Lanewaysuites

As housing demand rises and space for new development shrinks, laneway housing has emerged as a practical way to add gentle density in existing urban neighborhoods. Built on lots that back onto laneways, these compact secondary suites typically cost between $350,000 and $550,000 and can generate rental income—whether at market or affordable rates. But while […]

A Laneway Suite is a new, self-contained residential unit located on the same lot as a detached house, semi-detached house or townhouse, and generally located in the rear yard next to a laneway. The laneway suite is typically smaller than and fully detached from the main building. It is also sometimes referred to as a