06/16/2026
Thinking about house hacking? Here’s what you need to know before you dive in.
Zoning and local regulations are non-negotiable. Secondary suite legality, short-term rental rules, and multi-family zoning vary dramatically by municipality — and the rules are changing quickly as cities work to meet provincial housing targets. What’s permitted three blocks away may not be permitted on your property. Unpermitted suites create liability headaches that outlast the savings. Do things by the book from the start.
Be honest about lifestyle fit. Sharing a property with tenants — whether strangers or family — requires a certain temperament and a willingness to handle uncomfortable conversations. Clear boundaries and realistic expectations matter.
And always run conservative numbers. If the math works with vacancy and maintenance built in, you’re solid. If it only works at 100% occupancy, it’s a risk.
Read the full blog article here: https://bit.ly/McCreadyBlog
