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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NEXT Open House +1 more
Oct 01, 2022 12:00 PM - 04:00 PM MDT

245 Cranberry Circle SE
Cranston Calgary T3M 0S1

$724,900
Residential beds: 4 baths: 4.0 2,280 sq. ft. built: 2010

Main Photo: 245 Cranberry Circle SE Calgary
Photo 1: 245 Cranberry Circle SE Calgary
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Photo 42: 245 Cranberry Circle SE Calgary
Open House - Oct 01, 2022
12:00 PM - 04:00 PM MDT
NOTES: Open House on Saturday, October 1, 2022 12:00PM - 4:00PM
Open House - Oct 02, 2022
12:00 PM - 04:00 PM MDT
NOTES: Open House on Sunday, October 2, 2022 12:00PM - 4:00PM
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2001921
Bedrooms:
4
Bathrooms:
4
Year Built:
2010
FIRST TIME ON THE MARKET for this IMMACULATE HOME in the family-oriented community of CRANSTON. This 3 BEDROOM, 3.5 BATHROOM, FULLY FINISHED home with a 1 BEDROOM LEGAL SUITE and WALK-OUT BASEMENT is perfect for your growing family, multi-generational living or a mortgage-helper! From the moment you walk in you will appreciate the HUGE foyer, PRISTINE HARDWOOD FLOORS, NATURAL GAS FIREPLACE and a GOURMET KITCHEN with ISLAND and STAINLESS-STEEL APPLIANCES. A DINING AREA opens to a large COVERED DECK overlooking your LANSCAPED and FENCED YARD! The Main Floor features a DEN/OFFICE to work from home and an ample-sized Living Room with a NATURAL GAS FIREPLACE. A convenient mud room, MAIN FLOOR LAUNDRY and a two-piece powder room complete the main floor. The Upper Level features a LARGE BONUS ROOM, a Primary Bedroom with an impressive 4 PIECE ENSUITE BATHROOM and WALK-IN CLOSET; as well as 2 additional Bedrooms and an additional full 4-piece bathroom. The BRIGHT lower WALK-OUT Level continues to impress with a LEGAL SUITE featuring an OPEN CONCEPT family room, dining room, FULL KITCHEN with QUARTZ COUNTERTOPS, 3-piece bathroom, one bedroom and a SECOND LAUNDRY ROOM. A DOUBLE ATTACHED GARAGE completes this amazing property! This non-smoking, no pet home is in PRISTINE SHOW-HOME CONDITION! This home is has quick access in & out of the community and rare BACK LANE ACCESS. Enjoy all of the amenities Cranston has to offer including: schools, walking distance to the Cranston Market Shopping Center.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
Suite - Legal
Home Style:
2 Storey
Total Living Area:
2,280.4 sq. ft.
Main Level Finished Area:
1,064.7 sq. ft.
Upper Level Finished Area:
1,215.7 sq. ft.
HOA Fee Frequency:
Annually
Lot Area:
4,079 sq. ft.
Lot Frontage:
43'7¼"
Front Exposure:
Southeast
Floor Location:
Ground
Levels:
Two
Total Rooms Above Grade:
9
Year built:
2010 (Age: 12)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
1010692
Heating:
Forced Air, Natural Gas
Basement:
Separate/Exterior Entry, Finished, Suite, Walk-Out
Foundation:
Poured Concrete
Builder:
Cedarglen Homes
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Hardwood
Cooling:
None
Fireplaces:
1
Fireplace Details:
Gas, Insert, Living Room
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
In Basement, Main Level, Multiple Locations
HOA Fee:
$173.26
Cranston
Park, Playground, Recreation Facilities
Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, See Remarks, Washer, Window Coverings
Suite: Refrigerator, Electric Stove, Washer, Dryer, Microwave Hood Fan
None Known
Floor
Type
Size
Other
Main Floor
Kitchen
15' × 9'2"
Main Floor
Dining Room
12' × 8'11"
Main Floor
Den
11' × 8'6"
Main Floor
Living Room
15'1" × 13'10"
Main Floor
Foyer
8'1" × 6'11"
Main Floor
Laundry
8'5" × 8'5"
Upper Level
Bedroom - Primary
14'10" × 14'
Upper Level
Bedroom
12'7" × 11'3"
Upper Level
Bedroom
10'10" × 10'3"
Upper Level
Bonus Room
18' × 11'5"
Suite
Bedroom
12'5" × 12'3"
Suite
Kitchen
15'3" × 8'8"
Suite
Living/Dining Room Combination
24'4" × 11'4"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'8" x 5'
Upper Level
Yes
4
9'4" x 10'11"
Upper Level
No
4
4'11" x 8'8"
Suite
No
3
4'11" x 8'6"
Title to Land:
Fee Simple
Community Features:
Clubhouse, Park, Schools Nearby, Playground, Sidewalks, Street Lights, Shopping Nearby
Interior Features:
Breakfast Bar, Granite Counters, Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan
Exterior Features:
Private Yard
Patio And Porch Features:
Deck, Patio
Lot Features:
Back Lane, Back Yard, Front Yard, Lawn, Treed
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
R-1N
Listed Date:
Sep 15, 2022
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    Living Room
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    Kitchen
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    Covered Deck
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    Office/Den
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  • Photo 17: 245 Cranberry Circle SE Calgary
    Foyer
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    2 Piece Powder Room
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    Laundry Room/Mud Room
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    Primary Bedroom
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    Walk-In Closet
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    Bedroom 2
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    4 Piece Bathroom
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    Bedroom 3
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    Bonus Room
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    Virtually Staged Basement Suite
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    Virtually Staged Basement Suite
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    Kitchen in Suite
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    Virtually Staged BasementBedroom Suite
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    Second Laundry Room
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    3 Piece Bathroom
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  • Photo 39: 245 Cranberry Circle SE Calgary
    Huge, Yard
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    Patio
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Listed by CIR REALTY
Data was last updated September 29, 2022 at 05:30 AM (UTC)
Area Statistics
Listings on market:
66
Avg list price:
$451,605
Min list price:
$197,900
Max list price:
$2,950,000
Avg days on market:
28
Min days on market:
3
Max days on market:
143
Avg price per sq.ft.:
$331.32
These statistics are generated based on the current listing's property type and located in Cranston. 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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