Today, we focus on how to maximize the return on your new laneway suite investment. Whether you’re in the planning phase or about to turn the key, let’s talk about lording of this wee patch of land.
Leasing Your Laneway Suite: Advice from the Frontlines
All About Laneway & Garden Suite Property Reports
“What is a free property report and why would I want one?”
Lanescape Architecture and Construction has been in business for over 5 years and has always offered complementary property reports. These reports help assess your property of interest to determine what size laneway or garden suite can be constructed. Our team completes these reports from their desks without ever having to visit site by cross referencing municipal property data maps, surveys and any images of the property available. This is our way of providing you with the baseline information you need to know in order to begin considering plans for an accessory dwelling unit.
Financing a Laneway or Garden Suite: Considerations and Solutions
Laneway housing is something fairly new to the City of Toronto. Therefore, lenders typically take a little longer to adapt and become aggressive on their programs for it. Currently, lenders can refinance homes up to 80% loan to value at best pricing. However, this changes when looking at laneway housing.
Interview with Lanescape Construction’s Joe Camilleri
In this blog post we welcome our new team member Joe Camilleri, Lanescape’s Construction Director. Joe oversees all aspects of the construction process from initial design to project completion. In this Q&A style blog post, learn more about Lanescape Construction, Joe’s history in the architecture industry, and why he has made the transition to laneway and garden suite construction management.
HST Rebates on your Laneway Home
Building a laneway home is a significant commitment that requires time and resources. You need to ensure you hire the appropriate architect, builder, and tradespeople to make your laneway home dream a reality.
Regardless of why you are building a laneway home, whether it be to age in place, keep an elderly parent nearby, enable a child to enter the real estate market, or generate rental income, you must be aware of the tax implications and the significant rebates available to you. Taking advantage of these rebates could result in thousands of dollars in your pocket.