...Queen's Park has passed new legislation called the Rental Fairness Act, which prevents landlords from unfairly boosting lodgers' rents. It expands rent controls to all private rental units, including those occupied after Nov. 1, 1991, which has been exempt in the...
News and Research
Collingwood studies expanding second suites
COLLINGWOOD--For some people, it's a great idea; for others, not so much. That was the impression Collingwood council was left with after town planner Mark Bryan introduced proposed changes to the zoning bylaw as it relates to second suites. Read the full article
County looking to create more affordable housing with second suites
Creating more affordable housing is the goal of an ongoing Simcoe County program. The county's Secondary Suite Program assists homeowners with an interest-free forgivable loan of up to $25,000 towards the creation of a secondary unit. Read the full article
Can laneway homes take the pressure off Toronto’s real estate market?
If Toronto is going to solve its affordable housing crisis, we're going to have to get creative. As new condo developments soar all over the city and owners cram basement apartments into their houses, a new movement uniting community members, developers, architects...
Stratford residents consulted on first draft of new comprehensive zoning bylaw
To ensure Stratford's zoning bylaws are in line with the Official Plan amendment adopted by city council in 2015 and implemented last August, the city's hired planning consultants have been working to develop a new Comprehensive Zoning Bylaw, the first draft of which...
Thank you for being a friend…I can buy a house with: Meet a new generation of golden girls
...A basement suite will accommodate a live-in caregiver should one or more of then need one in future. ...Co-housing or shared ownership is one such option, says Shipley. Others include providing second suite rental units in homes that are bigger than empty nesters...
Secondary suites could be important source of affordable housing in Northumberland County
With Northumberland County's current rental vacancy rate sitting at 0.5 per cent, legislation that permits secondary suites could be the key to creating much needed affordable housing options. Reporting a steady interest from residents inquiring about creating...
CMHC to hike mortgage insurance premiums starting March 17
Housing agency says new rules will mean an extra $5 a month for the average insured mortgage holder. The Canada Mortgage and Housing Corporation will charge borrowers a few dollars more every month to insure their mortgages, starting in March. The housing agency made...
County program helping create more affordable housing
With affordable housing in Barrie quickly becoming scarce, the County of Simcoe is stepping in to offer a solution. The county has launched a program called Secondary Suites, which offers money for homeowners to convert basements into rental units. Read the full...
5 Tips for Creating an Income Suite
Looking for another way to generate income? Consider installing an income suite (basement, apartment, upstairs flat) in your home. The rent can help you pay off your mortgage and provide a cushion if you ever lose your job. Scott McGillivray, real-estate entrepreneur...