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    Houses with Basement Suites for Sale in Calgary

    Houses with Basement Suites for Sale in Calgary

    Houses with basement suites in Calgary are a popular buy among investors and other homeowners looking to take advantage of the secondary income generated by the secondary suite. Like garage suites, they are an excellent source of revenue, and if managed properly, can underpin retirement for savvy real estate investors who would rather spend most of their time on a beach away from the city.

    Begin your search of homes with basement suites for sale in Calgary below. If you have questions about any listing(s) or would like to set up a showing, contact our team of professional Realtors® anytime at 403.519.0495 or email [email protected] and we will be happy to assist you!

    Basement Suite Houses for Sale Calgary

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    • 11722 Canfield Road SW in Calgary: Canyon Meadows Semi Detached (Half Duplex) for sale : MLS®# A2219944

      11722 Canfield Road SW Canyon Meadows Calgary T2W 1V5
      Main Photo: 11722 Canfield Road SW in Calgary: Canyon Meadows Semi Detached (Half Duplex) for sale : MLS®# A2219944
      $549,900
      Residential
      Status:
      Active
      MLS® Num:
      A2219944
      Bedrooms:
      4
      Bathrooms:
      2
      Floor Area:
      821 sq. ft.
      RARE OPPORTUNITY in Canyon Meadows! NO CONDO FEES, BACKS ONTO GREEN SPACE, BASEMENT WITH RENTAL POTENTIAL. Welcome to your next home or investment! This move-in ready 4bed, 2bath gem is perfectly located on a quiet street with no rear neighbours, backing directly onto a green space and off-leash dog park. Ideal for families, nature lovers, or investors. Upstairs boasts a bright and spacious layout with 2 oversized bedrooms, a fully updated bathroom, a modern kitchen, sunlit dining area, and a living room flooded with natural light. Stylish laminate flooring and fresh finishes throughout give the home a clean, contemporary feel. Downstairs? A fully developed illegal basement suite featuring 2 more large bedrooms, a full bath, its own kitchen, separate laundry, and huge windows, plus a professionally built sauna! Perfect for rental income, multi-generational living, or extra space to enjoy. Key upgrades include: Newer roof, furnace, and hot water tank, ensuring peace of mind for years to come. The oversized attached garage and huge driveway offer tons of parking, a rare find in this price point! Live up, rent down, or rent both! Flexible, functional, and full of potential. Close to Fish Creek Park, LRT, top-rated schools, shopping, and more. Act fast, homes like this don’t last long. Book your showing today! More details
      Listed by Town Residential
      CODY BATTERSHILL
    • 223 41 Avenue NW in Calgary: Highland Park Detached for sale : MLS®# A2218740

