In this video Andy Tran breaks down how to convert your existing illegal basement into a Legal Second Suite to maximize your cashflow! (Duplex Conversion)
The reality is that many homes, including ones that you already own or ones that you're looking to purchase already have existing finished basements that have second suites that may not be legal. (Or it's a finished space with a family room or recreational room)
Often they have been completed very nicely and professionally. It would be unreasonable to say that all of these would have to be ripped apart and started new. In our experience, most municipalities have also taken a very reasonable approach to this, allowing existing finished spaces to be easily convertible to legal second suites, as long as we're able to meet the fire safety requirements, emergency egress and a host of other building code items.
They have allowed us to utilize a portion of the building code that is a little bit less restrictive, which allows us to treat these conversions as renovations rather than new construction.
So know that just because it's an existing space or unit, it doesn't mean that you're exempt from the rules. You still need to comply with the building code,
Although an existing basement may seem like a cheap and easy conversion, there are a few key items you must ensure so that you remain in good standing with the City and your community. More importantly, it ensures that they are safe, well-built, and healthy places to live.
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Check out our short video highlights! 👉 [ Ссылка ]
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Hire Us For Your Project! You can always hire us for a Zoom or in-person consultation for your suite conversion, or hire us to help you with your suite design and permit drawings. (Consultation fees can be credited towards any design and permit package you choose to pursue. So it's a win-win!)
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IMPORTANT* This guide is intended for informational purposes only. DO NOT rely on the information in this guide for any real estate transactions. Since every property is unique, you must perform your own due diligence with the City and with a professional consultant. Suite Additions Inc., and its affiliates are not liable for any loss as a result of information you receive in this guide.
