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Secondary suite regulation helps investors

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Canadian Realestate Magazine | 19 Oct 2015, 08:15 AM Agree 0
One city is cutting away the red tape around secondary suites, demonstrating that it’s the perfect time for investors to fix up their properties to attract the ideal tenant in a difficult rental market
  • John Stobbe Century 21 Shackleton Edmonton | 19 Oct 2015, 05:21 PM Agree 0
    The City of Edmonton has been doing this for year's with great programs and results under their Safe Housing Program. Glad to see that other Cities are finally coming to the table.
  • Lyn | 25 Oct 2015, 02:39 PM Agree 0
    When Edmonton changed its bylaws to allow for more secondary suites it was specifically to create more affordable housing; unfortunately all it did was encourage unethical property owners to start 'renovicting' existing long-term tenants from their larger single-family homes, and charge upwards of double for their houses which now contain two units instead of one. In other words, sure it was "great" for property owners, but it's been a total failure for renters, especially those with low-incomes or families requiring more than 2 bedrooms.
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