Backyard Homes - $0 Upfront Cost
Updated: Jun 15, 2021
At TurnKey, our aim is to provide affordable and sustainable financial opportunities for homeowners through backyard housing. As a homeowner, you have many responsibilities, expected and unexpected monthly expenses that are a priority. Although earning supplemental income is on your to-do list, sometimes life gets in the way and the goal of extra income gets prolonged by waiting for the right opportunity or saving up more capital.
TurnKey wants to provide backyard homes to homeowners who are looking for supplemental income but don't want to deal with the responsibilities of being a landlord. We understand that landlord responsibilities, in addition to an increased mortgage payments, can be an inconvenience for many. This drove us to begin researching ways for a homeowner to get a TurnKey unit at $0 UPFRONT cost, while benefiting from supplemental income. It is our hope that new financing strategies can ease the transition into owning a rental unit while receiving cashflow.
The first step towards a $0 Upfront cost unit is to complete our survey. It will help us understand your requirements and what's comfortable for you so, with your help, we can carefully craft new financing for those adding to Toronto's rental housing!
