A SMARTSTART FOR HOMEBUYERS: DUPLEXES WITH REGULATION BASEMENT SUITES
Investing in a brand-new duplex is a smart, forward-thinking decision—especially when it includes a regulation basement suite. Not only do you benefit from a modern and efficient home design, but the built-in rental potential offers valuable financial flexibility. Here are some key advantages to buying one of our new SmartSTART duplexes in Regina with a regulation basement suite, offering our industry-leading 1-2-10 Promise warranty.
1. Mortgage Support
Owning a home is one of the biggest financial commitments you’ll make, and North Ridge Regina understands the need for flexibility. By purchasing a duplex with a legal basement suite, you can turn part of your home into a revenue generator. Renting out the suite can provide you with additional income to offset your mortgage, making homeownership more affordable and allowing you to focus on building equity faster.
2. Income Opportunity
The basement suite can serve as an excellent source of passive income. In Regina’s growing rental market, there’s demand for modern, well-maintained rental spaces. The income from renting the suite can go beyond just mortgage support, helping you with day-to-day expenses, renovations, or even saving for future investments. It’s a practical way to enhance your financial security over the long term.
3. Flexible Living Arrangements
Whether you’re looking for a home that can accommodate aging parents, provide a space for adult children, or house extended family, a duplex with a regulation basement suite offers tremendous flexibility. You can live comfortably in the main unit while still maintaining privacy for everyone. It’s a great solution for multi-generational living that adapts to changing family dynamics.
4. Modern Design & Features
With North Ridge Regina’s new builds, you can expect energy-efficient designs, modern layouts, and the latest in appliances and technology. This minimizes the likelihood of costly repairs and ensures that both you and your tenants can enjoy the benefits of a low-maintenance, comfortable living space.
5. Increased Resale Value
A duplex with a regulation basement suite is a valuable asset. Should you decide to sell in the future, the property will appeal to a wide range of buyers, from investors seeking rental income to families looking for additional space. The rental suite adds an extra layer of value that makes your home stand out in the market.
6. 1-2-10 Promise Warranty
One of the most significant advantages of buying from North Ridge Regina is their 1-2-10 Promise warranty. With this warranty, you receive:
- 1 Year of coverage for defects in materials and labor.
- 2 Years of coverage for major systems like heating, plumbing, and electrical.
- 10 Years of coverage for major structural components.
This warranty provides peace of mind, knowing that your investment is protected from unforeseen issues, ensuring that both you and your tenants can enjoy a worry-free living experience.
Why Choose North Ridge Regina?
When you buy a SmartSTART from North Ridge Regina, you’re not just purchasing a home—you’re making a long-term investment. From the potential rental income to the modern design and flexible living options, these homes offer unlimited benefits. And with the added security of the 1-2-10 Promise warranty, you can trust that your investment is well-protected for years to come.
Investing in a new duplex with a regulation basement suite is a smart financial move, and North Ridge Regina is here to guide you every step of the way. Explore our new builds today and discover how you can make your dream of homeownership more attainable.
