You can be a landlord and not have to own multiple dwellings. Convert your basement into an income suite and reap the benefits of additional income.
CMHC and provincial tax law are all for helping landlords get the best tax benefits for their income properties, so it is really the most opportune time to convert your basement into a legal income property. Reach out to us to find out if your property qualifies.
To find out if you can make your basement an income property - click here