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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56 Deerfield Circle SE
Deer Ridge Calgary T2J 6L8

$544,900
Residential beds: 5 baths: 3.0 1,089 sq. ft. built: 1982

Main Photo: 56 Deerfield Circle SE Calgary
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2002269
Bedrooms:
5
Bathrooms:
3
Year Built:
1982
Visit REALTOR website for additional information. This beautiful desirable detached bungalow home with a legal registered secondary suite is one of the largest lots in Deer Ridge. Laminate flooring throughout, spacious living and dining area with a lg bay window and fireplace. The bright inviting kitchen which has another bay window and built in credenza/desk. Hallway leads to a master bed with ensuite and 2 other generous sized bedrooms and 4 pc bath. Downstairs suite features lg living area, full kitchen, 2 bedrooms,4pc bath and laundry room.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
Suite - Legal
Home Style:
Bungalow
Total Living Area:
1,089 sq. ft.
Lot Area:
8,482 sq. ft.
Lot Frontage:
32'10½"
Front Exposure:
East
Levels:
One
Total Rooms Above Grade:
5
Year built:
1982 (Age: 40)
Bedrooms:
5 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
8010975
Heating:
Central, Fireplace(s), Forced Air
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Aluminum Siding, Mixed, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Laminate
Cooling:
None
Fireplaces:
1
Fireplace Details:
Electric
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Detached, Parking Pad
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
In Basement, In Bathroom, In Unit, Multiple Locations
Deer Ridge
Built-In Electric Range, Dishwasher, Electric Range, Garage Control(s), Gas Water Heater, Microwave, Microwave Hood Fan, Oven, Refrigerator, Stove(s), Washer/Dryer, Washer/Dryer Stacked, Window Coverings
N/A
None Known
Floor
Type
Size
Other
Main Floor
Living Room
15'11" × 14'10"
Main Floor
Kitchen With Eating Area
11'5" × 9'3"
Main Floor
Nook
7'1" × 5'4"
Main Floor
Bedroom
9'2" × 8'11"
Main Floor
Bedroom
9'2" × 8'10"
Main Floor
Bedroom - Primary
13'11" × 11'10"
Main Floor
Laundry
3'7" × 2'
Basement
Storage
4' × 2'6"
Basement
Game Room
15'10" × 14'5"
Basement
Kitchen With Eating Area
16'2" × 10'11"
Basement
Bedroom
9'4" × 9'3"
Basement
Bedroom
9'3" × 8'10"
Basement
Laundry
16'1" × 9'3"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
8'1" x 5'
Main Floor
Yes
3
4'7" x 8'2"
Basement
No
4
7'2" x 5'8"
Title to Land:
Fee Simple
Community Features:
Schools Nearby, Playground, Shopping Nearby
Interior Features:
Breakfast Bar, Ceiling Fan(s), Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan, Recessed Lighting, See Remarks, Separate Entrance, Smart Home, Soaking Tub, Storage
Exterior Features:
Garden, Rain Gutters, Storage
Patio And Porch Features:
Front Porch, Patio
Lot Features:
Back Yard, Corner Lot, Fruit Trees/Shrub(s), Gazebo, Front Yard, Garden, Irregular Lot, Pie Shaped Lot, Private, Treed
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone S
Zoning:
R-C1
Listed Date:
Sep 19, 2022
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Listed by PG Direct Realty Ltd.
Data was last updated September 29, 2022 at 05:30 AM (UTC)
Area Statistics
Listings on market:
4,617
Avg list price:
$515,000
Min list price:
$24,900
Max list price:
$8,000,000
Avg days on market:
40
Min days on market:
1
Max days on market:
1,256
Avg price per sq.ft.:
$380.21
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations.
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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™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.