Granny Units - In Apartments?

The City Council of Vancouver recently gave developers the ability to create smaller units attached to condos for buyers to use as rental property.
July 23, 2009, 1pm PDT | Tim Halbur
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"Vancouver architect Michael Geller, who pioneered the idea in the UniverCity development at Simon Fraser University, said people should think of them as 'basement suites' or 'mortgage helpers' in the sky.

Just as basement suites allow people to purchase a larger house, Geller explained, secondary condo suites could enable homebuyers to purchase a three-bedroom over a two-bedroom condo."

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Published on Thursday, July 23, 2009 in Metro Vancouver
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