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Listed by Scott Ziegler • Boyes Group Realty Inc.
$345,000
Est. payment /mo
2 Beds
1 Bath
650 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 650 sqft
Price per Sqft $530
Subdivision Exhibition
MLS Listing ID SK036556
Style Raised Bungalow
Bedrooms 2
Year Built 1958
Property Sub-Type Detached
Source Saskatchewan
Property Description
Opportunities like this don't come around often in Saskatoon's core neighbourhoods. Sitting on a rare 50-foot wide corner lot just blocks from the river, this property is all about location, flexibility, and future upside. Whether you're a developer looking for your next project, an investor searching for a holding property, a flipper wanting your next transformation, or a first-time buyer willing to build sweat equity in an unbeatable location — this one deserves a serious look.
The existing 650 sq. ft. home offers two bedrooms, a full bathroom, living room, dining area, kitchen, and an open basement ready for future development. While the home could use updating, the real value here is in the land and the possibilities that come with it. The oversized corner site opens the door for multiple redevelopment strategies — from a potential fourplex build to standalone homes with basement suites, garage suites, or garden suites (buyer to verify options with the city).
In the meantime, the property remains very rentable as a holding asset while future plans come together. And for buyers who value lifestyle as much as investment potential, it's hard to beat this location. Just a short walk to the river trails, the farmers' market, downtown, and the heart of the Exhibition area, this is the kind of neighbourhood people move into and rarely want to leave.
Properties with this combination of lot size, corner exposure, walkability, and redevelopment potential are becoming increasingly hard to find.
The existing 650 sq. ft. home offers two bedrooms, a full bathroom, living room, dining area, kitchen, and an open basement ready for future development. While the home could use updating, the real value here is in the land and the possibilities that come with it. The oversized corner site opens the door for multiple redevelopment strategies — from a potential fourplex build to standalone homes with basement suites, garage suites, or garden suites (buyer to verify options with the city).
In the meantime, the property remains very rentable as a holding asset while future plans come together. And for buyers who value lifestyle as much as investment potential, it's hard to beat this location. Just a short walk to the river trails, the farmers' market, downtown, and the heart of the Exhibition area, this is the kind of neighbourhood people move into and rarely want to leave.
Properties with this combination of lot size, corner exposure, walkability, and redevelopment potential are becoming increasingly hard to find.
Location
Province SK
Community Exhibition
Rooms
Basement Full Basement, Unfinished
Kitchen 1
Interior
Heating Forced Air, Natural Gas
Exterior
Exterior Feature Siding
Parking Features No Garage
Garage Spaces 4.0
Roof Type Asphalt Shingles
Total Parking Spaces 4
Others
Ownership Freehold
Virtual Tour https://youtube.com/shorts/4QiRxBfm0DM?si=6wFxVd-D4rCdL9ne
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