WHAT IS LEGAL SUITE READY?
Broadview Homes is proud to offer a legal basement suite rough-in product allowing for full suite development with us or in the future on your own.
A “Legal Suite Ready” Basement Includes:
![GettyImages-522855935](https://www.broadviewhomescalgary.com/wp-content/uploads/2024/06/GettyImages-522855935.png)
- Separate Second Furnace in Basement
- Separate HRV System
- Sink Rough In
- Laundry Rough In
- Upgraded 75 Gallon Hot Water Tank
- Basement Side Entry Door with Light Outlet and Switch
**All to be Builder’s Standard**
Next Steps to “Full Legal Suite” Development:
![rent](https://www.broadviewhomescalgary.com/wp-content/uploads/2024/06/rent.png)
- Kitchen as per plan with Granite countertops
- Stainless Steel Whirpool Appliances (Fridge, Electric Range, Dishwasher, Over the Range Microwave)
- Stainless Steel Blanco Sink
- Landing to be Tile at Stair Entrance
- All Fireproofing and Code Requirements for Legal Secondary Suites
**All to be Builder’s Standard**
Legal Suite & Mortgage FAQ’s
A Quick Scenario on How Legal Suites Affect Mortgage Qualification
Based on minimum 5% down payment at current interest rates (assuming no other debts)
![bluehouse](https://www.broadviewhomescalgary.com/wp-content/uploads/2024/06/bluehouse-150x150.png)
Purchase: $600k with No Legal Suite
![arrow](https://www.broadviewhomescalgary.com/wp-content/uploads/2024/06/arrow-150x150.png)
Estimated Annual Household Income to Qualify: $140,000
![bluehouse](https://www.broadviewhomescalgary.com/wp-content/uploads/2024/06/bluehouse-300x300.png)
Purchase: $655k with Legal Suite
![arrow](https://www.broadviewhomescalgary.com/wp-content/uploads/2024/06/arrow-150x150.png)
Estimated Annual Household Income to Qualify: $125,000
(using rental income of $1,400/month)
For more information on how adding a legal suite to your new home can affect your mortgage qualification, “some conditions may apply” contact us or connect to a trusted ATB Mortgage Specialist:
Amanda Hoerle – (403)803-1474
Jessica Anderson – (403)682-9977