      223 41 Avenue NW Highland Park Calgary T2K 0G9
      Main Photo: 223 41 Avenue NW in Calgary: Highland Park Detached for sale : MLS®# A2218740
      $819,900
      Residential
      Status:
      Active
      MLS® Num:
      A2218740
      Bedrooms:
      4
      Bathrooms:
      2
      Floor Area:
      1,031 sq. ft.
      Wonderful URBAN Living Meets PRIME Investment Potential in Highland Park!! Welcome to 223 41 AVE NW, a hidden gem tucked away on a quiet, tree-lined street in the highly sought-after inner-city community of Highland Park. This detached bungalow, sitting on a PREMIUM & generous 50 x 120 ft lot, is much more than a home—it’s a lifestyle opportunity, an income generator, and a canvas for future development in one of Calgary’s most promising up-and-coming neighbourhoods. Whether you’re an investor looking to expand your portfolio with a solid revenue property, a homeowner seeking multi-generational living, or a visionary ready to explore infill development possibilities, this RARE offering checks every box. Zoned R-CG, with a fully LEGAL basement suite (223B 41 AVE NW) and located just minutes from downtown, this property effortlessly blends function, flexibility, and future potential. Step through the front door and into the main level—a space defined by GLEAMING hardwood floors, oversized windows, and a bright layout that feels both WARM and MODERN. The 3-bedroom upper level is ideal for a growing family, urban professionals, or tenants seeking comfort and style in a well-established neighborhood. The living room is flooded with natural light, creating a cozy yet spacious environment PERFECT for entertaining, relaxing, or working from home. Large windows provide a picturesque view of the quiet residential street, where mature trees line the sidewalks. A functional eat-in kitchen is well-appointed with ample cabinetry, full-size appliances, and room for a family table—ideal for casual breakfasts, homework sessions, or weekend brunches with friends. The flow between rooms is seamless, creating a sense of openness without sacrificing privacy. Three generously sized bedrooms, each with large closets and plenty of natural light from the South-facing sundrenched backyard, make up the sleeping quarters. Whether you need a nursery, a guest room, or a dedicated home office, this layout offers MAXIMUM flexibility for your lifestyle needs. Downstairs, you’ll find the kind of bonus that savvy buyers dream about—a fully LEGAL basement suite. With a private entrance, this space is ideal for tenants, in-laws, or adult children who want independence without being too far from home. The suite currently features one large bedroom, a spacious living and dining area, a 3-piece bathroom, and a beautiful full kitchen with modern cabinetries and appliances. The lower level is also large enough to easily accommodate a potential second bedroom, further increasing rental income potential or personal use flexibility. Highland Park is in HIGH DEMAND for renters, thanks to its central location and quick access to transit, downtown, SAIT, University of Calgary, and much more. If development is more your style, the R-CG zoning allows for potential future infill developments. The generous lot dimensions (50x120) provide ample space for new builds. Don't miss out - CALL TODAY for your PRIVATE TOUR!! More details
      Listed by MaxWell Capital Realty
      CODY BATTERSHILL
    • 249 Walgrove Terrace SE in Calgary: Walden Detached for sale : MLS®# A2219653

      249 Walgrove Terrace SE Walden Calgary T2X 4E7
      Main Photo: 249 Walgrove Terrace SE in Calgary: Walden Detached for sale : MLS®# A2219653
      $750,000
      Residential
      Status:
      Active
      MLS® Num:
      A2219653
      Bedrooms:
      5
      Bathrooms:
      4
      Floor Area:
      1,937 sq. ft.
      ***FRESHLY PAINTED*** 2-STOREY FAMILY HOME WITH LEGAL 2-BED BASEMENT SUITE | MORTGAGE HELPER OR MULTI-GENERATIONAL LIVING! Welcome to 249 Walgrove Terrace SE—a beautifully maintained, NEXT-TO-NEW 2-storey home built by Cardel Homes in 2019, that offers everything you need for the perfect family home: 2700+ SQFT of developed living space, a legal 2-bedroom basement suite, and a spacious, fully fenced-in yard with a deck—ideal for both everyday life and entertaining! Whether you're an investor or a growing family, this home is an amazing opportunity! Step inside and feel immediately at home! The main floor features an open-concept layout, filled with natural light and stylish finishes. The spacious living room is the ideal spot for cozy evenings by the fireplace, while the dedicated dining area comfortably fits a large table for family dinners. The kitchen is the heart of the home, complete with modern cabinetry, stainless steel appliances, Quartz counters, a sizeable pantry, and a generous island with seating—perfect for everyday living or hosting guests. Glazed doors off the dining room lead to a large deck and fully fenced South-facing backyard, ideal for summer barbecues, family playtime, or just soaking up the sun! The main floor also features a dedicated office or flex space—perfect for remote work—alongside a convenient 2-piece guest bathroom. Upstairs, the thoughtful layout continues with a total of 3 generously sized bedrooms, including a large primary suite with a walk-in closet and a private 5-piece ensuite, featuring a soaking tub, separate shower, and dual vanities. A central bonus/family room offers extra lounging space, plus you’ll also find a full 4-piece bathroom & a convenient upstairs laundry room with ample storage. Heading downstairs to the real value-add; the LEGAL 2-BEDROOM BASEMENT SUITE—professionally developed and fully permitted, it features a full kitchen, 4-piece bathroom, laundry area, and 2 good-sized bedrooms. Whether you choose to generate rental income and use as a mortgage helper or host extended family, this suite offers incredible flexibility. To finish off the home is a double attached garage (no more scraping snow!), a spacious fully fenced-in private backyard perfect for children to play and pets to roam freely and a great location. Ideally located just down the street from the Township Shopping Centre for all of your shopping needs, plus lots of green spaces including both the Legacy and Walden ponds, and the popular Wolf Willow off-leash dog park. You are also just minutes from All-Saints High School & the South Health Campus. Commuting is a breeze with quick access to major routes including Macleod Trail, Stoney Trail, and Deerfoot Trail. Jumping in the car: Downtown is a 28 min drive (32.1KM), Airport is a 31 min drive (41.2KM), & Banff is a 1 hr 31 min drive (148KM). More details
      Listed by RE/MAX First
      CODY BATTERSHILL
    • 10 Rowley Park NW in Calgary: Haskayne Detached for sale : MLS®# A2217668

