2nd Suite Construction & City Registration
At ROI Property Management we have the experience to support our clients through the whole life-cycle of planning and building your second suite, income generating apartment.
2nd suites are a fantastic and proven way to augment your existing home’ space to both generate a supplementary income while tangibly increasing the value of your investment. The key is to ensure your second suite is built properly while conforming to city guidelines for registration. Once constructed, it’s all about finding the right tenant to share the home with either you or another tenant for comfortable and hassle-free living. When designed and constructed properly a second suite’ rental income can augment easily half to as much as 3/4 of your monthly mortgage payment while simultaneously increasing the value of your home in the range of 5% to 10%.
Whether you are looking to build an income generating 2nd suite for the home you live in, or if you are a landlord looking to retrofit an existing unit for compliance with the municipalities’ guidelines, ROI Property Management can support beginning to end with the entire process. From the face-to-face consultation and needs’ assessment process, to planning and designing the suite, to obtaining and coordinating engineered drawings and city permits, to constructing and retrofitting the 2nd suite - all the way to finding the best suited tenants and getting the lease signed - ROI Property Management can professionally support and manage the entire process.
Clink on the link to tell us a little about your goals and to set up a second suite consultation.
As a tenant of a property under ROI I have nothing but absolute praise regarding the service provided by Mel and Todd. The standard of diligence, professionalism, compassion and quality is only of the highest level. ROI is simply the best in the business. As a person, having the opportunity to de...