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In this video, Erwin from @TruthAboutRealEstateInvesting and I check out our client Mike's garage conversion project. We assisted Mike with the design, permits, city approvals, and are now going through the coaching process of the conversion project. We think garage conversions are a great opportunity to take an often under utilized existing structure and add an additional housing unit and of course, generate a great deal of additional cash flow or provide a living option for a family member. In this video, we discuss some important factors specific to detached garages that you wish to convert to a garden suite. 0:00 - Intro 1:05 - Why convert an existing garage into a garden suite? 1:31 - 4 items to consider when converting an existing garage 1:54 - Meet Mike & Erwin 2:14 - The existing property with a Second Suite 5:01 - The existing structure condition & if you are able to convert 5:59 - Assessing the existing foundation 6:50 - Insulating your existing garage 8:09 - Setback requirements for existing garages 9:16 - Bringing utility services to your garage 11:57 - Opportunities with garage conversions 12:30 - Garage Conversion Tour 16:10 - How much did it cost? Garage Conversion Numbers 18:44 - Outro --------------------------- Read the more detailed blog version of this video to get more info: 📚 👉https://www.suiteadditions.com/blog/2... Download Our NEW Garden Suite Guide and a copy of our 8 - Point Checklist & Second Suites Beginners Guide. 📚 👉 www.suiteadditionspro.com/garden-suites Hire Us For Your Project! You can always hire us for a Zoom or in-person consultation for your suite conversion, or hire us to help you with your suite design and permit drawings. (Consultation fees can be credited towards any design and permit package you choose to pursue. So it's a win-win!) ✉️ 👉Connect With Us: www.SuiteAdditions.com/contact Want to learn how you can Buy, Renovate/Build, & Rent Second Suites & Garden Suites? Gain the knowledge & experience from our 300+ Second Suite Projects and start profiting immediately! 📚 👉Signup for our Training Program: https://tinyurl.com/2unfy38j IMPORTANT* This guide is intended for informational purposes only. DO NOT rely on the information in this guide for any real estate transactions. Since every property is unique, you must perform your own due diligence with the City and with a professional consultant. Suite Additions Inc., and its affiliates are not liable for any loss as a result of information you receive in this guide. #maxsuite #existinghome #ADU #newconstruction #secondsuite #ADU #realestatedevelopment #development #realestatedeveloper #realestatedeals #NIMBY #realestatesales #construction #studentrental #GardenSuites #inflation #recession #GardenSuite #realestatecrash #financialcrisis #stockmarket #interestrates #economics #learnrealestate #gardensuites #ADUS #adu #Tinyhome #tinyhomecanada #lanewayhomes #infill #ontariorealestate #torontorealestate #economy #market #stockmarket #architecture #designer #suiteadditions #rentalproperty #rentalpropertyinvestor #brrrr #realtor #realestate #realestateinvestor #realestatetips #entrepreneur #investing #investinyourself #investmentproperty #homerenovation #homereno #Brantford #Ontario #Brantfordrealestate #brantfordgardensuite #brantfordADU #Ontarioadu #ontariogardensuite #brantfordlanewayhome