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
106 Clancy Drive, Saskatoon

$329,900

106 Clancy Drive, Saskatoon

5 Beds 3 Baths 1,165 SqFt Residential MLS® # SK020417

Royal LePage Varsity

New
639 Underhill Road, Saskatoon

$769,800

639 Underhill Road, Saskatoon

6 Beds 4 Baths 2,020 SqFt Residential MLS® # SK020276

RE/MAX Saskatoon

New Open House
438 Flynn Lane, Saskatoon

$650,000

438 Flynn Lane, Saskatoon

5 Beds 4 Baths 1,691 SqFt Residential MLS® # SK020548

Royal LePage Varsity

New
638 Delainey Road, Saskatoon

$729,000

638 Delainey Road, Saskatoon

4 Beds 4 Baths 1,932 SqFt Residential MLS® # SK020534

Boyes Group Realty Inc.

New Open House
5 Hamilton Place, Saskatoon

$369,900

5 Hamilton Place, Saskatoon

6 Beds 3 Baths 1,174 SqFt Residential MLS® # SK020509

RE/MAX Saskatoon

New Open House
251 Underhill Way, Saskatoon

$624,900

251 Underhill Way, Saskatoon

4 Beds 4 Baths 1,472 SqFt Residential MLS® # SK020511

Realty Executives Saskatoon

New Open House
102 Bonli Cres, Saskatoon

$514,900

102 Bonli Cres, Saskatoon

5 Beds 3 Baths 1,106 SqFt Residential MLS® # SK020375

L&T Realty Ltd.

New
114 Haverstock Cres, Saskatoon

$689,900

114 Haverstock Cres, Saskatoon

5 Beds 3 Baths 1,370 SqFt Residential MLS® # SK020384

Boyes Group Realty Inc.

New
843 Brighton Boulevard, Saskatoon

$599,900

843 Brighton Boulevard, Saskatoon

3 Beds 2 Baths 1,484 SqFt Residential MLS® # SK020361

Realty ONE Group Dynamic

New
431 Flynn Lane, Saskatoon

$699,000

431 Flynn Lane, Saskatoon

5 Beds 4 Baths 1,370 SqFt Residential MLS® # SK020349

RE/MAX Saskatoon

New
311 Sharma Cres, Saskatoon

$739,900

311 Sharma Cres, Saskatoon

4 Beds 4 Baths 1,694 SqFt Residential MLS® # SK020319

RE/MAX Saskatoon

New
547 Kalra Street, Saskatoon

$676,000

547 Kalra Street, Saskatoon

5 Beds 4 Baths 2,006 SqFt Residential MLS® # SK020288

Boyes Group Realty Inc.

New
1214 Mckercher Drive, Saskatoon

$394,900

1214 Mckercher Drive, Saskatoon

4 Beds 2 Baths 1,040 SqFt Residential MLS® # SK020142

RE/MAX Saskatoon

New
823 Nightingale Road, Saskatoon

$635,000

823 Nightingale Road, Saskatoon

5 Beds 4 Baths 1,470 SqFt Residential MLS® # SK020226

Boyes Group Realty Inc.

New Open House
226 Gillies Street, Saskatoon

$629,900

226 Gillies Street, Saskatoon

5 Beds 4 Baths 1,740 SqFt Residential MLS® # SK020186

Royal LePage Varsity

New
2703 Jarvis Drive, Saskatoon

$499,900

2703 Jarvis Drive, Saskatoon

5 Beds 3 Baths 1,150 SqFt Residential MLS® # SK020128

RE/MAX Saskatoon

720 O Avenue S, Saskatoon

$549,900

720 O Avenue S, Saskatoon

4 Beds 4 Baths 1,136 SqFt Residential MLS® # SK020076

Royal LePage Varsity

102 Evans Street, Saskatoon

$469,500

102 Evans Street, Saskatoon

5 Beds 4 Baths 1,400 SqFt Residential MLS® # SK020018

TRCG The Realty Consultants Group

309 X Avenue N, Saskatoon

$339,900

309 X Avenue N, Saskatoon

5 Beds 2 Baths 1,000 SqFt Residential MLS® # SK019868

Coldwell Banker Signature

539 Ells Cres, Saskatoon

$659,900

539 Ells Cres, Saskatoon

5 Beds 4 Baths 1,410 SqFt Residential MLS® # SK019815

eXp Realty

343 Langlois Way, Saskatoon

$629,000

343 Langlois Way, Saskatoon

5 Beds 3 Baths 1,141 SqFt Residential MLS® # SK019994

Boyes Group Realty Inc.

403 Stromberg Cres, Saskatoon

$535,000

403 Stromberg Cres, Saskatoon

3 Beds 3 Baths 1,564 SqFt Residential MLS® # SK019217

eXp Realty

1708 2nd Avenue N, Saskatoon

$424,900

1708 2nd Avenue N, Saskatoon

6 Beds 2 Baths 1,064 SqFt Residential MLS® # SK019909

Realty Executives Saskatoon

New
1621 H Avenue N, Saskatoon

$349,900

1621 H Avenue N, Saskatoon

4 Beds 2 Baths 1,050 SqFt Residential MLS® # SK019599

eXp 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.