01/20/2024
In early January 2024, the government of Saskatchewan started taking applications for the new Secondary Suite Incentive Grant Program. This program offers to cover 35% of the costs for building a new secondary suite in a homeowner's main residence, with a maximum grant of $35,000 for each eligible property.
https://www.longyu.ca/about-3?fbclid=IwAR0PmdlPLWta-zvV54xlmEck4pcsq8ao043AUUYGzPJt1ytCURh1eW9U1FU
When seeking a mortgage from your bank, the presence of a legal secondary suite in a home can enhance your purchasing capacity. This is because the Canada Mortgage and Housing Corporation (CMHC) will incorporate your anticipated gross rental income into your overall annual income. This inclusion bec...