Buying a Home with a Basement Suite in Saskatoon: A Smart Investment!

Saskatoon, with its vibrant neighborhoods and diverse community, is an enticing place for potential homeowners. If you're considering a property purchase here, one option that's gained popularity over the years is buying a home with a basement suite. Many of the newer neighbourhoods in Saskatoon, such as Evergreen, Brighton, Stonebridge, Aspen Ridge, and Kensington,  have basement suites options.

Saskatoon homes with basement suites

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New Open House
270 Kloppenburg Way, Saskatoon

$519,900

270 Kloppenburg Way, Saskatoon

4 Beds 4 Baths 1,368 SqFt Residential MLS® # SK022113

RE/MAX Saskatoon

New
1622 Cumberland Avenue S, Saskatoon

$399,900

1622 Cumberland Avenue S, Saskatoon

5 Beds 2 Baths 1,084 SqFt Residential MLS® # SK022150

Century 21 Fusion

New
120 115th Street W, Saskatoon

$419,900

120 115th Street W, Saskatoon

4 Beds 3 Baths 1,252 SqFt Residential MLS® # SK022061

Derrick Stretch Realty Inc.

New
1652 Central Avenue, Saskatoon

$420,000

1652 Central Avenue, Saskatoon

5 Beds 2 Baths 912 SqFt Residential MLS® # SK022131

TRCG The Realty Consultants Group

New
302 Pepper Place, Saskatoon

$684,900

302 Pepper Place, Saskatoon

5 Beds 3 Baths 1,271 SqFt Residential MLS® # SK022111

Real Broker SK Ltd.

New Open House
147 Maclean Cres, Saskatoon

$449,900

147 Maclean Cres, Saskatoon

3 Beds 2 Baths 1,040 SqFt Residential MLS® # SK022104

eXp Realty

New Open House
239 Henick Cres, Saskatoon

$539,000

239 Henick Cres, Saskatoon

4 Beds 3 Baths 1,262 SqFt Residential MLS® # SK022103

Boyes Group Realty Inc.

New Open House
702 Queen Street, Saskatoon

$799,900

702 Queen Street, Saskatoon

4 Beds 4 Baths 1,709 SqFt Residential MLS® # SK022041

Coldwell Banker Signature

New
231 S Avenue N, Saskatoon

$649,900

231 S Avenue N, Saskatoon

8 Beds 6 Baths 1,685 SqFt Residential MLS® # SK022017

eXp Realty

New
550 Sharma Cres, Saskatoon

$699,900

550 Sharma Cres, Saskatoon

5 Beds 4 Baths 1,620 SqFt Residential MLS® # SK021926

Realty ONE Group Dynamic

New Open House
522 Hamm Cres, Saskatoon

$924,900

522 Hamm Cres, Saskatoon

7 Beds 4 Baths 2,062 SqFt Residential MLS® # SK021869

Boyes Group Realty Inc.

New
438 Stromberg Cres, Saskatoon

$649,900

438 Stromberg Cres, Saskatoon

6 Beds 4 Baths 1,287 SqFt Residential MLS® # SK021914

Choice Realty Systems

New
654 Delainey Road, Saskatoon

$719,000

654 Delainey Road, Saskatoon

6 Beds 4 Baths 1,254 SqFt Residential MLS® # SK021913

RE/MAX Saskatoon

New
1106 P Avenue N, Saskatoon

$299,900

1106 P Avenue N, Saskatoon

4 Beds 2 Baths 1,007 SqFt Residential MLS® # SK021817

Boyes Group Realty Inc.

New
335 Sharma Cres, Saskatoon

$829,900

335 Sharma Cres, Saskatoon

5 Beds 4 Baths 2,050 SqFt Residential MLS® # SK021791

Boyes Group Realty Inc.

New
710 Walmer Road, Saskatoon

$219,900

710 Walmer Road, Saskatoon

4 Beds 2 Baths 803 SqFt Residential MLS® # SK021749

Coldwell Banker Signature

727 Nazarali Union, Saskatoon

$774,900

727 Nazarali Union, Saskatoon

4 Beds 4 Baths 1,838 SqFt Residential MLS® # SK021700

RE/MAX Saskatoon

New
1806 Richardson Road, Saskatoon

$374,900

1806 Richardson Road, Saskatoon

4 Beds 2 Baths 918 SqFt Residential MLS® # SK021652

Royal LePage Saskatoon Real Estate

204 Evans Street, Saskatoon

$319,900

↓ $10,000

204 Evans Street, Saskatoon

3 Beds 2 Baths 768 SqFt Residential MLS® # SK021593

RE/MAX Saskatoon

144 Maclean Cres, Saskatoon

$475,000

144 Maclean Cres, Saskatoon

5 Beds 2 Baths 1,040 SqFt Residential MLS® # SK021613

Real Broker SK Ltd.

1529 Central Avenue, Saskatoon

$499,900

1529 Central Avenue, Saskatoon

6 Beds 3 Baths 1,116 SqFt Residential MLS® # SK021565

eXp Realty

213 Hedley Street, Saskatoon

$429,900

213 Hedley Street, Saskatoon

4 Beds 2 Baths 1,085 SqFt Residential MLS® # SK021546

Choice Realty Systems

1255 Nightingale Terrace, Saskatoon

$659,000

1255 Nightingale Terrace, Saskatoon

5 Beds 4 Baths 1,302 SqFt Residential MLS® # SK021535

RE/MAX Saskatoon

147 Woolf Bend, Saskatoon

$879,900

147 Woolf Bend, Saskatoon

7 Beds 4 Baths 2,136 SqFt Residential MLS® # SK021556

RE/MAX Saskatoon

Additional Income Stream: A basement suite can be a source of rental income, helping homeowners offset their mortgage payments. With Saskatoon's growing population, there's always a demand for rental spaces. By renting out your basement suite, you can generate a consistent cash flow that can significantly ease your financial burdens. Homes with legal basement suites generally have a higher resale value. As multi-generational living becomes more common and people search for ways to maximize their investment, properties with basement suites have become highly sought after.  Basement suites are versatile spaces. Beyond renting, they can serve as an in-law suite, a space for older children, a guest area, or even a home office. The choice is yours! By providing affordable housing options like basement suites, you contribute to the community's diversity and vibrancy. It fosters inclusivity and welcomes newcomers or those looking for budget-friendly accommodations.