      10 Rowley Park NW Haskayne Calgary T3L 0G7
      OPEN HOUSE: May 10, 2025
      03:30 PM - 06:00 PM MDT
      Open House on Saturday, May 10, 2025 3:30PM - 6:00PM
      OPEN HOUSE: May 11, 2025
      01:00 PM - 04:00 PM MDT
      Open House on Sunday, May 11, 2025 1:00PM - 4:00PM
      Main Photo: 10 Rowley Park NW in Calgary: Haskayne Detached for sale : MLS®# A2217668
      $979,900
      Residential
      Status:
      Active
      MLS® Num:
      A2217668
      Bedrooms:
      5
      Bathrooms:
      5
      Floor Area:
      2,451 sq. ft.
      Corner Lot | Legal Basement Suite | 5 Bed + 4.5 Bath | Double Primary Bedrooms | Desirable Neighborhood of Rockland Park | Built-in Features | Attached Double Garage Imagine coming home to this stunning contemporary two-storey residence nestled in the vibrant and family-friendly community of Rockland Park. Sitting proudly on a beautifully landscaped corner lot, this home offers exceptional curb appeal, a double attached garage, and a legal basement suite - ideal for multigenerational living or rental income. Step inside to a spacious and welcoming foyer, with a convenient 2-piece bathroom just off the entrance. Just beyond, a versatile den makes the perfect home office or study space. Continue into the heart of the home and discover a bright, open-concept living area with a cozy fireplace—a perfect place to relax with loved ones. The living room flows seamlessly into the dining area, illuminated by a stylish modern light fixture. The chef-inspired kitchen is a showstopper, featuring beautifully toned cabinetry, elegant gold hardware, a large island with seating, stainless steel appliances, a wine fridge, and a walk-in pantry for all your storage needs. Upstairs, you'll find a spacious family room offering endless possibilities - from movie nights to a play area. A thoughtfully designed laundry room with a folding counter and shelving keeps everything organized and efficient. The primary bedroom is a luxurious retreat with a large walk-in closet and a spa-like ensuite that includes dual sinks, ample cabinet space, a stand-up shower, and a private water closet. The second bedroom is like its own private suite with a walk-in closet and dedicated bathroom - so versatile. A third spacious bedroom also features a walk-in closet and shares access to a well-appointed 4-piece bathroom. The legal basement suite boasts its own separate entrance, a large recreation space, full kitchen with stainless steel appliances, dedicated laundry, full bathroom, and a comfortable bedroom—perfect for extended family or rental potential. Located in one of Calgary's most exciting new communities, Rockland Park offers proximity to the Bow River, lush natural surroundings, and future planned amenities that promise a vibrant lifestyle. With easy access to Stoney Trail, Highway 1, and Crowchild Trail, your commute or weekend adventures are effortless. This is more than just a home - it’s where your future begins. More details
      Listed by Real Broker
      CODY BATTERSHILL
    • 2320 54 Avenue SW in Calgary: North Glenmore Park Detached for sale : MLS®# A2218013

