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Lincolnberg Google Reviews

4.2

Review Rating

“The communication was perfect, we had our questions answered in a timely manner.”

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Home Owner Mark of Excellence

8.9

117 Customer Reviews

2020 Best Customer Experience & Builder of Choice Award Winner!

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Pay off your mortgage faster with an income suite!

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Choose Your Income Property, Kick Back and Watch the Money Roll In...

We are YEG’s Income Property Experts, with a vast selection of models that we can build legal income suites in – from townhomes to duplexes to single family homes.

Seeing is believing, that's why we created an income property calculator. Click the home type – Duplex, Laned Home or Attached Garage – and toggle between the No Suite and Basement Suite options to see the difference in your net mortgage or amortization schedule.

DISCLAIMER: Interest rates subject to change. Pricing and payments include GST and mortgage loan insurance. See here for mortgage loan insurance rates. Calculations are general estimates only, for personal pricing and financing options please talk to one of Lincolnberg’s Area Sales Managers.

Convinced an income suite is for you?

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Why Choose a Home with a Legal Income Suite?

Extra Income

When your home includes an income property and you can find and prove you have a renter, lenders will include the future rent payments as income when calculating your debt servicing ratios and determining whether or not you qualify for the home. This extra income allows you to qualify for a bigger or nicer home now, allows you to pay off your mortgage sooner or you can use the extra cash flow for whatever you want!

Return on Investment

The math works when investing in income properties. Today’s landlords are borrowing at historically low interest rates of around 2% and then renting properties with returns after cost of around 5%. Landlords make the spread between borrowing and income TIMES not just their investment but the money they borrow. Positive cash flow in real estate with leverage will deliver great returns for investors.

Build Equity Faster

When your home includes an income suite, you are essentially enjoying the benefit of someone else paying (or at least contributing towards) your mortgage! When the time comes to sell, you will have paid down more of your mortgage than you would have in a suite-less home.

Edmonton Makes it Easier

Finding an income property for sale in Edmonton is easier than in some cities where this game changing affordability tool is limited to city centres or core districts. Purchasing a legal suite in the suburban, newer developments of Edmonton is far less expensive than the downtown core. This reduces the entry and ensures opportunity for more people to purchase income suites.

What is an income property?

Find out what they are, the different types available, and the benefits in our blog post.

Who Rents Income Suites?

What does a Lincolnberg Master Builder Secondary Suite Include?

*Homeowner responsible as they see fit to apply for second address/utility set-up.

Ready to explore your income suite options?

Reach out to our sales team today to get started!

Contact Us

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properties with income suites available
in Saxony Glen

The Whitman (534-006)

16619 30 Avenue SW, Edmonton

Price

$374,900 / Immediate
  • Laned Home
  • 2 Storey
  • 1544 Sq. Ft.
  • 3   2.5
  • Income Suite Ready
review

Home Owner Mark of Excellence

10.0

“Purchasing a home with Lincolnberg made our first home buying experience very seamless and positive!”

- Sydney and David (May 2019)

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Exclusive Offer
in Rosenthal

The Grahame (529-010)

8536 223 Street NW, Edmonton

Price

$535,000 / Immediate
  • Attached Garage
  • 2 Storey
  • 2264 Sq. Ft.
  • 3   2.5
  • Income Suite Ready
review

Lincolnberg Google Reviews

4.2

Review Rating

“The communication was perfect, we had our questions answered in a timely manner.”

See More Great Reviews

The Hardy

  • Laned Home
  • Bi-Level
  • 826 Sq. Ft.
  • 1   1.5
  • Income Suite Optional

The Yoho

  • Duplex
  • 2 Storey
  • 1266 Sq. Ft.
  • 3   2.5
  • Income Suite Optional

The Wilde

  • Laned Home
  • 2 Storey
  • 1400 Sq. Ft.
  • 3   2.5
  • Income Suite Optional
review

Home Owner Mark of Excellence

10.0

“This is my second new home purchase. I love dealing with Lincolnberg. My questions are always answered courteously and respectfully, and promptly. Every person I have dealt with directly has been more than helpful. The construction staff on site is equally as helpful and courteous.”

- Janet (Jul 2018)

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The Columbia

  • Duplex
  • 2 Storey
  • 1350 Sq. Ft.
  • 3   2.5
  • Income Suite Optional

The Blake

  • Laned Home
  • 2 Storey
  • 1336 Sq. Ft.
  • 3   2.5
  • Income Suite Optional

The Rossetti

  • Laned Home
  • 2 Storey
  • 1400 Sq. Ft.
  • 3   2.5
  • Income Suite Optional

The Scott

  • Laned Home
  • 2 Storey
  • 1460 Sq. Ft.
  • 3   2.5
  • Income Suite Optional

The Algonquin

  • Duplex
  • 2 Storey
  • 1408 Sq. Ft.
  • 3   2.5
  • Income Suite Optional
review

Lincolnberg Google Reviews

4.2

Review Rating

“The communication was perfect, we had our questions answered in a timely manner.”

See More Great Reviews

The Eliot

  • Laned Home
  • 2 Storey
  • 1426 Sq. Ft.
  • 3   2.5
  • Income Suite Optional

The Whitman

  • Laned Home
  • 2 Storey
  • 1504 Sq. Ft.
  • 3   2.5
  • Income Suite Optional

The Tremblant

  • Duplex
  • 2 Storey
  • 1415 Sq. Ft.
  • 3   2.5
  • Income Suite Optional

The Norquay

  • Duplex
  • 2 Storey
  • 1452 Sq. Ft.
  • 3   2.5
  • Income Suite Optional

The Purcell

  • Duplex
  • 2 Storey
  • 1435 Sq. Ft.
  • 3   2.5
  • Income Suite Optional

The Dartmouth

  • Townhouse
  • 2 Storey
  • 1455 Sq. Ft.
  • 3   2.5
  • Income Suite Optional

The Dartmouth II

  • Townhouse
  • 2 Storey
  • 1457 Sq. Ft.
  • 3   2.5
  • Income Suite Optional

The Rundle

  • Duplex
  • 2 Storey
  • 1552 Sq. Ft.
  • 3   2.5
  • Income Suite Optional

The Eliot II

  • Laned Home
  • 2 Storey
  • 1572 Sq. Ft.
  • 3   2.5
  • Income Suite Optional

The Tennyson

  • Laned Home
  • 2 Storey
  • 1638 Sq. Ft.
  • 3   2.5
  • Income Suite Optional

The Hawthorne

  • Attached Garage
  • 2 Storey
  • 1574 Sq. Ft.
  • 3   2.5
  • Income Suite Optional
review

Home Owner Mark of Excellence

10.0

“Over the course of looking at many different homes, the Lincolnberg quality definitely stood out to us. We would highly recommend Lincolnberg to anyone looking for a new home. :)”

- Tonya and Michael (Apr 2019)

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The Frost

  • Laned Home
  • 2 Storey
  • 1630 Sq. Ft.
  • 3   2.5
  • Income Suite Optional