Скачать или смотреть Legal Basement Suite in Calgary | Tips for New Homeowners On Renovating Your Basement Rental

Are you a new homeowner in Calgary, Alberta looking to make extra rental money from your basement? Is your basement an illegal basement suite?

Having extra space in your new home in Calgary is beneficial and can be a gateway in earning some extra cash to help with your mortgage or as additional income.
However, very few people actually have a legal basement or secondary suite in Calgary

Converting your illegal basement suite into a legal basement suite in your new Calgary home is one of the best ways to invest in your property.

Lucky for you, if you’re living in the city of Calgary, then you should definitely get into legalizing your existing secondary suite because they are waiving up to $900 in fees up to December 31, 2021.

By then, all secondary and backyard suites must be on their suite registry because, by January 2022, they will be reinstating suite registry fees and development permit fees. Unfortunately, this also means a whole new plan and a different budget as you will need to comply with stricter requirements for the province of Alberta.

To find out more about legal basement suite requirements and its costs, you can check out our video here, where we take you on a video tour detailing what it takes to have a legal basement suite in Calgary, Alberta 

Suppose you plan to build a legal basement suite or renovate your basement to make it a legal basement suite. First, you should know that the entrance to a basement, such as a below-grade entrance or a side door, have several general provisions that you have to follow in Alberta.

Having an exterior stairway and protection of secondary suite exits is one of them. Jasben Lai, a Calgary Realtor of the LiveInnerCity real estate team, explains in detail what this means and how you can execute your basement renovation to comply with these provisions.

If you would like to know more about having a legal basement suite and how it can help you, please contact us. The LiveInnerCity real estate team can help you find a home with a legal basement suite or help you turn your illegal basement into a legal basement suite.

Remember, the City of Calgary is waiving fees for the development permit and secondary suite registry for all secondary and backyard suites until December 31, 2021.

This is LiveInnerCity’s Legal Basement Suite Calgary - Tips for New Homeowners On Renovating Your Basement Rental!

Resource: City of Calgary Website (www.Calgary.ca)

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RESOURCES & LINKS MENTIONED IN THIS VIDEO

Legalizing An Existing Suite – How-To Video and Tour
   • Costs & How to Legalize Your Existing Base...  

Average Costs To Legalize Your Basement Suite
https://bit.ly/LegalizeYourBasementSu...

The city of Calgary - Secondary and Backyard suites:
https://bit.ly/2EjQeHb

Legalizing an existing suite:
https://bit.ly/32Q9cii

Add a secondary suite:
https://bit.ly/2Ek438F

Suite Registry (add this link to your rental so tenants can see it’s legal and safe for Calgary):
https://bit.ly/2ZV5jqt

For a FREE Calgary Community Map
https://bit.ly/33jhoX2

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Felix Chan & Jasben Lai are Calgary Realtors with the LiveInnerCity Real Estate Team in Alberta, Canada. Felix is also a Calgary Mortgage Broker and Real Estate Investor.

As your Calgary Real Estate Agent of choice, we are your one stop shop for all your Calgary Real Estate needs. We provide our best tips and tricks for home buyers, home sellers, and investors looking in the Calgary Real Estate Market. We also dive into Calgary Communities, and Home & Condo Tours.

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