Thursday, April 19, 2012

Requirements for an Existing Apartment in a House City of Mississauga


In my 25 years of selling residential real estate in Mississauga I am asked about basement apartments quite often.

Here are the requirements for an Existing Apartment in a House.  Now, you may understand why Sellers and agents do not warrant retrofit status.

(Second Dwelling Unit)

1. Please contact Compliance and Licensing Section at (905) 896-5655 and request an inspection. A Request to Inspect form and inspection payment are required prior to the inspection being performed.

Please note that the execution of the fully completed Affidavit form must be Commissioner by Lawyer
Entitled to Practice Law In The Province of Ontario prior to its return to the Compliance and Licensing Section.

In addition to an Affidavit and consent to enter, please provide a copy of two or more of the following

supporting documents, one of which is a financial document: (check all appropriate):


- Copy of MLS Real Estate Listing Documenting existence of second kitchen, basement apartment or
the second dwelling unit prior to November 16th, 1995.

- Copy of Lease Agreement or other written documentation confirming the existence of the tenancy
entered prior to November 16, 1995.

- Copies of receipts for rent (from the landlord-owner or tenant) or copies of cancelled cheques (from
the tenant) for the period prior to November 16, 1995.

- Copy of the landlord-owners 1995 Income Tax Return with the required Statement of Rental Income
for the relevant period prior to November 16, 1995.

- Copies of invoices for work or repairs completed at the two unit house prior to November 16, 1995.

- Copy of any Assessment Roll or Notice of Property Valuation confirming the occupants of the building,
including particulars of any tenant(s) prior to 1995.

-Copy of any Building Permit issued for renovations to install an accessory apartment obtained on or
before May 22, 1996.

-Proof of attendance of Fire Department officials to conduct an inspection of the dwelling, i.e.
itemization of work required, etc., before November 16, 1995.

- Mortgage documents and/or home owner=s insurance policy indicating existence of the tenant occupied second dwelling unit prior to November 16th, 1995.

- Hydro Inspection Certificate, issued prior to November 16th, 1995.

-Compliance and Licensing Staff will check and enforce:

1. Existence of the Second Dwelling Unit

2. Nature of Sanitary System

3. Carbon Monoxide, and Smoke Detectors (each floor)

4. Number of Parking Spaces (including driveway and garage)

If the existing second dwelling unit is a permitted use, the owner will be notified. Building Inspections and Fire

Prevention will also be notified to ensure compliance with the Ontario Building Code, and the Ontario Fire

Code.

2. Arrange an inspection date

This inspection by the Compliance and Licensing Section is required before any inspections can be conducted

by Fire Prevention and/or any Building Permit applications can be submitted. Where a Compliance Letter is

requested a fee of $250.00 is required, Tax included.

3. Canada Customs and Revenue Agency

Every Second Dwelling Unit which is deemed illegal or exempt from Prosecution under the provisions of the

Land Use Planning and Protection Act will be reported
 
City of Mississauga Compliance and Licensing Section 300 City Centre Drive-Mississauga, Ontario L5B 3C1


For any questions regarding Mississauga Real Estate Call me at (905) 568-2121 
 
 




Lisa Portolese, Sales Representative

Royal LePage Kingsbury Realty, Brokerage

30 Eglinton Avenue West, Suite 200

Mississauga, Ontario, Canada

Bus (905) 568-2121

Cel (416) 953-9714

Email LisaMovesYou@Rogers.com

Website www.lisamovesyou.ca



*Not intended to solicit buyers or sellers already under contract*











Friday, April 6, 2012

Hang onto your hat!!

Today I did my monthly check of the sales numbers for the Toronto Real Estate Board. TREB reported that in March, there were 9,690 sales for the month in the Greater Toronto Area which is approx 8% more sales than reported during March 2011.




At the end of March there were only 16,920 homes for sale in the GTA, which is pretty well the same numbers as March last year. We continue to see an increased number of sales as more new listings are coming on the market than last year and the best ones are being snapped up! SO inventory levels have maintained. With that, in the GTA there is about 1¾ months supply of inventory. That in anyone’s books is a Seller’s market.



How’s The Market? My Answer: Hang onto your hat!! These conditions will continue through to the end of the year at least. To be honest with you, I wish it would cool down as it can sometimes get a little silly. In areas like Milton and The Beaches, If the amount of inventory doubled overnight, it would still be a strong Seller’s Market. I’ll keep an eye on supply and demand for you and report back next month.

Happy Easter!