      2320 54 Avenue SW North Glenmore Park Calgary T3M 1M1
      Main Photo: 2320 54 Avenue SW in Calgary: North Glenmore Park Detached for sale : MLS®# A2218013
      $1,475,000
      Residential
      Status:
      Active
      MLS® Num:
      A2218013
      Bedrooms:
      5
      Bathrooms:
      4
      Floor Area:
      1,939 sq. ft.
      Experience elevated living in this brand-new luxury infill by RTGG Builders, crafted in collaboration with John Trinh & Associates. Nestled on a quiet, tree-lined street in prestigious North Glenmore Park, this legally suited detached home offers nearly 2,000 sq ft above grade and over 2,700 sq ft of meticulously finished living space, including a fully developed legal suite with private entrance—a rare opportunity in one of Calgary’s most desirable inner-city communities. Inside, timeless architecture meets modern elegance. Chevron-patterned hardwood floors, custom cabinetry, designer lighting, and brass fixtures create a refined ambiance throughout. The main floor’s open-concept layout centers around a showstopping kitchen, complete with a quartz waterfall island and high-end Thermador appliances, including a gas cooktop, built-in wall ovens, panelled fridge/freezer combo, dishwasher, and built-in microwave—a true chef’s dream. The living area is anchored by a sleek electric fireplace feature wall with built-in cabinetry and oversized windows that fill the space with natural light. Upstairs, the primary retreat offers a spacious walk-in closet and a spa-inspired ensuite with a double vanity, freestanding soaker tub, and a fully tiled walk-in steam shower. For added comfort and luxury, the primary living area also features its own electric fireplace. Two additional bedrooms, a full bath, laundry, and a versatile loft space complete the upper floor. Also equipped with Central air conditioning to keep you cool during the summer season. The fully developed legal basement suite offers exceptional flexibility—perfect for rental income, multi-generational living, or upscale guest quarters. It includes two large bedrooms, a full bathroom, private laundry, a full kitchen, and generous living space with a separate entry. The legal basement suite also features in-floor radiant heating throughout, along with a forced-air heating system, offering dual heating options for year-round comfort. All bathrooms in the home also feature in-floor heating, adding an extra layer of warmth and luxury. Located just minutes from River Park, Glenmore Reservoir, and the vibrant shops and restaurants of Marda Loop, this home combines thoughtful design, high-end finishes, and unbeatable inner-city convenience More details
      Listed by eXp Realty
      CODY BATTERSHILL
    • 671 Evanston Drive NW in Calgary: Evanston Detached for sale : MLS®# A2218885

      671 Evanston Drive NW Evanston Calgary T3P 1B1
      Main Photo: 671 Evanston Drive NW in Calgary: Evanston Detached for sale : MLS®# A2218885
      $850,000
      Residential
      Status:
      Active
      MLS® Num:
      A2218885
      Bedrooms:
      5
      Bathrooms:
      5
      Floor Area:
      2,572 sq. ft.
      Located in the highly sought-after community of Evanston, this spacious family home offers incredible versatility with four bedrooms upstairs, an illegal basement suite, and is within walking distance to Our Lady of Grace School. Whether you're looking for a mortgage helper, nanny suite, multi-generational living, or an income property, this home delivers on all fronts. As you enter, you're welcomed by abundant natural light streaming through oversized west-facing windows. Warm earth tones, rich wood finishes, and gleaming hardwood floors throughout the main level create a calming, inviting atmosphere. The kitchen is a chef’s delight with full-height maple cabinetry, stainless steel appliances, granite countertops, and generous counter space. The adjacent dining area provides direct access to a full-width west-facing deck—ideal for summer evenings and outdoor entertaining. A dedicated main floor office adds to the home’s functionality, offering a perfect space for remote work or study. Upstairs, you’ll find four generously sized bedrooms and a massive vaulted bonus room, perfect for family movie nights, game days, or a cozy retreat. The illegal basement suite is ready to impress with private access, a full kitchen, separate laundry, two bathrooms, a living area with a fireplace, and large windows that bring in plenty of light—ideal for extended family or rental potential. Conveniently located close to schools of all levels, parks, and shopping, this home is a rare opportunity for families at any stage. Don’t miss out—schedule your private showing today! More details
      Listed by RE/MAX House of Real Estate
      CODY BATTERSHILL
    • 1526 18 Avenue NW in Calgary: Capitol Hill Semi Detached (Half Duplex) for sale : MLS®# A2219575

