back to top
Community

How Much Do You Know About Redwood Second Suites?

Community agencies Redwood Park Communities and Community Builders have partnered together to create a start-to-finish process of planning, constructing, and managing a legal second suite. The goal of the initiative is to provide safe, supportive, and affordable housing for individuals and families in need of lower-cost homes. Test your knowledge on second suites and on what our services offer! Good luck!

Posted on
  1. 1.

    What is a second suite?
    Correct
    Incorrect
    A secondary dwelling in a single dwelling home
    Correct
    Incorrect
    A basement apartment
    Correct
    Incorrect
    A detached garage converted into a living space
    Correct
    Incorrect
    All of the above
    Correct!
    Wrong!

    All of the above!

    A second suite is a secondary dwelling in a single dwelling home that can be in single detached homes, semi-detached homes, or row townhouses. Many second suites are basement apartments, but they can be installed on any floor of the house including the attic, as well as in detached garages that have been converted into a dwelling unit.

    All of the above!
  2. 2.

    What is the maximum number of bedrooms a second suite can have?
    Correct
    Incorrect
    1
    Correct
    Incorrect
    2
    Correct
    Incorrect
    3
    Correct
    Incorrect
    4
    Correct!
    Wrong!

    2 bedrooms

    The bylaw states that there is no limit to the size of the suite, however they cannot contain more than 2 bedrooms.

    2 bedrooms
  3. 3.

    In what area of Barrie are second suites NOT permitted?
    Correct
    Incorrect
    Georgian College Area
    Correct
    Incorrect
    Downtown area
    Correct
    Incorrect
    School Zones
    Correct
    Incorrect
    None of the above
    Correct!
    Wrong!

    The Georgian College area

    The City of Barrie already has an incentive to help facilitate purpose built student housing in the Georgian College area specifically to mitigate the impact of students in established neighborhoods and to ensure dedicated student housing is provided which is safe, clean, and properly administered by a property management specialist.

    The Georgian College area
  4. 4.

    What amenities MUST a second suite have?
    Correct
    Incorrect
    It's own entrance
    Correct
    Incorrect
    It's own kitchen and bathroom
    Correct
    Incorrect
    It's own parking space
    Correct
    Incorrect
    All of the above
    Correct!
    Wrong!

    All of the above!

    A second suite must have it's own entrance, kitchen, bathroom, and parking space to be registered as a legal second suite.

    All of the above!
  5. 5.

    Which of the following is NOT a permit required for a legal second suite?
    Correct
    Incorrect
    Zoning Requirement Certificate
    Correct
    Incorrect
    Building Permit
    Correct
    Incorrect
    Registration Certificate
    Correct
    Incorrect
    All of the above are required
    Correct!
    Wrong!

    All of the above are required

    Community Builders applies to these permits on behalf of the homeowner to relieve the homeowner of that responsibility and hassle.

    All of the above are required
  6. 6.

    How much potential funding is available from the County of Simcoe for the homeowner?
    Correct
    Incorrect
    $10,000
    Correct
    Incorrect
    $15,000
    Correct
    Incorrect
    $20,000
    Correct
    Incorrect
    $25,000
    Correct!
    Wrong!

    $25,000!

    If eligible, there are thousands of dollars of funding available in the form of a forgivable loan from the County of Simcoe.

    $25,000!
  7. 7.

    What percentage of planning/development costs can the homeowner get back from the City of Barrie?
    Correct
    Incorrect
    5%
    Correct
    Incorrect
    25%
    Correct
    Incorrect
    50%
    Correct
    Incorrect
    75%
    Correct!
    Wrong!

    75%

    If you construct a second suite with Redwood Second Suites, you are eligible to receive 75% of your total planning and development costs back in the form of a grant, as well as receive an incremental tax rebate over 5 years.

    75%
  8. 8.

    What type of affordable housing will you be providing by having a Redwood Second Suite?
    Correct
    Incorrect
    Emergency housing
    Correct
    Incorrect
    Transitional housing
    Correct
    Incorrect
    Social housing
    Correct
    Incorrect
    Affordable rental unit
    Correct!
    Wrong!

    Transitional Housing

    As a transitional housing unit, the occupant in your suite can stay a maximum of 1 year less a day, and after 1 year Redwood Park Communities will continue to keep your suite occupied.

    Transitional Housing
  9. 9.

    The homeowner's tenant is:
    Correct
    Incorrect
    Redwood Park Communities
    Correct
    Incorrect
    Community Builders
    Correct
    Incorrect
    The individual or family occupying the suite
    Correct
    Incorrect
    None of the above
    Correct!
    Wrong!

    Redwood Park Communities

    Redwood Park Communities will collect an amount of rent from the suite occupant based on what the occupant's income can afford, then Redwood pays the full rent amount to the homeowner by direct deposit regularly and on time.

    Redwood Park Communities
  10. 10.

    What is the maximum amount of rent that can be charged?
    Correct
    Incorrect
    $749/month
    Correct
    Incorrect
    $1,012/month
    Correct
    Incorrect
    $1,150/month
    Correct
    Incorrect
    The average market rent for the region (including utilities)
    Correct!
    Wrong!

    The average market rent for the region

    In order to qualify as affordable housing, the maximum rent the homeowner can charge is the average market rent for the region, and that amount must include utilities (the average market rents do not include utilities). We encourage our clients to charge an amount that is based on what they NEED as rental income. Redwood Park Communities and the homeowner collaborate to decide on the rent amount.

    The average market rent for the region
  11. 11.

    Who is responsible for finding an occupant for the second suite?
    Correct
    Incorrect
    The homeowner
    Correct
    Incorrect
    Redwood Park Communities
    Correct
    Incorrect
    The County of Simcoe
    Correct
    Incorrect
    The City of Barrie
    Correct!
    Wrong!

    Redwood Park Communities

    Redwood will assign an individual or family in need of transitional housing to the suite, based on who they think will be an appropriate fit for both the occupant and the homeowner.

    Redwood Park Communities
  12. 12.

    What is a financial benefit of creating a Redwood Second Suite?
    Correct
    Incorrect
    Increased property value
    Correct
    Incorrect
    Access to increased mortgage financing
    Correct
    Incorrect
    Increased ability to pay down mortgage faster
    Correct
    Incorrect
    All of the above
    Correct!
    Wrong!

    All of the above!

    Find more information about the financial benefits at thecommunitybuilders.ca

    All of the above!
  13. 13.

    What is a non-financial benefit of creating a Redwood Second Suite?
    Correct
    Incorrect
    Contributing to the availability of affordable housing
    Correct
    Incorrect
    Providing a safe and secure environment for an individual or family in need
    Correct
    Incorrect
    The opportunity for first-time landlords to be walked through the process step-by-step
    Correct
    Incorrect
    All of the above
    Correct!
    Wrong!

    All of the above!

    The positive community impact that is associated with creating a second suite for affordable housing is priceless! if you share our vision and our passion for our community and the people in it, we would love to have a conversation about how together we can be proactive in making the difference.

    All of the above!
This post was created by a member of BuzzFeed Community, where anyone can post awesome lists and creations. Learn more or post your buzz!
 
Take quizzes and chill with the BuzzFeed app.