Panko and Associates

2102 Herman Avenue Saskatoon, Saskatchewan S7M 0N2

2 Bedroom 1 Bathroom 650 ft2
Raised Bungalow Forced Air

$345,000

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. (id:41462)

Property Details

MLS® Number SK036556
Property Type Single Family
Neigbourhood Exhibition

Building

Bathroom Total 1
Bedrooms Total 2
Architectural Style Raised Bungalow
Basement Development Unfinished
Basement Type Full (unfinished)
Constructed Date 1958
Construction Style Attachment Detached
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 650 Ft2
Type House

Parking

None
Parking Space(s) 4

Land

Acreage No
Fence Type Fence
Size Frontage 50 Ft
Size Irregular 50x120
Size Total Text 50x120

Rooms

LevelTypeDimensions
Main Level Living Room 12 ft x 10 ft
Main Level Dining Room 9 ft x 9 ft
Main Level Kitchen 9 ft x 10 ft
Main Level Bedroom 11 ft x 11 ft
Main Level Bedroom 11 ft x 10 ft
Main Level 4pc Bathroom 8 ft x 6 ft

Contact Us

Contact us for more information

Generating Captcha

Your Favourites

 

No Favourites Found