What to Know Before Buying a Home with a Basement Suite in Saskatoon

Adding a basement suite to your real estate purchase is a smart way to offset your mortgage, boost resale value, or house extended family. In Saskatoon, homes with secondary suites are in high demand—but not all suites are created equal. Whether you're buying your first home or adding to your investment portfolio, here's what you need to know.

Legal & Regulatory Considerations

Before anything else, confirm whether the basement suite is legal or non-conforming. The City of Saskatoon has specific zoning requirements (R2, R2A, RM, etc.) that determine whether a home can have a secondary suite. Always ask the seller or your REALTOR® for building permits, suite registration, and fire code compliance documents.

Quick Tip: Legal suites have separate entrances, proper egress windows, fire separation, and often their own utility setups.

Financial & Investment Benefits

One of the biggest draws of a basement suite is rental income. Many lenders allow a portion of rental income to be considered when qualifying for your mortgage—potentially increasing your purchasing power. However, you'll need to account for insurance, tax implications, and tenant management. Consider long-term value and how a suite affects resale potential.

Construction, Safety & Functionality

A suite needs more than just a kitchenette and bedroom to be considered safe and livable. Ensure the ceiling height meets code (at least 6’5”), there are proper egress windows in each bedroom, and ideally, soundproofing is in place between units. Parking is also a key issue—most areas require off-street parking for each dwelling.

Lifestyle Considerations

Are you comfortable living above (or below) tenants? Will the layout allow for privacy? Does the area support good tenant demand (think: proximity to the University of Saskatchewan or downtown)? These are lifestyle factors to weigh as you assess your comfort level with owning and managing a basement suite.

For more guidance on legal suites in Saskatoon or available homes with rental potential, contact me here.

Saskatoon homes with basement suites, $500,000 - $600,000

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• $100,000 - $200,000
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• $600,000 - $700,000
• $700,000 - $800,000
• $800,000 - $900,000
• $900,000 - $1,000,000
• Over $1,000,000

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New

$559,900

598 Yuel Cres, Saskatoon

5 Beds 3 Baths 1,091 SqFt Residential MLS® # SK048943

eXp Realty

New

$569,900

607 Lenore Drive, Saskatoon

6 Beds 2 Baths 1,136 SqFt Residential MLS® # SK048904

Coldwell Banker Signature

New

$540,000

1114 Hargreaves Way, Saskatoon

5 Beds 3 Baths 1,205 SqFt Residential MLS® # SK048873

Coldwell Banker Signature

New

$533,000

455 Kingsmere Boulevard, Saskatoon

5 Beds 3 Baths 1,142 SqFt Residential MLS® # SK048769

eXp Realty

$502,400

455 Stehwien Street, Saskatoon

5 Beds 3 Baths 1,116 SqFt Residential MLS® # SK048484

Realty Executives Saskatoon

$501,150

427 Stehwien Street, Saskatoon

5 Beds 3 Baths 1,091 SqFt Residential MLS® # SK048448

Realty Executives Saskatoon

$564,900

306 Bentley Lane, Saskatoon

4 Beds 4 Baths 1,421 SqFt Residential MLS® # SK048353

Boyes Group Realty Inc.

$524,900

661 Feheregyhazi Boulevard, Saskatoon

4 Beds 4 Baths 1,363 SqFt Residential MLS® # SK048345

Boyes Group Realty Inc.

$549,900

327 Mcarthur Cres, Saskatoon

5 Beds 4 Baths 1,214 SqFt Residential MLS® # SK048383

Royal LePage Saskatoon Real Estate

$599,990

1013 23rd Street W, Saskatoon

5 Beds 4 Baths 1,716 SqFt Residential MLS® # SK048142

eXp Realty

$559,000

156 Rosewood Boulevard E, Saskatoon

4 Beds 3 Baths 1,292 SqFt Residential MLS® # SK048149

Choice Realty Systems

$599,900

2807 Rosewood Drive, Saskatoon

4 Beds 4 Baths 1,478 SqFt Residential MLS® # SK047998

eXp Realty

$520,000

↑ $20,100

717 Taylor Street E, Saskatoon

4 Beds 2 Baths 1,012 SqFt Residential MLS® # SK048110

Century 21 Fusion

$569,900

474 Kloppenburg Street, Saskatoon

6 Beds 4 Baths 1,121 SqFt Residential MLS® # SK047880

Century 21 Fusion

$509,900

2406 Preston Avenue S, Saskatoon

5 Beds 2 Baths 1,040 SqFt Residential MLS® # SK047752

Boyes Group Realty Inc.

$574,900

1070 Brighton Gate, Saskatoon

4 Beds 4 Baths 1,486 SqFt Residential MLS® # SK047591

RE/MAX Saskatoon

$515,000

↓ $20,000

2018 Morgan Avenue, Saskatoon

5 Beds 3 Baths 1,200 SqFt Residential MLS® # SK047242

RE/MAX Saskatoon

Open House

$559,900

606 Yuel Cres, Saskatoon

5 Beds 3 Baths 1,091 SqFt Residential MLS® # SK047108

eXp Realty

$569,900

↓ $5,000

119 Maningas Bend, Saskatoon

5 Beds 3 Baths 1,088 SqFt Residential MLS® # SK046935

Boyes Group Realty Inc.

$579,900

↓ $5,000

636 Meadows Boulevard, Saskatoon

4 Beds 4 Baths 1,393 SqFt Residential MLS® # SK046602

LPT Realty

$589,900

342 Kenaschuk Lane, Saskatoon

5 Beds 4 Baths 1,449 SqFt Residential MLS® # SK046684

The Agency Saskatoon

$580,000

↓ $10,000

547 Evergreen Boulevard, Saskatoon

4 Beds 4 Baths 1,315 SqFt Residential MLS® # SK046581

Boyes Group Realty Inc.

$583,900

↓ $6,000

713 Brighton Boulevard, Saskatoon

4 Beds 4 Baths 1,420 SqFt Residential MLS® # SK046528

RE/MAX Bridge City Realty

$524,900

↓ $15,000

192 Salisbury Drive, Saskatoon

6 Beds 3 Baths 1,136 SqFt Residential MLS® # SK046072

RE/MAX Saskatoon

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• Saskatoon real estate (171)
• Saskatoon basement suites (12)
• rental income Saskatoon (2)
• secondary suites (2)
• legal basement suite (2)
• buying a suite home Saskatoon (1)