Considering a Secondary Suite
Maximizing Your Home’s Potential: The Magic of Secondary Suites The white picket fence, a lush green lawn, and the dream of owning a home—these are some of the things that make up the quintessential Canadian dream. But in an era of skyrocketing real estate prices and increased living expenses, this dream seems to be moving farther away from reality for many families. But what if there were a way to turn your home into a potential financial asset that could help balance these costs? Welcome to the world of secondary suites—a transformative home addition that's helping countless families redefine their financial strategies and space utilization. Secondary suites, alternatively known as "granny flats," "in-law suites," or "accessory dwelling units," are self-contained residential units located within or on the same property as a single-family home. Not only do these additional living spaces offer a great deal of flexibility in use, but they also present a...