      1526 18 Avenue NW Capitol Hill Calgary T2M 0W8
      Main Photo: 1526 18 Avenue NW in Calgary: Capitol Hill Semi Detached (Half Duplex) for sale : MLS®# A2219575
      $1,099,000
      Residential
      Status:
      Active
      MLS® Num:
      A2219575
      Bedrooms:
      6
      Bathrooms:
      4
      Floor Area:
      2,036 sq. ft.
      This BRAND-NEW semi-detached infill in CAPITOL HILL offers a superb floorplan with a LEGAL BASEMENT SUITE . Capitol Hill is well-situated in inner-city NW, with lots of outdoor recreation, schools, & shopping nearby. The Calgary Montessori School, Branton School, Rosemont School, and St Francis High School are all close by, with SAIT & UofC a short bike ride away. Dining options, shopping, amenities, and more are all at your fingertips, with Banff Trail, North Hill Centre, and all the businesses along Crowchild AND 14 St easily accessible from this inner-city location. With an amazing layout & premium finishes, you’ll discover a beautiful blend of both a stylish & functional lifestyle. This home features several upgrades, including 10-ft ceilings on the main level & a fully-developed basement w/a LEGAL SUITE . The main floor boasts large primary living spaces, including a bright front dining room, and a large central kitchen with an oversize island w/ bar seating, ceiling-height custom cabinetry, and built-in pantry . The large rear living room is finished w/ an inset gas fireplace w/ modern full-height surround, built-in millwork, and large windows overlooking the back patio – perfect for family gatherings! A rear mudroom hosts a bench with hooks, with direct access to the double detached garage out back and an elegant, private powder room. Upstairs, you’re greeted with high end carpet, leading you into the two secondary bedrooms w/ built-in closets, a spacious laundry room and a main 4-pc bath w/ modern vanity and a tub/shower combo w/ full-height tile surround. The primary suite features a soaring vaulted ceiling, multiple windows for tons of natural light, and a large walk-in closet w/ built-in storage. plus 5 piece ensuite washroom. The fully-developed LEGAL BASEMENT SUITE enjoys private access through a secure side entrance, 2 generous-sized bedrooms w/ built-in closet, a spacious and contemporary 4-pc bath w/ modern tile & vanity, large windows, separate washer & dryer, plus a large living room area! The kitchen is thoughtfully arranged with quartz countertops, full-height cabinetry, and lower drawers. Take a drive by the house and see how this house will suit your family perfectly! More details
      Listed by Royal LePage METRO
      CODY BATTERSHILL
    • 1528 18 Avenue NW in Calgary: Capitol Hill Semi Detached (Half Duplex) for sale : MLS®# A2219576

