Why Consider Adding a Second Suite to Your Property?
In Revelstoke, with its growing demand for housing, homeowners can tap into additional income opportunities by creating a suite on their property. Whether it’s for seasonal rentals, long-term tenants, or for a family member, adding a Secondary Suite, Carriage Suite, or Garden Suite can be a smart investment. These suites not only increase the functionality of your property but can also provide a consistent cash flow, helping you offset living expenses or even fund further renovations.
Key Building Rules:
Zoning and Permits: Residential zones in Revelstoke typically permit this, but abiding with local setbacks and bylaws is essential.
Building Codes: Suites must meet certain safety standards, including fire-rated materials for walls and doors, proper ventilation, and egress windows for emergency exits.
Parking: Parking requirements for tenants must be addressed, typically with one additional parking space per suite.
Additional Income Potential
A basement suite provides a reliable source of rental income. This can be especially valuable in Revelstoke, where rental demand can fluctuate with seasonal tourism and local employment. Renters may include seasonal workers, tourists, or long-term tenants. By adding a basement suite to your home, you unlock the potential to offset mortgage costs or generate passive income.
Key Building Rules:
Height and Setbacks: Carriage Suites must comply with local height and setback restrictions. Revelstoke’s residential zoning laws typically allow a height of up to 6.5 meters for accessory structures.
Structure Size: The size of a carriage suite is typically limited to 400-500 square feet, depending on the specific regulations.
Utilities: A Carriage Suite needs its own utilities, including water, sewer, and electricity, and proper access for both residents and emergency responders.
Additional Income Potential
Carriage Suites can be an attractive option for renting out to tenants. These suites provide privacy and independence, which appeals to renters looking for a home separate from the main dwelling. Additionally, homeowners benefit from increased property value and rental income, making it a smart long-term investment.
Key Building Rules:
Size and Placement: Garden Suites are typically limited to a maximum size of 600 square feet, but the specific regulations may vary. Proper placement is essential to maintain adequate yard space and privacy for both the main house and the garden suite.
Zoning: Revelstoke has areas where Garden Suites are allowed, but it’s important to verify that your property is in the right zone and that all bylaws are followed.
Utility Hookups: Like Carriage Suites, Garden Suites must have access to necessary utilities like water, sewer, and electricity.
Additional Income Potential
Garden Suites are an excellent opportunity for homeowners looking to create an independent rental unit without the need for a major renovation. These units are ideal for seasonal rentals, Airbnb listings, or long-term tenants. They provide a private living space with all the benefits of being part of the property, giving you the opportunity to generate additional income while keeping your primary home intact.
At Mitch Gordon Construction, we specialize in creating custom decks and patios that transform your outdoor space into a beautiful, functional extension of your home. Whether you're looking to entertain guests, relax with family, or create a personal sanctuary, we deliver quality craftsmanship and personalized service from start to finish. Let us help you design and build the perfect outdoor living area that fits your style, needs, and the Revelstoke lifestyle.
Contact Us Today
Ready to enhance your home with a beautiful and functional addition? Contact Mitch Gordon Construction today to schedule your consultation. Let’s work together to create the perfect space for your family in Revelstoke.