Basement Rental Income Suites
Turn your basement into a steady income stream. A legal rental suite can generate $1,500-2,500+ monthly while significantly increasing your property value.
Get Free EstimateBenefits of Rental Income
Monthly Income
Earn $1,500-2,500+ per month in Ottawa's strong rental market.
Mortgage Helper
Rental income can cover 40-60% of your monthly mortgage payment.
Property Appreciation
Legal suites add $50,000-100,000+ to property value in Ottawa.
Tax Benefits
Deduct portion of mortgage interest, property tax, and maintenance.
Key Features for Rental Income
Design Approaches
Professional Rental
High-quality finishes that attract reliable, long-term tenants.
Budget-Optimized
Durable, practical finishes that maximize ROI with lower upfront costs.
Premium Suite
High-end finishes commanding top-of-market rent rates.
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 rent can I charge for a basement apartment in Ottawa?+
One-bedroom basement apartments in Ottawa rent for $1,500-2,000/month. Two-bedroom units fetch $1,800-2,500+. Factors affecting rent include location, finishes, parking, laundry, and outdoor space. We can advise on features that maximize rental value.
What's the ROI on a basement rental suite?+
At $1,800/month rent ($21,600/year), a $70,000 investment pays back in about 3.5 years. After that, it's ongoing income. Plus, the suite adds $50,000-100,000 to your property value immediately. Most homeowners see 15-25% annual ROI.
What makes a rental unit 'legal' in Ottawa?+
Legal units must have: proper fire separation (5/8" Type X drywall), egress windows in bedrooms, separate entrance, interconnected smoke/CO alarms, proper ceiling height (6'5"+), and building permits with final inspection. We ensure full compliance.
Can I still get financing with a rental suite?+
Yes, lenders often view legal rental suites favorably. Potential rental income can help you qualify for a larger mortgage. Some lenders allow 50-80% of projected rental income in qualification calculations.
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