Saskatchewan REALTORS Association figures put the citywide benchmark at $444,700, and a two-family property usually costs more upfront than a comparable single-family home, so the rental income has to justify both the higher purchase price and the added responsibility of having a tenant.
That responsibility is real and comes with obligations under the Residential Tenancies Act, 2006, from handling a damage deposit correctly to following the rules for entry and notice, a different skill than simply owning a house you live in alone.
If the numbers work and the suite is legal, a two-family purchase can meaningfully lower a first-time buyer's real monthly cost of ownership. Get your hand-reviewed valuation from Joel Dyck.