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.

"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."

Full Story: Council OKs ‘mortgage helpers’ in the sky

Comments

Comments

Floorplan

One of the buildings with these is called the Novo. Anyone curious to see a floorplan - there is one here at a listing: http://www.sfu-condos.com/listing/image/2571568621.jpg

Dare to be inspired by good ideas and innovation no matter where they begin - Recognise them, spread them - Be a part of the globalisation of good ideas.

Prepare for the AICP Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $199
Planetizen Courses image ad

Planetizen Courses

Advance your career with subscription-based online courses tailored to the urban planning professional.
Starting at $14.95 a month
City Plate table setting

New Arrival! City Plates

City downtown cores printed on gorgeous decorative collectible porcelain plates.
$50.00
poster

A Short History of America

From comic book artist Robert Crumb, poster shows how the built environment has changed throughout the decades.
$14.95