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Suite Additions
Canada
Приєднався 20 лют 2016
Suite Additions provides info on strategies to create wealth and better housing through various densification options (eg. second suites, ADUs, and garden suites). We also provide opinion on the economic trends and policy that impact these housing options, whether you're a small investor or homeowner.
Master Class On 3 & 4 Unit Legal Conversions
A short Master Class presentation I did a few months ago for the Canadian Real Estate Women's Association, discussing the potential for 3 and 4 unit conversions.
I've done this presentation a few times, and it highlights some of the key concepts when it comes to converting single family homes to 3 and 4 units, and I have some case studies that I go through as well.
A lot more progress has been made in this space since this presentation, but it'll give you a good understanding if you aren't familiar with some of these concepts.
Check out this video as we cover the following topics:
03:45 - Summary of Bill 23
05:40 - Cities that allow 4 units
07:30 - Interactive zoning maps
08:00 - 3 Unit conversion options
10:45 - Additional "flex space" units
12:05 - Laundry options
13:50 - Min size for garden suites
15:30 - House vs. Small Building
20:30 - 4 Unit conversion options
21:15 - Suburban home conversions
24:00 - Ballpark costs
26:45 - Rear additions for new suites
-------------------------------------
🌟 Details about our In-Person Max Suite Strategy Training Program and Community This Coming Oct 25 to Oct 27 are Up! 🌟
🚀 Are you ready to be a MAX SUITE Pro?
💰 Are you ready to potentially unlock hundreds of thousands in value for each and every property using the Max Suite Strategy?
If the answer is yes, then we have the ultimate training for you! 🏆
Check out our short video highlights! 👉 • Max Suite Strategy Comprehensive Trai...
👉 Visit www.suiteadditions.com/training for more information and to apply, or click on the linktree in our Bio!
📚 In this Comprehensive In-Person Program, You Will Learn:
🔍 Principles, strategies, and tactics that we and our clients implement on each property to maximize its long-term value.
💡 Gain the experience, knowledge, and skills from our 8+ years and 400+ projects with additional suites, helping investors and homeowners gain unparalleled value. 🏡💼
🌠 Join us and become a part of the Max Suite Community today! 🌐
---------------------------
Download Our NEW Garden Suite Guide and a copy of our 8 - Point Checklist & Second Suites Beginners Guide.
📚 👉 www.suiteadditionspro.com/garden-suites
Hire Us For Your Project! You can always hire us for a Zoom or in-person consultation for your suite conversion, or hire us to help you with your suite design and permit drawings. (Consultation fees can be credited towards any design and permit package you choose to pursue. So it's a win-win!)
✉️ 👉Connect With Us: www.SuiteAdditions.com/contact
IMPORTANT* This guide is intended for informational purposes only. DO NOT rely on the information in this guide for any real estate transactions. Since every property is unique, you must perform your own due diligence with the City and with a professional consultant. Suite Additions Inc., and its affiliates are not liable for any loss as a result of information you receive in this guide.
I've done this presentation a few times, and it highlights some of the key concepts when it comes to converting single family homes to 3 and 4 units, and I have some case studies that I go through as well.
A lot more progress has been made in this space since this presentation, but it'll give you a good understanding if you aren't familiar with some of these concepts.
Check out this video as we cover the following topics:
03:45 - Summary of Bill 23
05:40 - Cities that allow 4 units
07:30 - Interactive zoning maps
08:00 - 3 Unit conversion options
10:45 - Additional "flex space" units
12:05 - Laundry options
13:50 - Min size for garden suites
15:30 - House vs. Small Building
20:30 - 4 Unit conversion options
21:15 - Suburban home conversions
24:00 - Ballpark costs
26:45 - Rear additions for new suites
-------------------------------------
🌟 Details about our In-Person Max Suite Strategy Training Program and Community This Coming Oct 25 to Oct 27 are Up! 🌟
🚀 Are you ready to be a MAX SUITE Pro?
💰 Are you ready to potentially unlock hundreds of thousands in value for each and every property using the Max Suite Strategy?
