Basement renovation · Greater Toronto Area
Basement finishing & rental suites
Make more use of your basement. We coordinate finishing and legal rental-suite conversions, with permit, financing and rental support where needed.
Legal Conversion
Drawings, building-permit application and municipal submission coordination, OBC fire separation and egress compliance, underpinning or benching where required, inspections and occupancy sign-off as applicable.
Home-Equity / HELOC Financing Options
We connect eligible homeowners with licensed Ontario mortgage brokers who arrange HELOC and home-equity financing. We then line up the financing with the project scope, the schedule and the payment stages.
Rental Income Potential
Rental-ready completion, market-rent positioning, lease preparation coordination, tenant screening and placement coordination, and property management options.
Plan your basement conversion
You do not have to arrange the financing first, then find a designer, permit specialist, contractor and leasing help on your own. Boussari Development coordinates the process as one connected project.
We review the property and project goals, help arrange suitable HELOC or home-equity financing through licensed mortgage brokers, organize design and building-permit work, manage construction and code inspections, and prepare the completed legal suite for the rental market.
We run the financing and the build as one job, on one schedule.
Completed basement kitchen
Completed basement living space
Explore financing options
Eligible homeowners can explore home-equity / HELOC financing through qualified mortgage or lending partners. We help coordinate the financing process alongside the project scope.
Once financing is approved and funds become available according to the lender's terms, the construction schedule and payment stages can be coordinated with the project — so the homeowner is not left trying to organize financing and renovation separately. A licensed mortgage broker or lender can explain available products, eligibility, repayment terms and current rates for your circumstances.
- Mortgage-broker / lending-partner coordination for eligible projects
- HELOC / home-equity financing options
- Budget-to-financing planning before construction
- Coordination of project scope and payment stages with approved financing terms
- Project-cost and payment scenario discussion based on qualification and current lender terms
A-to-Z Legal Conversion Services
- Property and basement assessment
- Legal basement conversion planning
- Drawings, building-permit application and municipal submission coordination
- Ontario Building Code fire separation, egress and smoke/CO alarm compliance
- Underpinning or benching where required
- Waterproofing
- Sound and fire-rated insulation
- In-floor heating (electric or hydronic)
- HVAC, plumbing and electrical work by licensed trades, with ESA electrical permits
- Separate-entrance construction where feasible and permitted
- Full renovation and project management
- Building-code and ESA inspection coordination
- Final inspection and occupancy sign-off coordination as applicable
Rental Income Launch & Property Management Options
- Rental market analysis and market-rent comps
- Ontario standard-form lease preparation coordination
- Tenant screening and placement coordination
- Turn-key tenant-ready setup
- Property management option
- 24/7 property service and urgent maintenance response option
- Long-term rental strategy
- Short-term rental strategy only where legally permitted
You bring the property. We take it from the equity discussion to a rented suite.
Order of work, assessment to rent
Understand the costs before you build
A useful rental plan starts with your property, the proposed work and local rental comparisons. Review the renovation budget and ongoing expenses alongside any financing payments before deciding how to proceed.
- Construction, design and permit costs based on the assessed scope
- Financing payments and repayment terms confirmed by your lender
- Rental estimates based on comparable local properties and the proposed suite
- Operating costs, maintenance and an allowance for vacancy
Discuss your basement project
Send us the property address and the basement details. We meet you on site, review the space, the rental goal and the financing options, and prepare a free estimate. After that, the permit drawings, the construction and the city inspections run as one project with one coordinator.
- Property and basement assessment
- Financing coordination discussion (eligibility and lender terms apply)
- Legal conversion and permit path planning
- Rental-income launch options
Prefer to talk? Call 416-930-0400.