An older duplex or converted bungalow can carry decades of electrical, plumbing and egress changes that were never inspected, and none of that shows up in an online estimate or in public assessment records. A buyer's lender, however, will only credit rental income from a unit the City of Saskatoon has on file as permitted.
Existing tenancies transfer under the Residential Tenancies Act, 2006, so a current rent roll and lease copies belong in the listing package from the start. A pre-listing inspection, typically $400 to $600, is worth doing on a building this age before a buyer's own inspector finds something first.
Joel documents what is actually permitted and rented in a Confederation Park property before it goes to market. Get your hand-reviewed valuation from Joel Dyck.