If the answer is yes, then we have the ultimate training for you! 🏆
Check out our short video highlights! 👉 • Max Suite Strategy Comprehensive Trai...
👉 Visit www.suiteadditions.com/training for more information and to apply, or click on the linktree in our Bio!
📚 In this Comprehensive In-Person Program, You Will Learn:
🔍 Principles, strategies, and tactics that we and our clients implement on each property to maximize its long-term value.
💡 Gain the experience, knowledge, and skills from our 8+ years and 400+ projects with additional suites, helping investors and homeowners gain unparalleled value. 🏡💼
🌠 Join us and become a part of the Max Suite Community today! 🌐
---------------------------
Download Our NEW Garden Suite Guide and a copy of our 8 - Point Checklist & Second Suites Beginners Guide.
📚 👉 www.suiteadditionspro.com/garden-suites
Hire Us For Your Project! You can always hire us for a Zoom or in-person consultation for your suite conversion, or hire us to help you with your suite design and permit drawings. (Consultation fees can be credited towards any design and permit package you choose to pursue. So it's a win-win!)
✉️ 👉Connect With Us: www.SuiteAdditions.com/contact
IMPORTANT* This guide is intended for informational purposes only. DO NOT rely on the information in this guide for any real estate transactions. Since every property is unique, you must perform your own due diligence with the City and with a professional consultant. Suite Additions Inc., and its affiliates are not liable for any loss as a result of information you receive in this guide.
Переглядів: 796
Відео
11 Key Design Strategies For Tiny Homes, Garden Suites & ADUs | Accessory Dwelling Units
Переглядів 740Місяць тому
Lately, we've been working on a lot of smaller garden suite projects. 🌱🏡 From 200 SF single car garages 🚗, to 500 SF 1 bedroom units 🛏️. With a much smaller footprint, we have to get super creative with design strategies to maximize the space. 🎨📏 So this week, we compiled a list of 11 items 📋 that we have incorporated into our smaller units. As I've previously stated, I think one of the biggest...
HST Implications For Your ADU, Garden Suite & Multiplex Conversion | Rebates | Self Supply | IPCs
Переглядів 821Місяць тому
We were quite surprised 😮 how many people were unfamiliar with HST implications when it comes to their renovation and construction projects. 🏗️ To be honest, we were as well! 🤷♂️🤷♀️ Until we had to go through this whole process ourselves! 😅 So we did a video 📹 highlighting 3 important aspects of HST and what you need to be aware of when it comes to a conversion project. These include: 🧾 HST I...
Max Suite Strategy Comprehensive Training - Now Accepting Applications For Fri Oct 25 to Sun Oct 27
Переглядів 3372 місяці тому
We just completed our first in-person session and it was an incredible success! Apply Below & Join Our Community! Successful applicants can immediately participate in our coaching sessions and upcoming educational events and onsite training workshops before the next in-person training session in October. Details about our in-person Max Suite Strategy Training Program is up! Are you ready to be ...
Cost For Existing Basement Conversion Increasing Rent From $1790 to $5000
Переглядів 1,3 тис.2 місяці тому
Cost For Existing Basement Conversion Increasing Rent From $1790 to $5000
How This Investor Divided 2 Lots Into 4 & Built 4 New Homes | Process and Cost Analysis
Переглядів 2,5 тис.2 місяці тому
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Переглядів 4303 місяці тому
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Luxury Basement Suite Gets More Rent Than Main Unit! (Suite Additions X RockStar Real Estate Collab)
Переглядів 1,7 тис.3 місяці тому
Luxury Basement Suite Gets More Rent Than Main Unit! (Suite Additions X RockStar Real Estate Collab)
Avoid These Mistakes When Building A Garden Suite or ADU (7 Critical Issues)
Переглядів 1,9 тис.4 місяці тому
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Top 8 Cities In Ontario For Investing In Max Suite Conversions
Переглядів 1,4 тис.4 місяці тому
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The Best Real Estate Professional For Your Max Suite Project (5 Important Assets)
Переглядів 4735 місяців тому
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How To Upgrade Your Electrical System For 2, 3, 4 Units, ADUs & Garden Suites (And Who Is Qualified)
Переглядів 9535 місяців тому
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6 House Types For 2, 3 & 4 Unit Conversions | Max Suite Strategy | Multiplex and ADUs
Переглядів 9465 місяців тому
6 House Types For 2, 3 & 4 Unit Conversions | Max Suite Strategy | Multiplex and ADUs
6 Ways To Protect Yourself As A Landlord | Max Suite Strategy | GTA Real Estate Investing
Переглядів 1 тис.6 місяців тому
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10 Mistakes To Avoid When Hiring A Contractor (In 2024)
Переглядів 1 тис.6 місяців тому
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How To TURN 1 UNIT INTO 10 UNITS (Using A Lot Severance!)
