Abbotsford & Mission Real Estate Insider

New Rule for Abbotsford Secondary Suites

Using Sedgehammer To Break The Wall With Rule WordAs I write this blog for Homelife Glenayre Realty in Abbotsford | Mission the civic election unofficial results are coming in across BC for the municipal elections. Here in Abbotsford & Mission we appear to have new mayors, new councilors and new weather. (It’s freezing!)

I mean, it’s not Prairies cold OR Ontario Cold, but it is definitely BC Cold! The saving grace is that we are only this cold (2 degrees overnight) when we get a run of sunny days and cloudless nights this early in Fall. So as we bask in the sun with our winter coats on I thought I would bring you up-to-date on some new rule changes regarding Real Estate in Abbotsford.

The City of Abbotsford appears to have changed their rules for secondary suites. IE) Basement Suites. Each and every municipality is in charge of their own approach to rules for basement suites so it varies from town to town and changes in one town, such as in the city Abbotsford, will not necessarily affect or change another city such as the city of Mission. If you want more information specific to your homes secondary unit, your zoning regarding basement suites or your neighborhoods vote regarding legal or illegal suites call your Homelife Realtor today.

  • Previously the owner of a home in Abbotsford had to live in one part of the home
  • Now you can rent out both units without living in the home
  • This may make buying a rental home more appealing in Abbotsford

So the city of Abbotsford appears to have changed their rules. Previously the owner of the home had to live in one part of the home to be allowed to rent out a secondary area of their home. (You were not allowed by law to rent out both suites of your home) Now you can rent out both units without living in the home! This is exciting and good for the potential  home values locally. This may make buying a rental home more appealing in Abbotsford therefore driving more buyers to the Abbotsford market.

I will have some financing information for my next issue. It appears the other rules remain the same. If you are consider a suite, please confirm the rules at city hall or call me for more information.

A series of Quotes with the word “New” – The theme word!

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