If you’re thinking of converting your basement into a rental unit, there is a lot to consider. As much as you want to focus on matching kitchen cabinets to hardwood floors and playing with paint colors, it isn’t that easy. If changing your basement into an income-generating unit is a top priority, you’re going to dive into the rules and regulations. With the HRM in particular, you’ll need to be fastidious when considering this project.
Over the past 18 months, the city has started to explore ways to crack down on illegal apartments through landlord licensing. Now more than ever, it is important to understand the rules and regulations when converting spare space in your home.
Let’s dive in.