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Rental Income Calculator
Estimate how much rental income you could earn from a basement suite in Saskatoon.
Market Overview
Saskatoon Rental Market Overview
Saskatoon has a strong rental market with consistent demand for quality basement suites. Understanding local rates helps you make informed investment decisions.
Bachelor/Studio
$700 - $900/month
1 Bedroom
$850 - $1,100/month
2 Bedroom
$1,000 - $1,400/month
Factors Affecting Rental Rates
- Location: Central neighborhoods command higher rents
- Suite Quality: Modern finishes and appliances increase value
- Utilities: Included utilities can justify higher rent
- Parking: Dedicated parking adds value
- In-Suite Laundry: A premium amenity for tenants
Landlord Considerations
- Screen tenants thoroughly with references and credit checks
- Have a proper lease agreement
- Understand Saskatchewan landlord-tenant laws
- Set aside funds for maintenance and repairs
- Consider landlord insurance
Maximize Your Return with the SSI Grant
The SSI Grant can cover up to 35% of your construction costs ($35,000 max), significantly improving your ROI. Use our SSI Grant Calculator to see how much you could save.
Start Earning
Ready to Start Earning Rental Income?
Contact us for a free consultation. We'll help you understand your options, estimate costs, and navigate the SSI Grant application process.