Basement Apartments
Create a legal secondary unit within your existing home and convert underused space into recurring rental income.
HomeRev helps homeowners evaluate, finance, design, build, and manage additional living spaces and rental units — through one coordinated process.
HomeRev helps you identify the right opportunity before you commit significant time or money.
Create a legal secondary unit within your existing home and convert underused space into recurring rental income.
Add an independent dwelling on your property where planning, servicing, access, and site conditions allow.
Explore duplex, triplex, fourplex, or other permitted multi-unit configurations for existing or rebuilt homes.
We review the property, your goals, and the existing conditions.
We assess planning, zoning, construction, and financial considerations.
Where appropriate, we help connect the project with suitable financing options and partners.
We coordinate the professionals required to move the project through design, approvals, and construction.
Once complete, the new space can become a long-term income-producing part of your property.
One of the biggest barriers to creating a rental unit is funding the project. HomeRev approaches financing as part of feasibility — not as an afterthought.
Depending on the homeowner, property, and project, options may include conventional lending, refinancing, home-equity-based lending, construction financing, and other available programs.
Eligibility, loan terms, and project suitability vary by borrower, lender, property, and program. HomeRev does not guarantee financing approval.
A homeowner may need to speak with a mortgage professional, architect, planner, engineer, municipality, contractor, and property manager — often with no single person responsible for the whole journey.
HomeRev is designed to be the coordinating layer. We start with one question: What is the best opportunity for this property?
Tell us a little about your property and what you want to achieve. We’ll use it as the starting point for evaluating your options.
No. HomeRev can begin by evaluating the property and helping identify which opportunities are worth exploring.
No. The goal is to understand feasibility before spending significant money on design and construction.
No. Development potential depends on zoning, property characteristics, building conditions, servicing, project economics, financing, and other factors.
HomeRev may help homeowners understand and access financing options through appropriate lenders and financing partners. HomeRev does not guarantee approval or specific terms.
HomeRev is launching in Toronto and selected surrounding municipalities, with service areas expected to expand over time.