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Claiming home renovations on your taxes in Canada is possible, but only under specific government-approved programs like the Home Accessibility Tax Credit and the Multigenerational Home Renovation Tax Credit. To claim deductions, your renovation project must meet strict requirements (which we will discuss further in this article) and the claim must also be filed correctly with supporting documents.

Choosing the right flooring for your concrete basement floor needs to be done with so much care. There are many factors to put into consideration when you want to install laminate flooring over concrete, especially when handling it as a DIY project. The aim is to ensure that the laminate flooring lasts long. 

There is a high risk of damage by excessive moisture when laminate flooring gets installed over concrete. Basements are the most humid areas in most homes due to condensation and they’re also prone to flooding. However, if you prepare your concrete basement floor well, laminate is a very practical option.

If the question how long does it take to renovate an apartment has become relevant to you, you will find all the answers in this article.

In Toronto, the greatest determinant of time spent renovating a condo depends on the floor size. Let us look at some of the condo renovation steps and the length of time each of them takes.

The basement temperature plays a pivotal role in the whole house’s climate: it affects energy efficiency, the level of moisture, and the temperature in the first-floor rooms. Keep reading to discover the best practices and costs of winter basement heating. This material by the CSG renovation company describes the reasons for a cold basement and heat loss prevention.

Converting a basement into a living space offers various benefits such as increased home value, additional square footage and a source of rental income. However, there are a number of requirements that must be met for your basement to become legally habitable. 

Having a finished basement goes a long way in increasing the property value of a home. So having a finished basement is no doubt an asset as it increases the square footage of the usable space in the home. Unfortunately, many homeowners do not know what a finished basement is. Real estate agents get asked so many questions about what is considered a finished basement.

In Toronto, pricing for the basement is calculated based on the square feet. Professionals charge between $5 and $30 for each square foot. The average square feet for a basement should be 1000 sq ft. This means that the cost of a basement in Toronto is pegged between $5,000 and $30,000.

When it comes to basements, most homeowners want a walk-out basement renovation and it’s only natural. This option increases the value of the home, and the cost of rent if you rent out a basement flat, it’s convenient if you live in the basement yourself.

A legal second suite is an officially recognized, self-contained living space that forms part of a larger property. Adding such a suite to your home is a way to convert basement to rental Toronto or to make more use of your space and provide a living area for friends or family.

Every Canadian has the right to be comfortable in their house. The new regulations of the federal government seek to make homeowners wishing to improve their houses more accessible and supported. New mortgage insurance laws starting January 15, 2025 will let Toronto homeowners refinance insured mortgages to pay for developing supplementary suites like laneway houses, in-law suites, or basement flats.