THE INCOME PROPERTY · LEGAL SECOND UNITS

Legal basement apartments, built for income

The only renovation that sends you a cheque every month. We design, permit and build legal basement apartments across the GTA — fire separation, egress, separate entrance and registration handled end to end, with a locked itemized quote before you sign.

$1,700–$2,400
TYPICAL MONTHLY RENT (2026)
4–6 YRS
TYPICAL GROSS PAYBACK
400+
GTA BASEMENTS BUILT
$200/DAY
ON-TIME GUARANTEE
MARKET RENTS · GTA · 2026

What legal basement apartments rent for

TORONTO & EAST YORK · PRIME
$2,400–$2,600
Bright, legal, well-designed suites near transit
MOST OF THE GTA
$1,700–$2,400
Well-finished one-bedroom legal suites
OUTER POCKETS
$1,400–$1,700
Parts of Scarborough, North York and beyond

What pushes a suite to the top of its range: a proper separate entrance, real ceiling height, big egress windows, in-suite laundry, and finishes that match the rest of the home.

THE PAYBACK MATH

A renovation that pays for itself

Put the numbers together: a typical purpose-built legal suite costs $75,000–$110,000+ and rents for $1,700–$2,400 a month. That's a gross payback of roughly four to six years — before counting the resale value a legal second unit adds to the house itself.

Every Desire quote is itemized line by line, HST shown, and locked before you sign. No allowances, no "TBD".

SAMPLE PROJECT · 800 SQ FT LEGAL SUITEILLUSTRATIVE
BUILD COST (FULL LEGAL PACKAGE)~$90,000
MONTHLY RENT~$2,000
GROSS ANNUAL INCOME$24,000
GROSS PAYBACK≈ 4–6 YEARS

Plus added resale value and a mortgage helper for decades after. Location, build cost and rent level move the timeline in both directions.

Finished legal basement apartment with kitchenette and living area — Desire Basements GTA
THE DESIRE PACKAGE · $75,000–$110,000+

A self-contained home, under yours

  • Design, drawings & permits — handled end to end
  • Real kitchen — not a bar with a hotplate
  • Full bathroom & in-suite laundry
  • Bedroom with compliant egress window
  • Fire & sound separation between units
  • Private separate entrance
  • Finishes that match the upstairs — tenants pay for that

Free 3D design of your future suite, itemized locked quote, lifetime warranty, $200/day on-time guarantee. Underpinning and benching available where ceiling height is borderline — see our structural work.

FROM CONSULT TO FIRST TENANT

Four steps, one company

STEP 1
Free in-home consult + 3D design
We assess ceiling height, entrance options and layout — and design your suite in 3D, free.
STEP 2
Drawings & permits
We prepare the drawings and pull the building permit — you sign a locked, itemized quote.
STEP 3
The build
Owner-led crew, staged municipal inspections, $200/day on-time guarantee.
STEP 4
Registration & first tenant
Final inspections, registration where required — your suite starts earning.
LEGAL SUITE QUESTIONS, ANSWERED

Before you build

How much does a legal basement apartment cost in the GTA?

A purpose-built legal suite — kitchen, bathroom, bedroom, fire separation and separate entrance — typically lands in the $75,000–$110,000+ range depending on size, entrance excavation and finishes. Underpinning for low ceilings is extra. Every Desire quote is itemized and locked before you sign.

How much rent will it earn?

Most well-finished one-bedroom suites rent for $1,700–$2,400 per month in 2026, with prime Toronto locations approaching $2,400–$2,600. See the full breakdown in our rental income guide.

Do I need a permit — and is a suite even allowed on my lot?

A building permit is required everywhere — and under Ontario's updated rules, secondary suites are permitted as-of-right on most urban residential lots. In Toronto there's no minor variance and no parking requirement for the unit. Details in our permit guide.

My ceiling is too low — is a legal suite still possible?

Usually, yes. Underpinning or benching lowers the basement floor permanently, achieving full ceiling height and often adding significant resale value. It's the most involved option, and it's our specialty — see underpinning & separate entrances.

How long does the whole process take?

Design and permits typically take several weeks depending on the municipality, and the build itself runs on a fixed schedule backed by our $200/day on-time guarantee — most suites go from first consult to tenant-ready in a few months.

Your basement could be earning by next year.

Free in-home consultation · free 3D design of your suite · locked itemized quote · lifetime warranty

Get My Free Quote + 3D Design
CHAT WITH KAM · WHATSAPP