Design ~ Drawings ~ City Permits ~ Engineering ~ Construction
Living in the City of Toronto can be a dream come true, but if you live in the city, there’s a good chance your property doesn’t have much for acreage. With the high cost of real estate fees, legal fees, land transfer tax etc., selling and buying a larger home may not be the best option. When you need extra space and going up or out is not an option then we recommend going down. Tru Point Underpinning Services can provide you with the square footage you need by lowering your basement, providing you with 8ft finished ceiling height and a usable basement.
Here are some of the additional benifits to underpinning you should consider.
- Rental Apartment. With the cost of real estate in Toronto future rental income is a possibility if you underpin. Before we underpin we will allow for the future conversion to a rental unit in case you would like the income instead of the space. Basement apartments can bring in from $700.00 to $1300.00 per month.
- Increases Value. The value of your home will be reflected with the new space you have provided. A basement apartment for rent will also be a selling feature to prospective buyers.
- It adds waterproofing. A lowered basement requires new interior waterproofing, which for an older home may be necessary in the near future anyway.
Basement lowering is one of the most cost effective methods of adding space to a home. It requires drawings and permits in order to begin, which is why contacting Tru Point should be the first step you take. Our team of experts will guide you through the process from start to finish. We will provide you with architectural drawings, city building permits, engineering, design and build. We will be respectful of your neighbors and coordinate the necessary city inspections throughout the entire process.
Contact us today to discuss how lowering your basement could raise the value and usability of your home.