Changes coming to licensing of lodging and student rental houses in Waterloo?

By on March 17, 2010 in kitchener waterloo, Real Estate Investment

The City of Waterloo recently sent out the Lodging House License renewal letter to real estate investors who own licensed student lodging houses in town, and it contains this interesting tidbit:

"City Of Waterloo is currently undertaking a Rental Housing Licensing Review. This may affect the City’s current programs such as the Lodging House Licensing Program and/or The Two Unit Residential Occupancy Inspection Program. The owner should be advised that the outcome of the review may affect the ability of this or any other property to be used for, or licensed for, rental housing purposes."

Stay tuned for more… (and renew your license by April 30th, 2010)

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Linda

I'm hoping you can help. I have been told conflicting things and don't know how to get a definitive answer. I want to put a furnished 'bachelor apartment' in my basement. It would have a 3 piece bathroom and a 'kitchenette' that has a counter & sink, bar size fridge, microwave and toaster oven. I talked to the citys' building dept and was given requirements to duplex which requires a separate entrance for the space. I have been told by others that I'm not actually duplexing, and that since there is no stove or real kitchen, that I don't need a separate entrance. The only access to my basement is from my main floor. I know I have to enlarge the basement window and am prepared to do that, however adding a door to the outside isn't possible. You appear knowledgeable in this area and I'm hoping you able to point me in the right direction to get a definitive answer to this. Thank you for any help you can provide.

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Benjamin Bach, the Wealth Team

Hi Linda
I would ask the city specifically if you can have a legal unit in your basement, and then I would listen to what the City says.

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Brian

Does anyone have any further information about the changes to the Lodging house license program in Waterloo? The discussion paper mentions the possibility of limiting the number of tenants to 3 per unit. Has anyone heard which way this may be going?

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Trackbacks

  1. Update on Student Housing Under Construction in Waterloo, Ontario | Waterloo Student Housing says:
    March 28, 2010 at 6:48 am

    [...] Changes coming to licensing of lodging and student rental houses in Waterloo? [...]

  2. The Wealth Building Guy says:
    April 10, 2010 at 8:16 am

    [...] Changes coming to licensing of lodging and student rental houses in Waterloo? The City of Waterloo recently sent out the Lodging House… Possibly related posts: (automatically generated)OTR Gateway Quarter Condo Tour: Part 2Midtown Lofts Coral Way Miami [...]