Posted in: Buyers
Secondary suites, either for rental or famly, have specific requirements in Calgary and the City of Calgary website is a great place to start.
A resource on the City website is the Guide to Developing Secondary Suites. This document outlines the process and requirements. For example, people sometimes see an R2 zoning designation and think a property can have a rentable basement suite. The property must also be reviewed for zoning, setbacks, parking, parcel width/depth/area, building code and many other considerations so careful review is necessary.
The Secondary Suites Grant Program is currently scheduled to end in May 2012. It offers a grant of up to $25,000 to cover 70 per cent of the costs of developing or upgrading a legal secondary suite. Participants must commit to having the suite available to rent for at least five years at no more than average market rent for secondary suites.