What is a Legal Basement Suite in Calgary?

A legal basement suite in Calgary is in a home that has been inspected and approved to be used as a rental property. These Secondary Suites are highly sought after by first-time homebuyers, seniors, and real estate investors.

Having a home with income potential is very attractive for first-time homebuyers that want to skip the condo and townhouse market. Some often spend the first few years renting out the main floor while living in the basement. Now that's a smart way to jump-start home ownership without condo fees. 

Seniors wanting to downsize and also avoid condos and townhouses also love these properties. Seniors often have the basement tenants take care of the snow shovelling and lawn cutting as part of the rent.

Real Estate Investors love the opportunity to maximize their income potential by renting the basement suite, main floor and garages.

The big advantage of having a City Approved Secondary Suite is never having to worry about complaining neighbours calling the city to have your basement suite shut down.

Check out the City Of Calgary's Website for everything you should know about secondary suites.

Homes With Legal Basement Suites For Sale - Calgary Alberta

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166 Copperfield Manor SE
Copperfield Calgary T2Z 4R9

$524,900
Residential beds: 4 baths: 3.0 1,016 sq. ft. built: 2005

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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2002762
Bedrooms:
4
Bathrooms:
3
Year Built:
2005
HAVE YOUR HOME AND AN INCOME AT THE SAME TIME!!! You will be so impressed with this four level split, located close to schools and shopping, which features large windows, allowing plenty of natural light in each room. Main floor is home to an open concept living/dining and kitchen, as well as 2 bedrooms plus 4pc bath. the basement has a separate main floor entrance, This suite is comprised of an open concept living/dining/kitchen with two a separate bedrooms and 4pc bath. This is a must see property to add to your investment portfolio or buy with a built in mortgage helper.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
Suite - Legal
Home Style:
4 Level Split
Total Living Area:
1,015.59 sq. ft.
Main Level Finished Area:
519.89 sq. ft.
Upper Level Finished Area:
495.7 sq. ft.
Below Grade Finished Area:
888.9 sq. ft.
Lot Area:
5,220 sq. ft.
Lot Frontage:
18'2⅞"
Front Exposure:
Southeast
Unit Exposure:
Southeast
Floor Location:
Below Grade
Levels:
4 Level Split
End Unit:
No Common Walls
Total Rooms Above Grade:
5
Year built:
2005 (Age: 17)
Bedrooms:
4 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
2
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
0411823
Heating:
Forced Air, Natural Gas
Basement:
Finished, Suite, Walk-Out
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Hardwood
Cooling:
None
Fireplaces:
0
Water Supply:
Public
Sewer:
Public Sewer
Utilities:
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Garage:
0
Parking:
Off Street, Parking Pad
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
Laundry Room, Lower Level, Main Level, See Remarks
Copperfield
Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer
Washer/dryer, Fridge, stove, dishwasher (x2) Microwave
None Known
Floor
Type
Size
Other
Main Floor
Kitchen
43'8" × 24'11"
Main Floor
Dining Room
23'4" × 23'4"
Main Floor
Living Room
44'11" × 40'
Main Floor
Laundry
28'6" × 11'2"
2nd Floor
Bedroom - Primary
55'1" × 39'
2nd Floor
Bedroom
33'2" × 26'7"
Lower Level
Bonus Room
69'3" × 66'
Lower Level
Kitchen
35'5" × 26'11"
Lower Level
Bedroom
64'4" × 36'9"
Lower Level
Bedroom
40'4" × 26'7"
Lower Level
Laundry
44'7" × 23'4"
Floor
Ensuite
Pieces
Other
2nd Floor
Yes
4
29'2" x 37'1"
2nd Floor
No
4
13'6" x 26'11"
Lower Level
No
4
13'6" x 26'11"
Title to Land:
Fee Simple
Community Features:
Park, Schools Nearby, Playground, Sidewalks, Street Lights, Shopping Nearby
Interior Features:
Kitchen Island, Open Floorplan
Exterior Features:
Other
Patio And Porch Features:
Front Porch
Lot Features:
Back Lane, Cul-De-Sac, Front Yard
Num. of Parcels:
0
Fencing:
Partial
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
R-1N
Listed Date:
Sep 19, 2022
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Listed by REAL BROKER
Data was last updated September 29, 2022 at 05:30 AM (UTC)
Area Statistics
Listings on market:
36
Avg list price:
$532,450
Min list price:
$189,900
Max list price:
$718,900
Avg days on market:
33
Min days on market:
1
Max days on market:
99
Avg price per sq.ft.:
$313.18
These statistics are generated based on the current listing's property type and located in Copperfield. Average values are derived using median calculations.
Jerry Charlton
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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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