Laneway Homes

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 essentially a small house. Typically these homes range from 550 sqft to 900 sqft, with two to three bedrooms, kitchen, bathroom, living room and a utility room.

What Are the Benefits?

Laneways have helped increase the rental supply in Vancouver. They increase the value of your home and can offer a strong return on investment and positive cash flow.

What Are The Zoning By-law Regulations?

Getting a laneway house approved can be complicated. CityLink Development handles site eligibility, full site analysis and review of the application.

Build A Laneway Home

Benefits

Approximate Cost to Build $200,000.00Downpayment $20,000.00Total Loan $180,000.00Total Interest for 10 year term $23,398.78Monthly Payment $1,695.00Expected Rental $1,800.00Cashflow per month $105.00
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