Creative solutions for accommodation are always popular — and who’s not on the lookout for a good property investment. One of the most attractive options right now are secondary suites because of the flexible options they present.
Secondary suites are self-contained units that are detached from the main residency — such as a backyard unit, a laneway house, a basement suite or an above-garage unit.
Secondary suites are gaining acceptance across the country and laws are slowly catching up to reflect this new reality.
In Edmonton, for example, there are about 3,500 registered secondary suites this year. The city is expecting 1,600 additional suites in the coming years.
Now is an opportune moment to jump on the bandwagon of building rental…