$80K Secondary Suite Loan Program Interest Rate: 2%!
Posted on Jan 06, 2025 in Homeowner Incentives
Increased Loan Limit for Secondary SuitesLaunching in early 2025, the Canada Secondary Suite Loan Program will raise its loan cap to $80,000, doubling the previous $40,000 limit. This expansion will make it easier for homeowners to secure low-interest financing for creating secondary suites, including:
- Converting basements into rental apartments.
- Tra...