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
823 Northumberland Avenue, Saskatoon

$462,000

823 Northumberland Avenue, Saskatoon

5 Beds 3 Baths 1,342 SqFt Residential MLS® # SK047587

Boyes Group Realty Inc.

New
408 I Avenue S, Saskatoon

$229,900

408 I Avenue S, Saskatoon

3 Beds 2 Baths 775 SqFt Residential MLS® # SK047600

TRCG The Realty Consultants Group

1070 Brighton Boulevard, Saskatoon

$574,900

1070 Brighton Boulevard, Saskatoon

4 Beds 4 Baths 1,486 SqFt Residential MLS® # SK047591

RE/MAX Saskatoon

New
1617 Ruth Street E, Saskatoon

$489,900

1617 Ruth Street E, Saskatoon

5 Beds 2 Baths 1,184 SqFt Residential MLS® # SK047580

Realty Executives Saskatoon

New
3001 20th Street W, Saskatoon

$209,900

3001 20th Street W, Saskatoon

5 Beds 2 Baths 1,062 SqFt Residential MLS® # SK047502

Realty Executives Saskatoon

New
278 Wyant Lane, Saskatoon

$609,900

278 Wyant Lane, Saskatoon

5 Beds 3 Baths 1,179 SqFt Residential MLS® # SK047336

LPT Realty

New
723 4th Street E, Saskatoon

$399,900

723 4th Street E, Saskatoon

3 Beds 2 Baths 840 SqFt Residential MLS® # SK047384

Coldwell Banker Signature

New
455 Hastings Cres, Saskatoon

$659,000

455 Hastings Cres, Saskatoon

5 Beds 4 Baths 1,296 SqFt Residential MLS® # SK047475

Realty ONE Group Dynamic

New
750 Labine Court, Saskatoon

$669,900

750 Labine Court, Saskatoon

6 Beds 4 Baths 1,335 SqFt Residential MLS® # SK047472

Boyes Group Realty Inc.

New
814 Steeves Avenue, Saskatoon

$379,900

814 Steeves Avenue, Saskatoon

5 Beds 2 Baths 1,000 SqFt Residential MLS® # SK047438

Century 21 Fusion

New
612 7th Street E, Saskatoon

$458,900

612 7th Street E, Saskatoon

4 Beds 3 Baths 1,230 SqFt Residential MLS® # SK046993

Realty Executives Saskatoon

New
2325 Dufferin Avenue, Saskatoon

$455,000

2325 Dufferin Avenue, Saskatoon

5 Beds 2 Baths 960 SqFt Residential MLS® # SK047161

TRCG The Realty Consultants Group

New
755 Sutter Cres, Saskatoon

$675,000

755 Sutter Cres, Saskatoon

5 Beds 3 Baths 1,161 SqFt Residential MLS® # SK047263

Realty Executives Saskatoon

2018 Morgan Avenue, Saskatoon

$535,000

2018 Morgan Avenue, Saskatoon

5 Beds 3 Baths 1,200 SqFt Residential MLS® # SK047242

RE/MAX Saskatoon

246 Sutter Place, Saskatoon

$645,000

246 Sutter Place, Saskatoon

5 Beds 3 Baths 1,145 SqFt Residential MLS® # SK047243

RE/MAX Saskatoon

New
206 Carleton Drive, Saskatoon

$414,900

206 Carleton Drive, Saskatoon

6 Beds 3 Baths 1,232 SqFt Residential MLS® # SK047248

RE/MAX Saskatoon

New Open House
606 Yuel Cres, Saskatoon

$559,900

606 Yuel Cres, Saskatoon

5 Beds 3 Baths 1,091 SqFt Residential MLS® # SK047108

eXp Realty

New
705 33rd Street W, Saskatoon

$465,000

705 33rd Street W, Saskatoon

5 Beds 3 Baths 1,360 SqFt Residential MLS® # SK047098

RE/MAX Saskatoon

New
617 7th Avenue N, Saskatoon

$564,900

617 7th Avenue N, Saskatoon

3 Beds 2 Baths 1,546 SqFt Residential MLS® # SK046961

RE/MAX Saskatoon

New
220 3rd Street E, Saskatoon

$449,900

220 3rd Street E, Saskatoon

2 Beds 2 Baths 728 SqFt Residential MLS® # SK046997

Coldwell Banker Signature

New
3806 Taylor Street E, Saskatoon

$489,000

3806 Taylor Street E, Saskatoon

5 Beds 3 Baths 1,184 SqFt Residential MLS® # SK046999

eXp Realty

New
390 Sharma Cres, Saskatoon

$1,199,900

390 Sharma Cres, Saskatoon

8 Beds 6 Baths 2,410 SqFt Residential MLS® # SK045787

RE/MAX Saskatoon

2525 Mcpherson Avenue, Saskatoon

$439,900

2525 Mcpherson Avenue, Saskatoon

4 Beds 2 Baths 1,270 SqFt Residential MLS® # SK046986

RE/MAX Shoreline Realty

119 Maningas Bend, Saskatoon

$579,900

119 Maningas Bend, Saskatoon

5 Beds 3 Baths 1,088 SqFt Residential MLS® # SK046935

Boyes Group Realty Inc.

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.