What To Know About Laneway Homes
What Are Laneway Homes?
A Laneway home is a secondary detached dwelling unit along with a single house on the lot. It is Essential a small house. Typically these homes range from 550 sqft to 900 sqft. Most laneway homes consist of two to three-bedroom, kitchen, bathroom, living room and a utility room.
What Are the Benefits?
Laneways have helpeded increase the rental supply in the city of Vancouver. Along with that these laneway homes increase the value of your home and are a great return on investment. Over time your investment will bring in positive cash flow.
What Are The Zoning By Law Regulations?
Getting a laneway house approved can be complicated. Their certain requirements the cities require on each particular lot. At CityLink Development, we take care of handling the site eligibility, full site analysis and review of the application.
Build A Laneway Home
Benefits
- Increase the value of your property
- Rental income covers the loan payments
- Can finance using existing home
- Positive Cashflow