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

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• $900,000 - $1,000,000
• Over $1,000,000

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Newest First

$574,900

148 Rosewood Boulevard E, Saskatoon

4 Beds 4 Baths 1,484 SqFt Residential MLS® # SK043766

eXp Realty

$814,900

378 Sharma Cres, Saskatoon

6 Beds 4 Baths 1,600 SqFt Residential MLS® # SK043782

TRCG The Realty Consultants Group

$602,900

↓ $11,600

171 Thakur Street, Saskatoon

5 Beds 4 Baths 1,117 SqFt Residential MLS® # SK043708

RE/MAX Saskatoon

$429,000

319 H Avenue S, Saskatoon

0 Beds 4 Baths 2,950 SqFt Residential MLS® # SK043545

Saskatoon Real Estate Services Inc.

$574,000

↓ $10,900

418 Ells Way, Saskatoon

5 Beds 4 Baths 1,338 SqFt Residential MLS® # SK043575

RE/MAX Saskatoon

$764,900

243 Leskiw Lane, Saskatoon

6 Beds 4 Baths 2,020 SqFt Residential MLS® # SK043259

Boyes Group Realty Inc.

$359,900

↓ $5,000

1709 2nd Avenue N, Saskatoon

4 Beds 2 Baths 880 SqFt Residential MLS® # SK043149

RE/MAX Saskatoon

$599,900

720 Temperance Street, Saskatoon

4 Beds 2 Baths 1,204 SqFt Residential MLS® # SK042955

Century 21 Fusion

$749,900

583 Kalra Street, Saskatoon

5 Beds 4 Baths 1,544 SqFt Residential MLS® # SK042877

eXp Realty

$699,000

150 Sharma Lane, Saskatoon

6 Beds 4 Baths 1,287 SqFt Residential MLS® # SK042868

RE/MAX Saskatoon

Open House

$718,000

↓ $12,000

222 Nightingale Road, Saskatoon

6 Beds 4 Baths 2,185 SqFt Residential MLS® # SK042749

Boyes Group Realty Inc.

$679,900

226 Nightingale Road, Saskatoon

6 Beds 4 Baths 1,249 SqFt Residential MLS® # SK042787

Royal LePage Varsity

$699,900

426 Empress Street, Saskatoon

5 Beds 4 Baths 1,610 SqFt Residential MLS® # SK042750

eXp Realty

$699,900

424 Empress Street, Saskatoon

5 Beds 4 Baths 1,610 SqFt Residential MLS® # SK042685

eXp Realty

$649,900

↑ $50,900

223 Ells Cres, Saskatoon

6 Beds 4 Baths 1,303 SqFt Residential MLS® # SK042671

Boyes Group Realty Inc.

$759,000

↓ $30,000

1325 Elliott Street, Saskatoon

3 Beds 3 Baths 1,767 SqFt Residential MLS® # SK042568

M Realty

$769,900

2435 Rosewood Drive, Saskatoon

4 Beds 4 Baths 1,737 SqFt Residential MLS® # SK042331

Coldwell Banker Signature

$801,800

415 Stehwien Street, Saskatoon

6 Beds 5 Baths 1,091 SqFt Residential MLS® # SK042467

Realty Executives Saskatoon

$699,900

↓ $20,000

622 Glacial Shores Way, Saskatoon

6 Beds 3 Baths 1,365 SqFt Residential MLS® # SK042315

RE/MAX Saskatoon

Open House

$750,000

↓ $25,000

1402 Wiggins Avenue S, Saskatoon

5 Beds 4 Baths 1,618 SqFt Residential MLS® # SK042149

Coldwell Banker Signature

$597,000

↓ $13,000

254 Aniskotaw Manor, Saskatoon

4 Beds 4 Baths 1,560 SqFt Residential MLS® # SK042203

Boyes Group Realty Inc.

$789,900

443 Yuel Cres, Saskatoon

6 Beds 4 Baths 1,995 SqFt Residential MLS® # SK042051

eXp Realty

$769,900

155 Schmeiser Lane, Saskatoon

6 Beds 5 Baths 1,822 SqFt Residential MLS® # SK041521

RE/MAX Saskatoon

$644,900

↓ $4,100

114 Pichler Cres, Saskatoon

5 Beds 3 Baths 1,115 SqFt Residential MLS® # SK041891

Realty Executives Saskatoon

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• Saskatoon real estate (171)
• Saskatoon basement suites (10)
• rental income Saskatoon (2)
• secondary suites (2)
• legal basement suite (2)
• buying a suite home Saskatoon (1)