Having a secondary suite or in many cases basement suite in your home can be quite helpful. The vast majority of suites in Calgary are considered illegal but they are popular. Investors love the suited homes as it can increase the cash flow. First time home buyers also like the idea of some one else helping out with the mortgage payments.
Things to consider when buying a house with a secondary or basement suite.
· Separate Entrance, this is ideal as the occupants like there own entrance.
· Laundry, how is the laundry setup. Will the tenants have to share, or is it separate or in the units.
· Parking, Secondary suites if illegal can run into issues if there is a lack of parking. That’s when the neighbours complain.
· Community demographics. Some communities’ suites are more common than others. If your basement suite is not legal than it helps you in the neighbours have little interest in complaining.
· Windows, The basement windows must have proper egress.
Calgary Suited Homes For Sale, search for a secondary or basement suite in Calgary.