Canadian Secondary Suite Buying Power Calculator
Calculate exactly how much more house you can afford by purchasing a property with a legal secondary suite. Under standard rules (CMHC / OSFI), 100% of the gross rental income can often be added directly to your qualifying income.
Financial Details
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Your Borrowing Power
Without Secondary Suite
Qualifying Income:
WITH SUITE
With Secondary Suite
Qualifying Income:
Extra Buying Power Unlocked:
Based on % add-back and OSFI Stress Test rate of %.
