Mayfair sits on the city's northwest side, with an older housing stock that includes a fair number of conversions built or altered before current suite rules existed. The City of Saskatoon's zoning bylaw and building code decide whether a second or third unit counts as legal, and that status decides which sold comparables actually apply.
Rent income matters too. A lender will credit verified rental income toward a buyer's mortgage only when the suite is permitted, and up to four units most appraisers still lean on comparable sales with a rent adjustment rather than a pure income approach.
Joel prices a Mayfair multi-family from confirmed permits, real rent rolls and genuinely comparable sales rather than a per-door average that ignores legal status. Get your hand-reviewed valuation from Joel Dyck.