we can buy it for you through our rent-to-own program.
You move in with as little as 2% down. Part of your monthly payment builds your future down payment. You can buy back the home anytime throughout the 3-year standard rent-to-own term!
No Hidden Fees, No Hidden Costs - Requity pays legal fees, title insurance and land transfer tax when Requity buys the home upfront. Client pays for inspection.
Client initial deposit is applied directly to the down payment when clients are ready to buy the home.
Few ways to reduce your monthly payments
• Look at homes with a lower price
• Put down a higher initial down payment
• Sublet the rooms for extra income
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next steps toward homeownership.