      1528 18 Avenue NW Capitol Hill Calgary T2M 0W4
      Main Photo: 1528 18 Avenue NW in Calgary: Capitol Hill Semi Detached (Half Duplex) for sale : MLS®# A2219576
      $1,099,000
      Residential
      Status:
      Active
      MLS® Num:
      A2219576
      Bedrooms:
      5
      Bathrooms:
      4
      Floor Area:
      2,024 sq. ft.
      This BRAND-NEW semi-detached infill in CAPITOL HILL offers a superb floorplan with a LEGAL BASEMENT SUITE . Capitol Hill is well-situated in inner-city NW, with lots of outdoor recreation, schools, & shopping nearby. The Calgary Montessori School, Branton School, Rosemont School, and St Francis High School are all close by, with SAIT & UofC a short bike ride away. Dining options, shopping, amenities, and more are all at your fingertips, with Banff Trail, North Hill Centre, and all the businesses along Crowchild AND 14 St easily accessible from this inner-city location. With an amazing layout & premium finishes, you’ll discover a beautiful blend of both a stylish & functional lifestyle. This home features several upgrades, including 10-ft ceilings on the main level & a fully-developed basement w/a LEGAL SUITE . The main floor boasts large primary living spaces, including a bright front dining room, and a large central kitchen with an oversize island w/ bar seating, ceiling-height custom cabinetry, and built-in pantry . The large rear living room is finished w/ an inset gas fireplace w/ modern full-height surround, built-in millwork, and large windows overlooking the back patio – perfect for family gatherings! A rear mudroom hosts a bench with hooks, with direct access to the double detached garage out back and an elegant, private powder room. Upstairs, you’re greeted with high end carpet, leading you into the two secondary bedrooms w/ built-in closets, a spacious laundry room and a main 4-pc bath w/ modern vanity and a tub/shower combo w/ full-height tile surround. The primary suite features a soaring vaulted ceiling, multiple windows for tons of natural light, and a large walk-in closet w/ built-in storage. plus 5 piece ensuite washroom. The fully-developed LEGAL BASEMENT SUITE enjoys private access through a secure side entrance, 2 generous-sized bedrooms w/ built-in closet, a spacious and contemporary 4-pc bath w/ modern tile & vanity, large windows, separate washer & dryer, plus a large living room area! The kitchen is thoughtfully arranged with quartz countertops, full-height cabinetry, and lower drawers. Take a drive by the house and see how this house will suit your family perfectly! More details
      Listed by Royal LePage METRO
      CODY BATTERSHILL
    • 231 Falshire Way NE in Calgary: Falconridge Detached for sale : MLS®# A2219722

      231 Falshire Way NE Falconridge Calgary T3J 2B3
      Main Photo: 231 Falshire Way NE in Calgary: Falconridge Detached for sale : MLS®# A2219722
      $579,900
      Residential
      Status:
      Active
      MLS® Num:
      A2219722
      Bedrooms:
      4
      Bathrooms:
      4
      Floor Area:
      1,246 sq. ft.
      Welcome to this fully renovated single detached home is nestled in a highly sought-after, family-friendly neighborhood and offers the perfect blend of comfort, functionality, and modern style. Featuring a total of 4 bedrooms and 3.5 bathrooms, the home includes a separate side entrance to a fully finished basement with an illegal suite, making it ideal for multigenerational living or a great mortgage helper. The main floor boasts a brand-new kitchen with ample cabinetry, modern finishes, and a new dishwasher, which opens into a bright dining area and a cozy living room—perfect for family gatherings or entertaining guests. A convenient half-bathroom completes the main level. Upstairs, you’ll find three generously sized bedrooms, including a spacious primary suite with a private 3-piece ensuite, as well as a fully renovated 4-piece main bathroom. The basement suite offers a large bedroom, a full bathroom, a comfortable family room, a well-equipped kitchen, and its own separate laundry, ensuring privacy and independence for occupants. Recent upgrades include new flooring, plush carpeting, new windows and doors, updated lighting fixtures, and fully modernized bathrooms throughout. The fully fenced backyard offers a safe and private outdoor space for children or pets to play. Located close to schools, parks, shopping centers, and major transportation routes, this move-in-ready home presents a rare opportunity to own a stylish, functional, and versatile property in a prime location. More details
      Listed by PREP Realty
      CODY BATTERSHILL
    • 3522 15 Street SW in Calgary: Altadore Detached for sale : MLS®# A2218656

