The True Value Of Basement Income

by | Mar 31, 2016 | latest news

With affordability being as tough as it is in today’s market, basement income means more than ever before.
$600 per month?  Think about how much mortgage that carries…

I wrote an article for The Grid last year where I said I wasn’t a huge fan of basement rental units.

I explained my position as best as I could, but it was still misconstrued by some.

What I mean, to put it as simply as possible, was that I didn’t like idea of CONVERTING a basement into an income suite; I wasn’t saying that I didn’t like basement rental units altogether!

Read more at the Toronto Realty Blog



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