Переглядів 1,4 тис.7 місяців тому
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Переглядів 1,1 тис.7 місяців тому
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Переглядів 1,2 тис.8 місяців тому
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GTA Real Estate In 2024 | Rate Cuts Ahead | Housing Crunch | Max Suite Strategy
Переглядів 1,5 тис.8 місяців тому
GTA Real Estate In 2024 | Rate Cuts Ahead | Housing Crunch | Max Suite Strategy
5 Critical Differences Between Duplexes VS. Multiplexes
Переглядів 2,2 тис.9 місяців тому
5 Critical Differences Between Duplexes VS. Multiplexes
Multiplex Conversion In Hamilton, Ontario | 3-Unit Conversions | Cash Flowing $750 | Missing Middle
Переглядів 3,6 тис.9 місяців тому
Multiplex Conversion In Hamilton, Ontario | 3-Unit Conversions | Cash Flowing $750 | Missing Middle
How To Obtain A Building Permit For Your Max Suite Project | Design Process | ADU | Garden Suites
Переглядів 1,4 тис.10 місяців тому
How To Obtain A Building Permit For Your Max Suite Project | Design Process | ADU | Garden Suites
How To Convert 1 Home Into 5 | Toronto's New Multiplex Policy | ADUs | Garden Suites
Переглядів 6 тис.10 місяців тому
How To Convert 1 Home Into 5 | Toronto's New Multiplex Policy | ADUs | Garden Suites
Part 6 Max Suite Strategy | 6 Steps To Get Highest Return | Analyzing & Budgeting | Financing ADU
Переглядів 1,1 тис.11 місяців тому
Part 6 Max Suite Strategy | 6 Steps To Get Highest Return | Analyzing & Budgeting | Financing ADU
Emily's Awesome 2 Bed Garage Conversion Garden Suite | Accessory Dwelling Unit | Max Suite Strategy
Переглядів 2,4 тис.11 місяців тому
Emily's Awesome 2 Bed Garage Conversion Garden Suite | Accessory Dwelling Unit | Max Suite Strategy
*Update* New Construction Only $1 Million+ For 5-Unit+ CMHC Rental Construction Financing Initiative
Переглядів 3,8 тис.11 місяців тому
*Update* New Construction Only $1 Million For 5-Unit CMHC Rental Construction Financing Initiative
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Переглядів 3,4 тис.Рік тому
$10K Energy Grants $40K Interest Free Loans | Energy Efficiency Incentives | Ontario & Canada
$7200 In Rent For 1.5 Storey Home Using Max Suite Strategy | Hamilton Garden Suite ADU | Site Tour
Переглядів 3,3 тис.Рік тому
$7200 In Rent For 1.5 Storey Home Using Max Suite Strategy | Hamilton Garden Suite ADU | Site Tour
8 Trends For The Future Of Housing | ADUs & Garden Suites | GTA Real Estate and Housing Policy
Переглядів 920Рік тому
8 Trends For The Future Of Housing | ADUs & Garden Suites | GTA Real Estate and Housing Policy
Top 10 Garden Suite & ADU Questions | Max Suite Strategy | GTA & Toronto Real Estate
Переглядів 3,4 тис.Рік тому
Top 10 Garden Suite & ADU Questions | Max Suite Strategy | GTA & Toronto Real Estate
This very useful information. Thank you.
