Secondary Suites and Real Property Reports in Alberta

Podcast Episode 106:

“A Real Property Report
with Municipal Compliance Doesn’t Prove a Suite is Legal.”

Are you looking to buy a property with a secondary suite? Ideally, you want to buy properties with legal secondary suites. But guess what? A Real Property Report doesn’t prove a suite’s legality in Alberta.

Download the audio file HERE.
Download the handout HERE.
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Legal vs. Illegal Rental Suites in Edmonton

house with cash register

“Basement Suites and the Abominable Snowman.”

Why are basement suites like the Abominable Snowman? Because they don’t exist, at least not in the City of Edmonton, Alberta.

My client Jane was excited when she saw the advertisement, “beautiful, 3-bdrm bungalow with spacious 2-bdrm basement suite.” As part of due diligence, Jane went down to City Hall in Edmonton, and visited the Planning and Building department.

“Tell me about basement suites,” said Jane to the friendly development officer. Continue reading

Legal Suites and Airport Vicinity Protection Areas in Alberta

Podcast Episode 101:

“Deep Diligence Saves
Half A Million Dollars!”

I heard from a Calgary investor recently about dodging an expensive bullet.

Houses with legal suites or houses zoned for legal suites are all the rage in Alberta. What’s not to like about adding a secondary suite to a single-family home effectively turning it into a duplex with amazing positive cash flow? Everyone likes that. Tougher to do in Calgary, though. I hate to say it, our Calgary cousins are not nearly as advanced as we Edmontonians on the secondary suite issue. The City of Edmonton has amended bylaws to allow secondary suites all over the city and in most zoning situations.

City of Calgary, not so much. In Calgary, secondary suites are only allowed in certain areas. Calgary City Council is divided on whether to expand the areas where they allow secondary suites.

Download the audio file HERE.
Download the handout HERE.
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