The Suite Life.

A secondary suite, also known as an accessory dwelling unit, is a separate living space within a single-family home. There are numerous benefits to having a secondary suite in your home. Firstly, renting out the suite can provide a source of income and help pay off the mortgage or provide you with additional income. Secondly, it provides an opportunity for multigenerational living. Aging parents or relatives can live in the suite while maintaining their independence and privacy, while still being close to their loved ones. Thirdly, a secondary suite can be a helpful solution for adult children who need temporary housing or a place to live while they save money. This can be particularly beneficial for homeowners who are struggling with high housing costs. Overall, a secondary suite can offer both financial and social benefits, as well as helping to foster stronger family relationships.

In addition to the personal benefits, having a secondary suite in your home can also be beneficial to your community and neighborhood. One major advantage is that it can increase the availability of affordable housing options in the area. With housing prices on the rise in many cities, a secondary suite can provide a more affordable option for renters or buyers. Many renters will opt for a slightly higher rent amount for the benefits of a new, safe, legal suite in a new neighbourhood. Furthermore, it can help to promote diversity and inclusivity in the community by accommodating people of different ages, backgrounds, and income levels. Additionally, having a secondary suite can also help to reduce urban sprawl by utilizing existing housing stock rather than building new developments on greenfield sites. Overall, incorporating a secondary suite into your home can be a positive contribution to your community and neighborhood by providing more diverse and affordable housing options while preserving the natural environment.