Turn Your Basement into a Legal Secondary Suite with These Renovation Updates
Posted on October 09, 2024
All home renovations in Oakville are an investment into your property; they modernize your home, tailor it to your needs and increase the resale value of the house. Adding a legal secondary suite is specifically a great way to maximize your home’s property value. It also provides you with additional living space or a rental unit that can provide your family with a steady passive income, making it a particularly smart investment. These units are increasing in popularity as they provide some relief to the housing shortage Ontario faces throughout the province. Rose Building Group has years of experience with basement renovations in Oakville and across the GTA. Think it may be time to transform your basement into a legal secondary suite? Contact Rose Building Group today for expert guidance on each step of the process!
Understanding Local Regulations
Local regulations can have a very big impact on your secondary suite. While these exact rules can change depending on your city (or sometimes even your neighbourhood), they usually come down to zoning requirements and building regulations. These can include anything from the size of the unit to the height of the ceiling, parking requirements, and more. Local regulations might also require you to obtain certain permits for your Oakville home renovation.
By working with a team experienced in your area, like Rose Building Group, you can rest assured that all necessary regulations will be followed.
Designing a Functional Layout
When it comes to designing your secondary suite, you must create an efficient layout that maximizes the space while ensuring privacy for both the main floors and the new suite. Having distinct areas for all the necessary living spaces, like a family room, kitchen, and bedroom, can help your layout to flow more seamlessly, even if it is a studio unit. You may even be able to repurpose current aspects of your basement. You’ll want to make sure the unit can exist independently from the rest of the home while still fitting in seamlessly. Considerations like a separate entrance, in-unit temperature moderation and individual hydro or water meters can help your unit exist autonomously from the main floors. With their years of experience, the experts at Rose Building Group can help you optimize the space in a way that’s functional for both you and your future residents.
Essential Renovation Updates
When you’re renovating your basement into a secondary suite, some updates are essential. You’ll likely want to prioritize plumbing and electrical upgrades. Even if you feel like they’re not out of date yet, it’s better to update them during your current renovations than have to relocate any tenants to update them when it’s necessary. Installing egress windows, which are specific windows designed to only be opened from the inside, can go a long way in making the unit feel safer. Similarly, proper locks, deadbolts and chains can help make the residents of your secondary suite feel more secure. Considering how rough Canadian winters can be, your basement unit must be hospitable year-round. This can mean updating things like insulation, heating and ventilation systems. You may also want to consider soundproofing both the basement and the main floors to avoid any noise complaints.
If your basement has little to no natural lighting available, as many do, you may want to consider adding alternatives like task lighting, accent lights and ceiling fixtures to overcompensate. Of course, all of these changes are necessary in addition to and in accordance with any local bylaws or regulations.
Enhancing Curb Appeal
Though functionality is crucial for the inside of your new secondary suite, it’s also an important factor for the outside of it. Making sure that the outdoor entrance to your unit is inviting and practical can make your unit much more welcoming. Adding aesthetically pleasing but low-maintenance landscaping,
Having adequate lighting at the entrance and in the area leading up to it can also help your residents feel safer coming and going, especially if they are motion-censored or remotely triggered.
Considerations for Renting
First, you need to consider whether you will be renting your unit out for long-term or short-term rentals. While long-term rentals can provide a more secure, steady income, short term rentals can provide a higher net revenue. However, it’s important to consider that some areas have bylaws prohibiting short-term rentals like Airbnb & VRBO. Once you’ve decided on what kind of tenant you’re looking for, it’s important to stage the space properly. Even if you’re looking to rent it out long-term and unfurnished, try to take high quality photos with temporary furniture to show how the space could be used.
Transform Your Basement with Rose Buillding Group
Overall, a secondary suite can help you derive even more value from your basement renovation in Oakville. Get in touch with the Rose Building Group team for expert help on transforming your basement into a legal secondary suite. With their expertise, they can help you navigate the ins and outs of creating your ideal legal secondary suite.