Great news for homeowners and real estate investors in Calgary! The City of Calgary has recently announced an extension of the Secondary Suites Amnesty Program until December 31, 2026. This is an exciting development for those considering adding a secondary suite to their property. Here's what you need to know:

What Does This Mean for You?

The extension of this program means that the costs associated with the development permit and registration of a secondary suite are waived for another three years. This presents a significant saving – approximately $680 – for homeowners. Since its inception in 2018, the program has seen over 11,000 registered suites, a testament to its success and popularity.

Why Consider a Secondary Suite?

Secondary suites, often located in basements, are an excellent way to generate additional income, increase the value of your property, and provide affordable housing options in the community. These self-contained living spaces must include bedrooms with proper egress windows, separate bathrooms, cooking facilities, and private entrances, ensuring comfort and privacy for both the homeowner and the occupant.

Safety and Compliance

The city emphasizes the importance of safety and legality. Owners of suites built before March 2018 need to ensure that their units meet the minimum life safety requirements, which include adequate exit routes, smoke and carbon monoxide alarms, and appropriate drywall barriers. Compliance is not just about following rules; it's about ensuring the safety and well-being of occupants.

The Bigger Picture

This extension aligns perfectly with Calgary's broader housing strategy, aiming to create more safe and affordable housing choices. As a real estate professional, I see this as a positive step towards accommodating our growing city's housing needs, particularly for families and young professionals.

Are You Considering a Secondary Suite?

As a seasoned real estate agent in Calgary, I can guide you through the process of adding a secondary suite to your property. Whether it's understanding zoning regulations, navigating the permit process, or finding the right contractors, I'm here to help. This program's extension is a golden opportunity for property owners looking to maximize their real estate investment.

Let's Chat!

Interested in exploring the possibilities of a secondary suite for your home? Feel free to reach out to me, Michael Newton, at (403) 512-9825 or email at michael@michaelnewton.ca. Let's make the most of this fantastic opportunity provided by the City of Calgary!