Lakeridge was largely built out through the 1970s and 1980s with larger family homes on established streets, and that lot and house size can suit a legal secondary suite conversion better than a smaller, newer lot does, but the permit status still has to be confirmed property by property.
A permitted suite adds real, lendable income, while an unpermitted one adds close to nothing to a lender's or appraiser's number, so the neighbourhood's older housing stock is only an advantage once that paperwork is checked rather than assumed.
Joel Dyck can pull the actual comparables and rent data for a specific Lakeridge property before you buy or list. Get your hand-reviewed valuation from Joel Dyck.