The home show’s 570-square-foot pre-fab feature garden suite for instance, is selling for just over $200,000.
Well at this price, one has to rent it for $1200+ and someone has to give you a loan for that. I think we have a lot of space for rooming the existing houses before people get to this. Some people rent single rooms for this much in Toronto these days. Heck I don’t know if we’re even out of basements yet.
That price has to come down by at least 50% before most people could consider building one. I have space on my side yard to put a suite with parking and everything, but there is no way I can afford that price tag.
570 sq ft, Jesus. How many families per unit tho
Depends. If you use triple-stacked bunks, you can probably fit 2-3.
This is the best summary I could come up with:
Garden suites were supposed to increase housing density in Toronto, but city data shows people aren’t building them.
The city defines a garden suite as “an additional self-contained living accommodation, usually located in the rear yard, but not on a public lane, separate or detached from the main house.”
“It could be for rental income, it could be for parents aging in place, or it could be for growing children who, at this point in time, with the cost of living, can’t afford to purchase,” she said.
Donaldson says garden suites reflect a general trend in Toronto toward smaller living spaces, and designers are working to make the most out of less, both practically and aesthetically.
Holmes added that interest has been noticeable at the home show Friday, where he was working with Eden Dwellings, a company that only recently started building and selling garden suites.
He believes that speed, combined with the “gentle density” garden suites offer, will soon make them more popular among homeowners, either as a way to bring in rental income, or to house older family members.
The original article contains 605 words, the summary contains 177 words. Saved 71%. I’m a bot and I’m open source!
An overpriced, tiny guest house that may potentially double the use of the most inefficient housing format there is, is at best a tiny drop in the ocean.
Density is realized not by charitably lending out a few square feet in your hoarded greenspace at a premium cost. Density is realized by consolidating greenspace, building massively vertically, and rendering more sprawl back into the land pool for reassignment as housing and shared greenspace if close into urban centers, agri land otherwise. Over and over.
The age of hoarded greenspace is over. We need to tax that for the luxury it is.
