Case Study: Toronto Garden Suite Retrofit
Location: Toronto, Ontario
Overview
Before: A historic garage built in the early 1900s to house horses for a local racetrack
After: A modern garden suite with open-concept living, energy-efficient systems, and multi-generational accessibility
Financial Metrics
Project cost: $325,000
Annual rental income: $40,000
Operating expenses: $8,000
Net cash flow: $32,000
Key Takeaways
- Increased property value by 15-20%
- Reduced long-term care costs through multigenerational living
- Stable rental income stream with 92% occupancy
- Energy-efficient design lowers operating costs
Gallery: Transformation Journey
Next Steps
Ready to explore how a garden suite can transform your property? Contact Segal Construction today to schedule a feasibility consultation.