Brand new for 2016, this incredible Saskatoon home features extra $ income from a legal basement suite, spacious two- or three-car garage, and a modern open-concept design. This might just be your perfect home.
Each legal suite comes with a ready to use detached double- or triple-car garage, which means cozy cars and plenty of storage space.
The 1,100 sq.ft. 3 bed / 2 bath, open-concept design boasts wide open spaces for the whole family. All appliances are included. The family room downstairs belongs to the main floor. Additionally, a 2-bedroom legal basement suite is immediately ready to provide secondary income.
Not only are these homes well-built, they are designed to be financially smart investments. Because the Legal Basement Suite is city-approved, the bank counts the income towards mortgage qualifications. And the income will offset your mortgage by more than half.
Homes priced $429,900 to $499,900.
Here’s an example mortgage breakdown using current rates:
Example mortgage at $449,900
Term: 25 Years
Interest Rate: 5 Year, 2.64%
5% Downpayment: $22,495
Mortgage Payment with Insurance: $2,000
Potential Income from Suite: $1,200
Net mortgage payment:
1,100 Sq. Ft.
Upstairs: 3 bed, 2 bath
Basement Suite: 2 bed, 1 bath.
Suite fetches $1,200/month rent.
Stainless Steel Appliances Included (Up & down).
Front-loading washer and dryer Included (Up & down).
Energy efficient water heater and furnace.
Modern decor ~ quartz, laminate, upgraded lighting and plumbing.
Large kitchen with island.
Large windows, triple-pane.
City-approved Legal Basement Suite
Interested? We knew you would be. Here's how to see a home in person:
Royalty Construction Ltd. is a Saskatchewan-based, family-run home building business, started by Reg and Bonnie Amendt in 1982. Everyone in the family has a part > Dad is the CEO, Mom and Grandmother do accounting. Daughter is a designer and project manager, and the Son is a project manager and warranty rep, and the Sister-in-law is the building and warranty coordinator, in addition to their growing team.
Royalty is a reliable name in Saskatoon. Royalty has built hundreds of homes and commercial developments, and the quality of their workmanship speaks volumes.