By now, you've likely heard us talking about our garden suites that are available on many laned and rear-attached homes. But you may be wondering, what exactly is a garden suite? Is it a better option than a traditional rental property? Am I even eligible?
This blog will answer all of your burning questions, and then some! Take a read below.
What is a garden suite?
A garden suite is an apartment-style unit situated above a rear-attached or detached garage. This unit contains all the features required to live comfortably, including a full kitchen, full bath, in-suite laundry, and a private entry.
Why should I add a garden suite to my home?
Adding a garden suite to your home has many benefits, with the main one being rental income! Typically, a garden suite can be rented out for more than other legal suites, and this rental money can significantly offset your mortgage payment. By having a garden suite next to your main house, you can easily keep an eye on your rental property.
Should I choose a garden suite over a traditional investment property?
Another benefit of a garden suite over traditional rental properties (condo, townhome, etc.) is that you can get started with only 5% down, instead of the traditional 20%! Plus, you won't have to deal with unnecessary condo fees or noisy neighbours.
How can I get started?
Getting started is easy! Simply visit us at a showhome and let us help you get started on your investment journey today!
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