Turn your basement
into monthly income.

We review your location, basement condition and goals, discuss a suitable one- or two-bedroom layout, explain the monthly income and cost illustration, and outline the next steps. Project suitability, service availability and the actual quote are confirmed for your home. The initial assessment is not an approved design or a financing approval.

Eligible one-bedroom suites have agreed program rent of $1,800 per month; eligible two-bedroom suites have $2,000 per month. The ongoing guarantee requires our selected finishes and management through the program. Your written agreement sets payment commencement, duration, eligibility, exclusions and other conditions. You can choose self-management; the ongoing rent guarantee will not apply.

The construction period starts on the agreed written start date for your eligible, approved project. If we miss the agreed completion deadline, we pay the agreed rent under your written guarantee until completion. Your agreement confirms how approvals, access, timing and payments work before you commit.

No. The illustration uses $150,000 financed at 6% over 25 or 30 years, with Canadian semi-annual compounding and monthly payments. The independent lender sets your eligibility, actual rate, fees and repayment terms. Management is 8% of rent plus applicable tax. Other ownership costs, repairs, utilities, insurance and income tax are additional. The renovation scope and price are confirmed after assessment.

MAPZ Property Management coordinates tenant screening and placement, rent collection, communication, maintenance and owner reporting, with no separate leasing fee under the program. Walkthroughs, furnace and appliance checks, and preferred-contractor access extend to your owner-occupied upstairs. Repair labour, parts, replacements and third-party charges are additional under your management agreement.