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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• $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

$384,400

↓ $5,500

336 X Avenue S, Saskatoon

5 Beds 2 Baths 1,064 SqFt Residential MLS® # SK015982

RE/MAX Saskatoon

$779,900

↓ $20,000

206 Flynn Bend, Saskatoon

6 Beds 3 Baths 1,606 SqFt Residential MLS® # SK015878

Boyes Group Realty Inc.

$479,900

↓ $20,000

1023 G Avenue N, Saskatoon

5 Beds 2 Baths 1,613 SqFt Residential MLS® # SK015746

Coldwell Banker Signature

$539,900

534 K Avenue N, Saskatoon

5 Beds 4 Baths 1,463 SqFt Residential MLS® # SK015357

Boyes Group Realty Inc.

$1,169,900

144 Forsey Avenue, Saskatoon

7 Beds 5 Baths 2,619 SqFt Residential MLS® # SK014432

Derrick Stretch Realty Inc.

$634,900

↓ $15,000

419 Pichler Cres, Saskatoon

4 Beds 4 Baths 1,649 SqFt Residential MLS® # SK014926

Royal LePage Saskatoon Real Estate

$879,900

158 Haverstock Cres, Saskatoon

5 Beds 4 Baths 1,902 SqFt Residential MLS® # SK014303

Century 21 Fusion

$657,900

818 Bentley Manor, Saskatoon

6 Beds 4 Baths 1,587 SqFt Residential MLS® # SK014196

Choice Realty Systems

$749,900

727 Nazarali Lane, Saskatoon

4 Beds 4 Baths 1,762 SqFt Residential MLS® # SK013635

RE/MAX Saskatoon

$469,000

319 H Avenue S, Saskatoon

0 Beds 4 Baths 2,950 SqFt Residential MLS® # SK012723

Saskatoon Real Estate Services Inc.

$359,500

↑ $10,500

1721 E Avenue N, Saskatoon

3 Beds 2 Baths 1,410 SqFt Residential MLS® # SK012694

eXp Realty

$329,900

1111 23rd Street W, Saskatoon

5 Beds 3 Baths 1,144 SqFt Residential MLS® # SK011436

Boyes Group Realty Inc.

$724,900

503 Kinloch Court, Saskatoon

6 Beds 4 Baths 1,816 SqFt Residential MLS® # SK010022

RE/MAX Saskatoon

$799,900

↑ $20,000

371 Sharma Cres, Saskatoon

5 Beds 4 Baths 1,660 SqFt Residential MLS® # SK009860

eXp Realty

$374,900

217 H Avenue S, Saskatoon

2 Beds 4 Baths 1,875 SqFt Residential MLS® # SK009436

eXp Realty

$1,145,000

↓ $50,000

1339 Osler Street, Saskatoon

4 Beds 4 Baths 2,153 SqFt Residential MLS® # SK009269

Coldwell Banker Signature

$559,900

570 Kinloch Court, Saskatoon

5 Beds 4 Baths 1,517 SqFt Residential MLS® # SK008857

RE/MAX Saskatoon

$649,000

↓ $5,900

215 Ells Cres, Saskatoon

5 Beds 4 Baths 1,445 SqFt Residential MLS® # SK006959

RE/MAX Bridge City Realty

$679,703

222 Sharma Lane, Saskatoon

5 Beds 4 Baths 1,500 SqFt Residential MLS® # SK006371

Realty ONE Group Dynamic

$685,000

↑ $21,100

206 Sharma Lane, Saskatoon

5 Beds 4 Baths 1,435 SqFt Residential MLS® # SK000182

Realty ONE Group Dynamic

Open House

$709,900

↓ $9,000

126 Sharma Lane, Saskatoon

5 Beds 4 Baths 1,540 SqFt Residential MLS® # SK997116

RE/MAX Saskatoon

$724,900

↑ $35,000

550 Sharma Cres, Saskatoon

5 Beds 4 Baths 1,620 SqFt Residential MLS® # SK992870

Realty ONE Group Dynamic

$724,900

↑ $35,000

355 Sharma Cres, Saskatoon

5 Beds 4 Baths 1,620 SqFt Residential MLS® # SK992869

Realty ONE Group Dynamic

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• Saskatoon real estate (104)
• secondary suites (2)
• legal basement suite (2)
• rental income Saskatoon (1)
• buying a suite home Saskatoon (1)
• Saskatoon basement suites (1)