Westmount is an established Saskatoon neighbourhood close to downtown, with an older housing stock that includes a number of basement suites added over the decades, some with a City of Saskatoon permit on file and some without, and the two can look identical from the outside.
The City of Saskatoon's zoning bylaw and building code set the ceiling height, egress window size and fire separation a suite needs to be legal, and up to four units most lenders and appraisers still price the property on comparable sales with a rent adjustment rather than a pure income approach.
Joel Dyck confirms a Westmount suite's legal status before pricing it and compares it against sales of genuinely comparable, permitted units. Get your hand-reviewed valuation from Joel Dyck.