Got robbed
I would say this will likely spur some increased activity in the real estate market this fall.
Who can I hire in Cleveland, Ohio to help me install a water and electrical sub-meters? Thank you for your help!
Why would you need 2 water heaters?
Hi! Can you please let me know if you know of a company that can remotely read water meter and bill separately? I have an investment property with a main house and ADU and need separate bills. I tried California Sub-Meters but they said that they only deal with large HOA's and not individual residences like mine. Thank you in advance!
Hi, Thanks for this great info Video. Does all this multiplexing include Richmond Hill too.?Thanks.
@arifin1954 My pleasure. Unfortunately not yet in Richmond Hill as far as I know. They do allowed 2 units and garden Suites though.
You have online courses? 😊
@@baoshenyi we have an online 2nd suite course at www.suiteadditionspro.com
@@suiteadditions I live in Edmonton, do you have course to build garden suit by myself in Alberta? since some rules might be different? or you have a branch here? thanks
I currently have a multiplex with 5 units. If i have all the space in the back, can i build the Garden suite / Laneway house as a 6th unit? Is this allowed? Or is there a cap on how many units you can have? I havent seen an answer anywhere to this yet..
@luckylucciani8534 not under current bylaws but you can try pushing for a zoning amendment with the city.
With the meters needing to be connected to Wifi, how do you do that? Can you just connect with permission to a tenant's?
Is Brampton part of ADU, haven't seen any so far?
@@kranthikumarmuppasani yes they are
Fantastic job Andy! Thank you so much for sharing. I learned so much from every video that you shared!
@user-wz7zl6fb6d Thanks Catrina....glad to be of value
I need one
I built a second unit dwelling in 2020 in Brantford I submitted HST reno rebate and got quite a big rebate back. I plan on building a third unit attached to my home in the near future
@@jessicabisaillon3044 awesome thanks for sharing!
Great info thank you
That means no one will be selling their homes, which then leads to lower supply, no?
@@stephanietran4095 they haven't a clue
Does making addition suites/legalize basement increases your property tax ? In that case, does it make sense for an investor ?
@iftek2482 Taxes are based on Mpac assessment, and in our experience it's been minimal. It has certainly made sense for investors.
dont forget , arborist master, tree master, ravine master, environment master...........can be a pin in the leg, thx for sharing
Nice share. Very interesting 👍
Who ever you are or where ever you live, watch out. My husband I I tried, they got our hopes up and everything was suppose to be running smoothly. But we were a risk. We applied in September 2023 and today July 2024 we found out we are a risk. There was no explanation what so ever. Because they have access to every second of your life, they know if you are ill. We, my husband and I are all of a sudden at risk. As I warn you, the more my husband and I talk about it. We are also retired. We have never missed a payment on our mortgage our bills. Our trucks are paid off as well. We pay only $1300.00 a month on our mortgage and that in itself should say so much about us. We have “never” been refused until this so called Government Program. I warn all who don’t have a good health behind them or not mankind more than say…$45,000 a year you are not going to get this. They will put you through so much BS that it will drain you and the next thing you know, you are forking out money to the government and get nothing to show for it.
Sooooooooooo..... about that auction they were talking about. Details?
You guys think this will be allowed in British Columbia. They just pass bill 44 allowing for 2,3,4 units and some up to 6 and 8 units on a single family lot.
Yes BC is leading the charge for Max Suite projects
@@suiteadditions do u know if they would allow converting your single family house and dividing it into 3 seperate units? Or dose it have to be a new build? Tear down and build from scratch? I like how Ontario allow single family conversions into multiple units. Awesome video keep up the good work
No matter how many millions, to fight housing crisis, they have to stop immigration & bring people to built & when need cook, bring cook, need teacher bring teacher etc, not welfare , we can not save the wolrd, the rich owner of apartment who got big asset, do they want more unit on the market to rent to reduce there asset = No, when you stop immigration, might slow inflation, Toronto take times to release permit to fight inflation, did they release the new roomates regulation ? & for the owner who wants to build a garden suite. lane way etc behind, some owners are facing extra cost for tree master, ravine master, conservation master, in the world of today we need skill people to run a country a lot of puppet out there, far away to be musketeers for the good of Canada future, do we need a central costly governement? i dont even know why people going to vote knowing the only rights they got is to vote after is shut the f...p just my opinion, who got cash for rainy days are ok, thx
I live in Brantford. Just completed two years of living in this house. My basement is around 1000+ sqf. Would you be able to help me with finishing my basement please?
