The sector also takes in Silverspring, Erindale, Arbor Creek and Willowgrove, and it is overwhelmingly single-family, which means comparable multi-family sales are thin and often more than a year apart. Thin comparables are exactly when a careful, hand-reviewed valuation matters most rather than less.
Zoning confirmation with the City of Saskatoon comes before any income projection, since a single-family home with an unpermitted basement suite is not a legal multi-family property no matter what a listing calls it, and financing above four units generally requires a report from an Appraisal Institute of Canada designated appraiser.
Investors who skip that confirmation step risk underwriting rent a lender will not actually recognize. Get your hand-reviewed valuation from Joel Dyck.