With homeownership costs still high, we’re seeing more Niagara homeowners ask:
“Should I rent out my basement, in-law suite, or even a bedroom?”
And with new zoning rules in places like St. Catharines, it’s becoming more viable than ever.
Why this is happening:
Mortgage renewals are tightening budgets
Demand for rentals is high across Niagara, especially in St. Catharines, Welland, and Port Colborne
Legal accessory units are becoming easier to approve in some cities
What to consider first:
- Is the space up to code?
- Do you have a separate entrance, second kitchen, or bathroom?
- Do you understand the rules around fire separation, parking, and landlord-tenant law in Ontario?
Pro Tip:
If you’re thinking of converting part of your home into a legal rental unit, we can connect you with local experts who can assess your layout and tell you what’s possible (and what’s not worth the cost).
This option isn’t for everyone, but for the right home and homeowner, it can reduce your monthly costs and increase your property value.
Making smart moves starts with smart advice.
Reach us here: https://fishmangroup.ca/contact
Here: https://www.instagram.com/fishmangroup.re/
or call/text 905-808-0839