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

• All Listings
• $100,000 - $200,000
• $200,000 - $300,000
• $300,000 - $400,000
• $400,000 - $500,000
• $500,000 - $600,000
• $600,000 - $700,000
• $700,000 - $800,000
• $800,000 - $900,000
• Over $1,000,000

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Bathrooms

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Newest First

$385,000

542 Fisher Cres, Saskatoon

5 Beds 3 Baths 1,139 SqFt Residential MLS® # SK018046

RE/MAX Saskatoon

$719,900

104 Stehwien Street, Saskatoon

6 Beds 4 Baths 1,091 SqFt Residential MLS® # SK018104

Realty Executives Saskatoon

$546,900

102 Stehwien Street, Saskatoon

4 Beds 4 Baths 1,234 SqFt Residential MLS® # SK018101

Realty Executives Saskatoon

$569,900

103 Stehwien Street, Saskatoon

5 Beds 4 Baths 1,433 SqFt Residential MLS® # SK018098

Realty Executives Saskatoon

$544,900

↑ $15,000

101 Stehwien Street, Saskatoon

5 Beds 3 Baths 1,091 SqFt Residential MLS® # SK018034

Realty Executives Saskatoon

$799,000

145 Johns Road, Saskatoon

6 Beds 4 Baths 2,176 SqFt Residential MLS® # SK017654

Boyes Group Realty Inc.

$544,900

438 Kinloch Cres, Saskatoon

5 Beds 3 Baths 1,091 SqFt Residential MLS® # SK017638

eXp Realty

$499,900

↓ $50,000

327 S Avenue S, Saskatoon

8 Beds 4 Baths 1,960 SqFt Residential MLS® # SK017602

Royal LePage Varsity

$300,000

302 M Avenue N, Saskatoon

3 Beds 2 Baths 884 SqFt Residential MLS® # SK017373

eXp Realty

$395,000

325 W Avenue N, Saskatoon

5 Beds 2 Baths 980 SqFt Residential MLS® # SK017526

Coldwell Banker Signature

$581,000

↓ $18,000

403 Childers Way, Saskatoon

4 Beds 4 Baths 1,805 SqFt Residential MLS® # SK017366

Boyes Group Realty Inc.

$438,900

↓ $36,000

1009 Mcpherson Avenue, Saskatoon

3 Beds 2 Baths 1,144 SqFt Residential MLS® # SK017175

Boyes Group Realty Inc.

$619,000

755 Labine Court, Saskatoon

5 Beds 4 Baths 1,218 SqFt Residential MLS® # SK017245

RE/MAX Saskatoon

$1,125,000

↓ $24,900

327 Woolf Bay, Saskatoon

5 Beds 4 Baths 2,481 SqFt Residential MLS® # SK017215

Boyes Group Realty Inc.

$224,900

↓ $15,000

1114 C Avenue N, Saskatoon

4 Beds 2 Baths 822 SqFt Residential MLS® # SK016630

Boyes Group Realty Inc.

$499,000

1020 Eastlake Avenue, Saskatoon

4 Beds 2 Baths 1,515 SqFt Residential MLS® # SK016566

Realty Executives Saskatoon

$389,000

↓ $6,000

2616 20th Street W, Saskatoon

5 Beds 2 Baths 1,204 SqFt Residential MLS® # SK016616

Realty Executives Saskatoon

$229,900

1306 E Avenue N, Saskatoon

2 Beds 2 Baths 600 SqFt Residential MLS® # SK016503

Realty ONE Group Dynamic

$649,999

2001 37th Street W, Saskatoon

7 Beds 4 Baths 1,375 SqFt Residential MLS® # SK016468

Boyes Group Realty Inc.

$749,900

106 Kenaschuk Cres, Saskatoon

5 Beds 3 Baths 1,416 SqFt Residential MLS® # SK016411

eXp Realty

$649,900

#131 - 315 Dickson Cres, Saskatoon

4 Beds 4 Baths 1,525 SqFt Residential MLS® # SK016452

Coldwell Banker Signature

$429,900

↓ $9,100

1320 B Avenue N, Saskatoon

5 Beds 4 Baths 1,360 SqFt Residential MLS® # SK016409

RE/MAX Bridge City Realty

$824,900

307 Sharma Cres, Saskatoon

6 Beds 4 Baths 2,241 SqFt Residential MLS® # SK016166

Boyes Group Realty Inc.

$219,900

710 Walmer Road, Saskatoon

4 Beds 2 Baths 803 SqFt Residential MLS® # SK016258

Coldwell Banker Signature

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