This garage actually does look like it would be used for cars

I didn't know you can build garages with a usable rooftop - is this legal? Surprised this isn't more commonplace if it is.

Panamera, macan, Range Rover with a "princess on board" sticker and some magazines, and old kitchen stuff. Rich people don't have tools though.

That garage is giving me ideas.

That's a garage I will never afford

roof top deck on a garage sweet ... wonder if there's a view at all to enjoy on top of it...

Yeah, you can see other Vancouver specials that used to be purchased by waitresses and dishwashers. Lousy 4000sqft lots all crammed together

Should have put a lane way house on top instead of the deck.

Why? So one will have to part on the street?

Rental income.

Different people have different priorities. Personally, I value my 2 car garage over a laneway house.

He's saying put the laneway over the garage instead of the patio. I assume it isn't legal, but if it was, I'd way rather have a 750sq foot 2 bed 2 bath over my 3 car garage over living in a 2500 sq ft house with no parking lol.

That's a pet peeve of mine, seeing the protective vinyl left on so long it's melted/bonded to the garage panel.

put a lane way on top of the garage, and then put a roof top deck on top of the laneway

https://imgflip.com/s/meme/Yo-Dawg-Heard-You.jpg

these are the same guys who still have the plastic film on their refrigerators.

the previous owner still kept all the plastic wrap in our fridges and its driving me nuts. Removing it now is a total pain in the ass as the plastic became quite brittle and little pieces break off instead of coming off in an entire strips.

So Eby has release this Secondary Suite Incentive Program:

https://www.bchousing.org/housing-as...econdary-suite

my Coles Notes summary:

- up to $40k of forgivable loans issued as rebates to the home owner
- new unit must be located on the same property where the homeowner lives, so basically just basements and laneway homes then?
- must be rented out at below market rates for at least 5 years

For CoV, that means $1500 rent for bachelor / 1-bedroom, $1894 for 2 bedroom, and $2200 for 3 bedroom.

- a bunch of renovation costs are eligible for the reimbursement, as is 50% of the cost on appliances used to furnish the unit

Is it just me, or is the program not very enticing at all unless the home owner is already planning to rent a portion of their property out to a relative or something?

$40k isn't really that much money to begin with, and the below-market rent + 5 year minimum rental duration just makes it not very appealing. My back-of-the-envelope estimates are telling me that even if you were to get a full $40k reimbursement, the typical home owner would be earning a larger rental income over that 5-year period if he were to pay for the renovations himself, and charge the market rate for rent instead.

Feels like it’s for people who don’t have the capital to build the suite.

40k doesn’t build you a suite in an unfinished space though. I did almost everything in my suite besides some of the framing, flooring, and drywall and it cost me about 27k when the space already had a fully completed bathroom

Seems horrible for the homeowner as you said.

Why would anyone do this and have all this requirements slapped on their own place for min of 5 years!? for a lousy 40k? and thats if those 40k are spent on reno's and furnishings and not setting up Hobz's opium den in order to get it "forgiven"

==================================

What costs are eligible for the rebate?
Costs to be covered by the rebate must be directly related to the creation of the secondary suite and include:

Architectural and design fees
Structural modification
Electrical work
Fixtures
Appliances (50% of actual cost to a maximum of $2,500)
Building and trade permit fees
Costs to obtain certificates, drawings and specifications directly related to eligible scope of work
Materials related to the approved construction
Contractor labour (not including work done by Applicant or any member of the Household)
PST and GST


The following costs will not be eligible:

Extensions, conversions, repair or replacement of items for the homeowners
Labour costs for work completed by the homeowner
Landscaping costs

Yea doesn't sound like it's worth the hassle for $40g and you gotta do below market for 5 years:fuckthatshit: your house price will increase by $40 by next summer :accepted:

At least the govt is doing something to assist with increasing available rentals. Better than nothing

You want more rental units? Hold my beer, get rid of taxes on rental income, get rid of rental increase caps, and throw in ability to evict immediately if rent has been missed for more than 2 months. No ifs and buts, try missing your mortgage, car loan or visa payment for 2 months and see what happens. :accepted:

How about we sell Quebec ?!? With the money we gain, we can funnel that back into social programs and a better living standard for all the real “Canadians”.

I wonder if France would buy it. Or maybe chinar?!

The program isn't hoping you can build a suite for 40k. They want you to spent at least 80k to try and get 40k from them.


No one on RS will be eligible anyways. People need to earn less than 209k gross income.