Blue Orchard Property Group
Garden Suites Guide
Garden Suites are being built throughout the GTA.
Download your guide to Garden Suites to see if this is a good option for your investment property.
A Garden Suite has very specific requirements and a large lot does not necessary allow an additional dwellings.
This guide covers:
- Basic lot requirements
- General expected costs
- Parking issues
- Limitations and bylaws
- Rental income potential
What is a Garden Suite?
The Bill 108, “More Homes, More Choice Act” received royal assent 2019
Act covers many amendments but we focus on Schedule 12, Planning Act, that has many implications for both municipalities and real estate developers
Goal of Act: increase the supply of housing will help every person in Ontario by making housing more affordable, while renters will see lower costs and a mix of housing types to choose from.
Specifically states “by authorizing two residential units in a house and by authorizing a residential unit in a building or structure ancillary to a house.”
Basically mandating municipalities in Ontario to allow Garden Suites.
What key differences does it make to us as residents, specifically in regards to garden suites
If your property is zoned appropriately and you adhere to city bylaws, you may add a garden suite to your detached home, semi detached home or townhome for family or as a rental unit for additional income even if you already have a rental in the primary home.