WHY SMALL HOMES AS GARDEN SUITES, COACH HOUSES OR COTTAGES?

  • Conference Board of Canada “by 2030 about 80% of new housing demand will be consumers in their golden years”

  • Cost of renovating & restoring

  • Cost of seniors residences ($3000+ /mth)

  • Financial burden on families

  • 100% growth in senior population in Ontario with 150% growth in Eastern Ontario and GTA suburbs

Seniors Housing

  • Affordable way of getting into Property

  • May be eligible for Ontario Renovates  loan program

  • Potential HST Rebate on purchase

  • Charging minimal market rents results in:

    • Tax deduction for mortgage, property tax, maintenance etc.

    • Positive Cash-flow in Year 1

Investment Property

  • Consider 20-35 yr olds

  • Most cannot afford to buy their first home

  • Cost of housing 

  • Savings for downpayments

  • Parental help unavailable?

  • Some Counties in the Province – Ontario Renovates $25,000 forgivable loan

Affordable Housing
Accessible Housing

  • Accessibility for Ontarians with Disabilities Act (AODA) 2007

  • Goal to make Ontario Accessible by 2025

  • According to the Ontario Government 1 in 7 are currently disabled by 2020 this will increase to 1 in 5

  • Our units are designed with accessibility in mind
     

Accessible Housing
Recreational Property

  • Modern designs

  • Quick build with very little on-site waste

  • Use as a Bunkie when you build your custom cottage

  • Repurpose it as a Guest-home afterwards