These days so many homeowners are looking for ways to improve their monthly financial situation, and some have the opportunity within their home to have a basement apartment. The problem is whether or not the unit is legal, and how does this affect their insurance coverage?
The City of Oshawa is considering adjust the rules so that more homeowners can "legallize" their basement units, thus covering them with insurance and improving the value of their home to potential buyers who want just such a set up!
Oshawa staff are recommendig an official plan amendment which will dramatically increase the number of homes eligible for accessory apartments, which could include basement apartments and so-called Granny Suites.
Residents can register an accessory apartment if it existed before Nov. 16, 1995 for a $250 fee. Both a property standards and fire inspection are required. As well there are roughly 3,250 homes that are within appropriate zoning for accessory apartments and residents could go through the building permit process to put an accessory unit in their home.
There are requirements that have to be met, such as a minimum of 11 metres of frontage and a minimum of 3 parking spots with 2 being accessible at all times. Tenants cannot park on the street particularly in winter as it impedes snow removal efforts.
These new rules do not include homes in the Durham College and UOIT area. These homes fall under separate guidelines and you should contact the City if you are in this area and want to have an income unit in your home. Townhouses also do not qualify as they are not eligible for any zoning changes and would not have the parking ability.
If you have further questions about this information you can contact your local realtor, or the City to find out more!