The basement in a new build home can be full of potential to help you invest in your future by letting your home work for you. At Sterling, the majority of our floorplans offer one and two bedroom suite options, allowing homeowners to rent their basement as its own unit and offset mortgage expenses with rental income. Also, customers may qualify for additional mortgage funds based on the rental income as listed below.

The trend of suites and co-sharing enable you to make homeownership possible sooner than later and let’s your home make money for you. Better yet, looking to make a move into the investment market? Basement suites enable you to make rental income from every level of the home.

Our suites fit into all shapes and sizes of our homes, with options available in our laned, duplex and front attached garage homes.  Suites include modern finishes and functional spacious layouts.

Basement suite

What’s included in your basement suite? 

  • Basement Development
  • Separate Side Entrance with solid core door installed and separate dead bolt
  • 9’ Basement Ceilings
  • Additional second furnace
  • Laundry room rough-in
  • 13’6″ straight-run base kitchen cabinets
  • 9′ of straight-run 30″ upper kitchen cabinets, 12″ upper cabinets over range and refrigerator
  • Stainless steel refrigerator, electric range, microwave and dishwasher
  • LVP flooring added to basement stair landing and kitchen
  • R-20 Batt Insulation with sound bar and 1/2″ drywall ceiling board
  • 1 and 2 bedroom options available

In addition, Sterling Homes offers a basement suite rough-in product that allows you future suite potential or the possibility to develop the suite yourself. 

Basement Suite

How Do I Qualify for a Basement Suite?

  • Contact Sterling Homes’ Lenders to get started on an approval and see what impact a basement suite has on both qualifications for a mortgage and how it can help pay off your mortgage faster.
  • Check out the math on this example of how simple it is to qualify for a basement suite. Note amounts subject to change based on market interest rates.


Mortgage payments
Rental income
Net payments