Perfect vídeo. It is exactly what I am trying to do now in NJ. I have a 2 family house, planning a 3rd floor and detached 2 car garage conversion. Looking for an architect/engineer for the planning. I have a contractor that believes all this to be around or under 250
Great idea if garage is underutilized
198$ per square foot? Where to get that contractor??
He self contracted to be able to get that pricing. Didn't include his time.
How much sqft is that suite?
Really interesting. Nice work Dan
Great video, Thanks for sharing the valuable insights and details. Truly a keepsake.
Glad you enjoyed it!
Thanks for the video. I was hoping you would talk about the framing on top of the drain. In my situation the drain is at least 6 inches away from the wall. The membrane extends to it. For my framing, I presume I'll have to place it on the side of the drain that is opposite from the wall. Is that what you might recommend? Any way not to lose out on all that square footage?
put the bar in
What is the HST rebate y’all are discussing?
www.canada.ca/en/revenue-agency/services/tax/businesses/topics/gst-hst-businesses/gst-hst-rebates/new-housing-rebate.html
Do we get hst rebate if we finish the entire basement of the same house we reside in. I did try to look at the link. But it’s kind of confusing.
great video thank you
Very good info!
Great video. Super informative. Good luck with your build.
Thank you for the kind words!
You guys are naturals on camera!
How far above grade should a window be in Ontario?
at least 6" or you will need a window well
If a person wanted to be the general contractor for a simple 800sq.ft garden suite in London Ontario area what would you expect the total cost to be just to put up the foundation with the services ready to go? It would be slab on grade with proper footings like your other video. Thanks!
My guess is in the neighbourhood of $40 to 80k
Does 10-20% profit (aka markup on subcontractor costs) sound about the right ballpark for GC's to do conversion projects around here in southern Ontario?
Yes that sounds like a good ballpark
It’s beautiful house, how much did it cost
They've owned it for a while so don't have the details
Can we build garden suite first by putting TGS zone ?
Sorry don't know what TGS means
Especially, the tech on making data information of reading your own water meter reader; makes sooo much more homeowner efficient!!
Andy, THAT IS VERY GRRREAT INFORMATION!!! Thanks!
If you have drawings to build 4 units in main house and garden suite at back, do you automatically have the first 4 DC waived and pay (or defer) just that of the garden suite?
Sorry there's some ambiguity with this. Please confirm with the city.
@@suiteadditions Toronto
I truly appreciate this video and I’m interested in moving to Toronto. In the move I’m looking to purchasing a property possibly in the M4L 2l1 , M4M 2Z4 or L3RG5 area. I’m so excited and interested in Laneway and or Garden-suite. I’d like to have more information
Make sure to watch all our videos and google Toronto garden suites for more info from the city!
Hi Andy, thanks for your great videos, very detailed, very practical. I have a question about ceiling height, my basement ceiling height is very okay, around 7ft, however the under the beams and ductwork, it is exactly 6'-5'' ( haven't got drywall), so thinking that with drywall, it will be only 6'-4". I am in Cambridge Ontario, I wondering if I have to redo the ductwork, or usually the city tends to be more lenient over this. Thanks and have a great day.
Code is changing and on Jan 1 - lower may be allowed - check with your designer
I was under the impression this rule was to force cities and towns to allow the units. Are you still required to follow all of the township bylaws? Example: I am zoned R1 but I would like a garden suite, small building. I am in NW Ontario.
Yes every city must allow them but each has specific bylaws
Can you use ICF above and below?
Yes you can
This is a great video. Learned a lot. Thanks guys.