Mortgage Helper Suites
Let a tenant help pay your mortgage. A mortgage helper suite is a smart financial strategy that makes Ottawa homeownership more affordable.
Get Free EstimateBenefits of Mortgage Helper
Reduce Monthly Costs
Cut your effective mortgage payment by $1,500-2,000/month.
Qualify for More
Potential rental income helps you qualify for a larger mortgage.
Build Equity Faster
Apply rental income to principal and pay off your mortgage years early.
Financial Security
Extra income provides buffer against job loss or unexpected expenses.
Key Features for Mortgage Helper
Design Approaches
Efficient One-Bedroom
Compact, well-designed space that maximizes value per square foot.
Studio Layout
Open concept bachelor suite ideal for students or young professionals.
Smart Investment
Strategic feature selection for best rent-to-cost ratio.
Build Your Rental Suite
Consultation
Assess rental potential and review legal requirements.
Design & Permits
Create income-optimized designs and obtain all permits.
Construction
Build with durable, tenant-ready finishes.
Start Earning
Pass inspections and begin collecting rent.
Frequently Asked Questions
How much can a mortgage helper reduce my payments?+
With average Ottawa rents of $1,800/month, a mortgage helper can offset 40-60% of a typical mortgage payment. On a $500,000 mortgage at 5%, monthly payments are about $2,900. A $1,800 rental reduces your net payment to $1,100.
Should I build the suite before or after buying?+
Both strategies work. Building after purchase lets you customize the space. Buying a home with an existing suite provides immediate income. Some buyers purchase homes specifically for their suite potential and renovate immediately.
What's the minimum size for a mortgage helper suite?+
Ontario Building Code requires minimum 145 sq ft for bachelor units or a minimum bedroom size plus living space. Most mortgage helper suites are 400-600 sq ft for optimal rent-to-cost ratio. We design to maximize value within your space.
Can first-time buyers build mortgage helpers?+
Yes! Many first-time buyers use the suite strategy to afford their first home. Some programs like CMHC allow rental income consideration for mortgage qualification. The suite can make the difference between affording a home or not.
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