Nutana is Saskatoon's oldest neighbourhood, on the east bank of the river along Broadway Avenue, and buyers come here for the walkability and the architecture, which also makes it a natural fit for a legal secondary suite aimed at a tenant who wants the same walkable location.
A permitted suite needs a minimum ceiling height, proper egress windows and, in most cases, a separate entrance, and a lender will only credit its rental income toward a buyer's mortgage once that permit file exists with the City. A beautifully finished but unpermitted basement in an old house can still price near zero for income purposes.
Joel Dyck checks the permit history on any Nutana income unit before pricing it, and compares it to similarly legal suites rather than the neighbourhood average. Get your hand-reviewed valuation from Joel Dyck.