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Archive for the ‘Rental Properties and Secondary Suites in Red Deer’ Category

Laws For Landlords & Tenants in Alberta!

Tuesday, May 19th, 2015

Laws For Landlords & Tenants in Alberta!

For those of you that are landlords, tenants or thinking about buying a rental property, I’ve found a website that has all the laws regarding renting! It has everything from Legislation, Leases and Security Deposits to Roommates/Subletting, Repairs and Disputes and more! Click on the picture to visit the website!

Photo- canadianrealestatemagazine.ca

Photo- canadianrealestatemagazine.ca

Contact me if you are interesting in purchasing a rental property!

Rental Properties & Secondary Suites in Red Deer

Tuesday, December 23rd, 2014

Rental Properties & Secondary Suites in Red Deer

Rental properties are HOT!  Whether it be townhouse, duplex, single family, apartment or suited house (with secondary suite).  All of these different types of properties can be a great investment! Not only is it wise to make sure the numbers work (ROI: return on investment), but you need to make sure, if it is a house that has a secondary suite, that it is legal with The City of Red Deer, to avoid any unsavoury fines from the City of Red Deer,(which can range from $500 for a first offence to $5000 for a third offence, per owner).

Some requirements for a secondary suite to be legal are a separate entrance, interconnected smoke alarms, additional parking depending on how many bedrooms the suite has and only one secondary suite per home.  You will also need the following permits: building, electrical, plumbing and gas, heating/ventilation/air conditioning HVAC and occupancy.  Here’s a link to The City of Red Deer Secondary Suite Process and Permits.

You may have a “legal, non-conforming” suite.  This means that the suite was already in existence before the bylaws were introduced and has always been used as a suite.  It would conform to today’s standards.  It can’t be vacant for more than six months.  It must have off street parking and it may have to be upgraded for fire code reasons.

For an idea on an approximate amount for what you can collect for your rental property in Red Deer, click here

For more information and to confirm the above information, call Inspections & Licensing at 403-342-8190 or email development@reddeer.ca

Photo Credit: uuudesign.com

Photo Credit: uuudesign.com

Contact me for more information on investment properties!

Do You Have or Are You Wanting to Have A Secondary Suite in Your House in The City of Red Deer?

Tuesday, November 18th, 2014

Do You Have or Are You Wanting to Have A Secondary Suite in Your House in The City of Red Deer?

There is more to it than just giving your basement it’s own private entrance.  You will need a permit for the secondary suite as well as permits for building, electrical, plumbing and gas, HVAC and occupancy.  Here is a great link on the City of Red Deer website that explains the entire process for you, what is needed to make the suite legal and links for the permits you will need.

secondary-suite_1 global news.ca

Photo Credit: globalnews.ca

For information on buying a house that already has a secondary suite, contact me and I can help you out.

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Central Alberta REALTORS® Association. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.