Due to eroding home ownership affordability across North America, and policies trending toward intensification of our urban residential infrastructure, converting single family homes to contain secondary suites is an excellent strategy to create extra income as a homeowner, or increased cash flow as an investor.
The key is to do them legally, which ensures that you are in good standing with your city, lender and insurance company. Start by downloading our FREE E-Book below.
Legal 2nd Suites - A Beginner's Guide (Ontario Edition) is NOW AVAILABLE. Subscribe below to get your FREE copy.
In it, we cover:
- Who can benefit financially
- How you can take advantage of ongoing trends
- How to make 2nd suites legal
- Dozens of valuable resources you can use
Before any work is done, you should always seek the advice of a qualified designer and contractor, and should never make a purchase decision of a property based on what you read on this site. Every situation is unique, and the information here may not necessarily apply for your particular circumstances.