Buying A Home With A Rental Suite?
Secondary rental suites are recognized as a source of affordable housing offered at a cost that is often lower than those for apartments in purpose built rental buildings.
As of Sept 28th 2015, CMHC will now consider up to 100% of gross rental income from a 2-unit owner-occupied property as opposed to only 50% currently.
Read more on the planned CMHC changes here and conditions that apply: National Post Article
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