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
911 Hunter Road, Saskatoon

$729,000

911 Hunter Road, Saskatoon

6 Beds 4 Baths 1,247 SqFt Residential MLS® # SK029664

RE/MAX Saskatoon

New
231 Lehrer Place, Saskatoon

$735,000

231 Lehrer Place, Saskatoon

6 Beds 4 Baths 1,748 SqFt Residential MLS® # SK029702

Flex Realty

New
406 Chelsom Manor, Saskatoon

$739,900

406 Chelsom Manor, Saskatoon

5 Beds 4 Baths 1,903 SqFt Residential MLS® # SK029704

LPT Realty

New
803 Kensington Boulevard, Saskatoon

$560,000

803 Kensington Boulevard, Saskatoon

5 Beds 4 Baths 1,536 SqFt Residential MLS® # SK029754

Boyes Group Realty Inc.

New
811 Kensington Boulevard, Saskatoon

$545,000

811 Kensington Boulevard, Saskatoon

5 Beds 4 Baths 1,500 SqFt Residential MLS® # SK029753

Boyes Group Realty Inc.

New
1506 Patrick Place, Saskatoon

$699,999

1506 Patrick Place, Saskatoon

5 Beds 3 Baths 1,354 SqFt Residential MLS® # SK029669

Realty Hub Brokerage

New
727 Nazarali Union, Saskatoon

$774,900

727 Nazarali Union, Saskatoon

4 Beds 4 Baths 1,838 SqFt Residential MLS® # SK029707

RE/MAX Saskatoon

New
323 Taskamanwa Street, Saskatoon

$679,900

323 Taskamanwa Street, Saskatoon

5 Beds 4 Baths 1,451 SqFt Residential MLS® # SK029431

eXp Realty

New
660 Feheregyhazi Boulevard, Saskatoon

$599,900

660 Feheregyhazi Boulevard, Saskatoon

6 Beds 4 Baths 1,274 SqFt Residential MLS® # SK029545

Century 21 Fusion

New Open House
91 Howell Avenue, Saskatoon

$369,000

91 Howell Avenue, Saskatoon

5 Beds 2 Baths 1,000 SqFt Residential MLS® # SK029505

Boyes Group Realty Inc.

New
313 Q Avenue S, Saskatoon

$289,000

313 Q Avenue S, Saskatoon

5 Beds 2 Baths 1,008 SqFt Residential MLS® # SK029558

TRCG The Realty Consultants Group

New Open House
1309 Preston Avenue S, Saskatoon

$520,000

1309 Preston Avenue S, Saskatoon

5 Beds 3 Baths 1,081 SqFt Residential MLS® # SK029535

RE/MAX Saskatoon

New Open House
1218 11th Street E, Saskatoon

$799,900

1218 11th Street E, Saskatoon

4 Beds 4 Baths 1,638 SqFt Residential MLS® # SK029462

Boyes Group Realty Inc.

New Open House
442 Kinloch Cres, Saskatoon

$664,900

442 Kinloch Cres, Saskatoon

5 Beds 4 Baths 1,670 SqFt Residential MLS® # SK029465

Century 21 Fusion

New
107 Perreault Cres, Saskatoon

$564,900

107 Perreault Cres, Saskatoon

5 Beds 3 Baths 1,232 SqFt Residential MLS® # SK029435

RE/MAX Saskatoon

New Open House
523 Sharma Cres, Saskatoon

$578,000

523 Sharma Cres, Saskatoon

4 Beds 4 Baths 1,523 SqFt Residential MLS® # SK029386

RE/MAX Saskatoon

New
1018 Boychuk Drive, Saskatoon

$550,000

1018 Boychuk Drive, Saskatoon

6 Beds 3 Baths 1,200 SqFt Residential MLS® # SK029367

Coldwell Banker Signature

New
3629 Centennial Drive, Saskatoon

$449,900

3629 Centennial Drive, Saskatoon

4 Beds 2 Baths 864 SqFt Residential MLS® # SK029240

eXp Realty

New
327 Allegretto Cres, Saskatoon

$599,900

327 Allegretto Cres, Saskatoon

5 Beds 3 Baths 1,343 SqFt Residential MLS® # SK029256

Coldwell Banker Signature

New
271 Dziadyk Manor, Saskatoon

$939,900

271 Dziadyk Manor, Saskatoon

7 Beds 5 Baths 1,873 SqFt Residential MLS® # SK029224

Boyes Group Realty Inc.

New Open House
111 Stromberg Cres, Saskatoon

$598,000

111 Stromberg Cres, Saskatoon

4 Beds 4 Baths 1,500 SqFt Residential MLS® # SK029221

Realty ONE Group Dynamic

New
742 Trent Cres, Saskatoon

$559,900

742 Trent Cres, Saskatoon

4 Beds 4 Baths 1,690 SqFt Residential MLS® # SK029175

Boyes Group Realty Inc.

New
1308 Preston Avenue S, Saskatoon

$499,000

1308 Preston Avenue S, Saskatoon

5 Beds 2 Baths 1,113 SqFt Residential MLS® # SK029215

Aspaire Realty Inc.

New
2513 Cairns Avenue, Saskatoon

$434,900

↑ $14,900

2513 Cairns Avenue, Saskatoon

5 Beds 2 Baths 936 SqFt Residential MLS® # SK029195

Easy List Realty

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.