Laneway Homes
In 2014 a crowd- sourced draft zoning policy was initiated. By 2018, the Toronto zoning by-law was officially amended to allow simplified low-cost approval for laneway homes. A thriving market has steadily grown since, each year, more and more home owners are realizing the benefits of these investments.
Laneway homes are innovative housing solutions for those with properties connecting to laneways. Have you ever thought of building one? These small homes provide potential rental income and create additional live/work space. Laneway homes are completely customizable, the design is catered for the property owners indivudual needs.
The ammendements modified the original bylaw gives flexabilty to the usage of the laneway home. As preparation facilities and sanitary facilities are permitted, an additional living accommodation can be created. For the purpose of short term rental or inhabiting, the popularity of the laneway suite has gain much momentum.