Your build

Set your suite type, size, and target rent. We'll handle the math.

Legal basement apartment — fastest permit timeline (4–6 months), lowest entry cost.

400 1,500 sqft

Premium = Bull Homes default — solid hardwood, quartz, mid-tier appliances, energy-efficient mechanicals.

$1,500 GTA avg: $2,200 $4,500

Reduces effective build cost. Available to most owner-occupied properties.

Defers $15K–$30K in Toronto Development Charges over 20 years.

Your numbers

Live update as you adjust inputs.

Annual cash flow (year 1)
$26,400
After typical operating expenses (~10%)
Build cost
$270,000
All-in, premium finish
Effective cost (after loan)
$190,000
Out-of-pocket capital
Gross yield
9.8%
Annual rent ÷ build cost
Payback period
7.2 yrs
Effective cost ÷ annual cash flow

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How these numbers are calculated

Build cost = suite size × per-sqft cost × finish multiplier. Per-sqft costs reflect 2026 GTA market: basements $200–$350, laneway $450–$600, garden $425–$575 (all-in including permits, engineering, and finishes).

Effective cost = build cost minus $80K federal loan (if applied). The loan is interest-free for owner-occupiers; DC deferral saves another $15–30K over 20 years.

Annual cash flow = (monthly rent × 12) minus 10% for vacancy, maintenance, insurance, and management. Doesn't include mortgage interest on borrowed capital — for full ROI modeling, ask us for a detailed pro forma.

Gross yield = annual rent ÷ total build cost. Use this to compare against other investments. Payback = effective cost ÷ annual cash flow — how long until you've earned back your out-of-pocket.

Disclaimer: Calculator is for screening purposes only. Final numbers depend on lot specifics, design choices, financing terms, and market conditions. Not investment, tax, or legal advice — consult a qualified advisor for those.