How to build a LEGAL BASEMENT from START to FINISH 🔨👷
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- Опубликовано: 8 июн 2024
- In this video we talk about rennovating basements in Canada in a way that it is legally rentable.
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I am a licensed mortgage agent M21004312 working with Dominion lending centres, Valko Financial FSRA13047. I work with over 60 lenders including the top banks to provide an array of mortgage products that are suited to your needs. I can help you with your housing needs across all provinces in Canada (except Quebec).
I help First time home buyers & investors make smart realestate decisions based on numbers and not emotion. Want to book a call 👇 (It's free 🥳)
www.growwithnav.com/book-a-call
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My mission is to provide you with actionable content that enables you to build your wealthand live up to your potential. I came to Canada with my wife (Simran), during the pandemic in 2020, started with very little money, no job - to today, where I recently quit my job after building my side hustle to a cool 6-figures in revenue. I have met so many amazing people and mentors along the way, and I want to bring everything that I have learnt and continue to learn to you via this channel.
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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
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Basement renovation, Canada, Legal basement rental, Basement apartment, Building codes, Zoning laws, Egress windows, Basement ceiling height, Fire safety, Smoke detectors, Carbon monoxide detectors, Electrical code, Plumbing code, Insulation, Soundproofing, Basement waterproofing, Foundation repair, Basement flooring, Subfloor, Basement walls, Drywall, Basement lighting, Egress window requirements, Exit routes, Basement ventilation, HVAC system, Basement heating, Radiant floor heating, Baseboard heaters, Space heaters, Legal basement suite, Secondary suite, Rental property, Tenant rights, Landlord responsibilities, Rental agreement, Property management, Landlord insurance, Basement windows, Building permit, Renovation costs, Legal permits, Basement renovation cost, Basement design, Basement layout, Rental income, Basement transformation, Rental unit, Basement kitchen, Basement bathroom, Finishing basement, Basement entrance, Private entrance, Renovation checklist, Renovation tips, DIY basement renovation, Hiring contractors, Contractor licensing, Renovation planning, Budgeting for renovation, Financing renovation, Basement apartment rental, Rent control, Basement renovation ideas, Basement living space, Emergency exit, Safety regulations, Building inspection, Home renovation, Property value, Real estate investment, Renovating for profit, Long-term rental, Short-term rental, Air quality, Mold prevention, Radon mitigation, Damp proofing, Water damage, Sump pump, French drain, Basement laundry room, Finished basement, Unfinished basement, Basement storage, Storage solutions, Space utilization, Open concept basement, Basement office, Home office, Basement bedroom, Basement living room, Home theater, Game room, Fitness room, Home gym, In-law suite, Basement bar, Wet bar, Wine cellar, Basement contractor, General contractor,
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Very useful video. The steps you laid out are particularly helpful in understanding what a new construction engagement might look like.
Glad it was helpful!
This has great information. Will definitely help us when we are ready to build our basement. Thankyou for sharing this. 👏👏
I am glad you liked it 🙌
Definitely liked this video. Good and helpful. Wish more landlords would build proper legal basements or rental units.
Glad you liked it!
Very useful video for 2nd dwelling unit construction
Great work Nav and Harji.
Glad you liked it
Wow, was just waiting for this video..Thx so much .Hi Nav, when possible, kindly create video on buying old house as investors, structure issues, plumbing issues etc, that may come with it ..Investing in new vs old..Thx a lot
Thank you.
Sure, did a similar a few weeks ago.
How to househack your first home with $35,000 | First time home buyer
ruclips.net/video/Qqcr5K72RSg/видео.html
Ok Thanks, m so used to IND concrete homes that I am not sure when and how long would wood structure last, how about the piping or electrical issues that are hidden, not visible etc..
Nav paji you are a great person .
Inspire many people.
I will definitely meet you .
Thank you 🙏
Informative!! Thanks Nav!
🙌🙌
Hi Navjot...I love watching your videos and I think I started following you from 2019 I think....So I loved your journey and where you are today. Totally inspiring for people like me who have just arrived in Canada. Can you make some videos around land investment also. I have a very low risk appetite and I want to put money in land rather than buying a house and locking my life in mortgage. I would love to know about land investing in Canada and how can that help in building my wealth. Hope you will consider.
You’re doing videos out of box these days great job nav
Thank you 🙌
Awesome video!
Great work
But I would say it’s a huge investment and not everyone home owner can afford it. I think city should lower the expenses or their strict standards considering housing crisis in the market
Great video!! 💯
Thanks! 😃
Woww! Very informative video..
🙌🙌
Thank you for being open about the $$s
Insightful video 🎉
Glad it was helpful!
you have great content!
Thank you 😊
Shame on scammers like Nav. if ever met in-person at events, he deserves a slap on the scam he is promoting and how people like him are ruining society for his own monetary gains
Can u elaborate? What wrong did nav do?
I always had this question - Can we have a basement entrance via the garage. Are there ways around making it legal ? Hope Harji can answer this :)
Garage entrances won’t make the unit legal (from city point of view) Has to be separate.
Construction items and Labor very expensive.Items you can import from India .
Kitchen Counter Tops,
Bathtubs
Pipes and Faucets
Flooring Vinyl
Roofing - Metal and Fibre glass
Hydro meters and switches.
Heating Furnaces and Stoves.
Not recommended. You will end spending more money if these things aren’t per city requirements / building code and the inspection fails.
Building Codes Ontario are online you can check. They specify on materials not brands.If any inspector is rejecting due to branding , please report him to the City. Yes , some critical materials like Heating Furnaces and stoves may need safety stamps. But these days all safety regulations are ISO and internationally recognized.
@@ghungroo3850 Not a Great Idea since lot of China and India products does not meet standards of CSA and OBC. Also, its not worth it getting materials shipping from outside Canada for a single Basement.
Hi nav / need to discuss a real estate issue with you - please let me know if we can connect on phone. Thanks
Please book a call from the link in the bio.