Income-Generating Calgary Properties
Calgary Homes with Legal Suites
Price Range: $550K to $900K
Calgary's legal suite market has exploded in recent years as homeowners discover the mortgage-offsetting power of a well-executed secondary suite. With Calgary's rental vacancy rates consistently tight, a legal suite can generate $1,500-$2,500/month in secondary income.
What You Get In This Category
City-permitted legal secondary suites
Separate entry and full kitchen
$1,500-$2,500/month rental income
Mortgage offset of $18,000-$30,000 annually
Tenant privacy and separation
Long-term investment value
Multigenerational living option
Strong rental demand in Calgary
Top Calgary Communities
Shawnessy
LRT + Fish Creek — premium rental demand from commuters
Somerset
LRT-adjacent — consistent rental demand, strong yields
Deer Run
Large lots, Fish Creek access — ideal suite development candidates
McKenzie Towne
Walkable village — strong rental demand, diverse tenant pool
Acadia
Large inner SE lots — highest suite development upside
Bridlewood
LRT access, Fish Creek — dual demand drivers for rentals
Frequently Asked Questions
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