Many people have basements that do not meet the Ontario Building code. They do not have tenants renting the space so they don't worry about it. However, a legal basement has its own advantages and disadvantages and so do the illegal ones. In this video, I explain what those are.
Gourav Khatri, Broker
Realtor® | eXp Realty
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Legal Vs Illegal Basement
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Mississaugahomeownersellerbuyerhome buyerhome sellermortgagefirst time buyerbuy a homeOntarioTorontoToronto real estateOntario real estateselling a homepurchasing a homebudgetbidding waroverpricedunderpricednegotiationmistakesmistakes to avoidfinished basementlegal basementillegal basementOntario Building CodeFire Safety