CALGARY & AREA SUITED BASEMENT LISTINGS

Suited Homes in Calgary can Provide Excellent Monthly Cash Flows!

Many property owners enjoy the nice positive cash flow provided by purchasing a single family home that has been altered to include a separate secondary basement suite.  You can live upstairs, while renting the basement suite out to a tenant. This will supplement your mortgage payment.  This is ideal for a first time home owner who wants to reduce their monthly mortgage contributions.

If you are an investor who is looking to buy a suited property for revenue purposes, this is a perfect way to maximize cash flow on your real estate investment. Here are a few advantages to buying a suited basement home for investment purpose.

  • Revenue is maximized due to having 2 tenants or renters in the same home.  Typically, Calgary basement suites will rent for $1,000 – $1,500 / month and main levels will rent for $1,500 – $2,000 / month. This should generate great monthly cash flow!
  • Risk is minimized by having 2 renters.  Typically, separate tenants will not vacate at the same time. This results in constant income, even if only 1 space is rented out.

If you’d like more information on Secondary Suites, please give us a call or text (403) 860-6457 or email [email protected]. We would be happy to discuss your plans to purchase a Calgary home.

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