      3522 15 Street SW Altadore Calgary T2T 4A3
      OPEN HOUSE: May 10, 2025
      02:00 PM - 04:00 PM MDT
      Open House on Saturday, May 10, 2025 2:00PM - 4:00PM
      Main Photo: 3522 15 Street SW in Calgary: Altadore Detached for sale : MLS®# A2218656
      $1,350,000
      Residential
      Status:
      Active
      MLS® Num:
      A2218656
      Bedrooms:
      6
      Bathrooms:
      4
      Floor Area:
      2,525 sq. ft.
      OPEN HOUSE - SATURDAY, MAY 10th 2pm-4pm*** Welcome to this timeless 4-bedroom-up home with a full (non-legal) basement suite, perfectly located in the heart of Altadore. Whether you're looking for a spacious family home with 3,826 sq.ft of developed living space, or a property with excellent suite potential, this one offers the best of both worlds. The main level impresses with refinished oak hardwood floors, an open-concept layout, and a showstopping living room featuring 17-foot ceilings, arched windows, and a curved staircase with custom railings. Evenings come alive in the family room—curl up by the cozy fireplace and unwind in comfort. The kitchen is both stylish and functional, with classic white cabinetry, granite countertops and backsplash, a full island with raised eating bar, and a cozy breakfast nook. You'll also find a generous dining area and a large laundry room on this level. Upstairs, the home offers a family-friendly layout with four well-sized bedrooms, including a luxurious primary suite complete with a walk-in closet and spa-like ensuite with steam shower, soaker tub, and double vanities. A full bathroom completes the upper level. Downstairs, the non-legal basement suite provides great flexibility—perfect for extended family, guests, or future rental income. It includes two additional bedrooms, a large living room, full kitchen, bathroom, storage area, and its own washer/dryer in the utility room. Other features include an oversized attached double garage, a backyard stone patio, and a storage shed. Enjoy being just a short stroll from the shops, restaurants, and amenities of the vibrant Marda Loop. More details
      Listed by Century 21 Masters
      CODY BATTERSHILL
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    Data was last updated May 10, 2025 at 08:05 AM (UTC)
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    Why Buy a Home with a Suited Basement?

    #1 – Rental Income – the most apparent reason to buy a house with a basement suite in Calgary is to generate additional income by renting it out to a tenant, helping to offset mortgage payments and other costs associated with owning a property.

    #2 – Increased Value – the income-generating capabilities of homes with secondary suites for sale typically afford them a higher market value compared to those without, making them an ideal investment. This added appeal not only elevates its market value, but is also an asset when it comes to reselling the property.

    #3 – Multi-Generational Living – homeowners who have relatives in need of assisted living benefit from having a basement suite. This allows caretakers to stay close while ensuring privacy and independence for adult children, aging parents, or other family members.

    #4 – Additional Living Space – The flexibility of having a fully functional suited basement in your home can be valuable in many instances; use it to house visiting family members from out of town, while maintaining a level of privacy often appreciated between loved ones.

    #5 – Advantageous City Programs – In a push to add as much housing as possible to accommodate an exploding population, the City of Calgary has a variety of programs for homeowners with a basement suite including financial incentives, and more.

    Legal Basement Suites

    A legal basement suites is any suite that conforms to the city’s guidelines. For example, legal suites have their own kitchen, entranceway, power panel, proper fire-rated separation from the other unit (typically with Type X firewall or another means of fire-rating), furnace, own hot water tank, among other bylaws set forth by the city.

    Illegal Basement Suites

    An illegal basement suite is any suite that was built not following the city’s guidelines or was built in an area without proper zoning. For example, if your suite does not have its own power panel or separate entryway, then it is likely not a legal suite.

    Supplement Your Lifestyle with a Basement Suite

    It is worth your while to determine what kind of basement suite a property has before signing on the dotted line. For example, is the basement suite legal or illegal (see above), and how will that affect your investment goals?

    Basement suites in Calgary are a great way to supplement your lifestyle by generating a secondary income stream. With increasing rental prices over the years, it is extremely advantageous to own a home with two residential dwellings – one up, and one down.

    Keep in mind that there are some technicalities with buying/owning a house for sale in Calgary with a basement suite, such as the separation requirements to make it legal including fire-rating drywall, having its own electrical panel/furnace/water tank, and stair access, to name a few.

    If you’re browsing basement suite houses for sale in Calgary and want to know if the secondary living space is considered legal/illegal, we would be happy to answer that question for you! Don’t hesitate to call us anytime; our team of professional Realtors® will be happy to help.

    Calgary Secondary Suite Real Estate Experts

    As a top-producing team with RE/MAX House of Real Estate, our Realtors® have helped countless clients buy and sell homes with basement suites in the Calgary Metropolitan Area.

    If you have questions about an MLS® listing or would like to help us aid you in your search for basement suite houses for sale, don’t hesitate to contact us anytime at 403.519.0495 and we will be more than happy to assist you!

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