The cost of living in the province of Ontario is going up. This makes it more difficult for the average person to purchase a home. Basement apartments can be financially beneficial as they provide homeowners with an opportunity to earn additional income. Some homeowners use the income from their basement apartment to supplement their mortgage payments. Elderly homeowners often use the income from their basement apartment to supplement their retirement income. In addition, basement apartments allow parents a way to provide accommodation to adult children Read more “Basement Apartments Provide Additional Income”