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Can I rent out part of my new property?

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If you are renting out a space for business use, you will need a permit for this and should discuss this with your realtor before finalizing your purchase.

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If you are looking to rent out a section of the home to people, you’ll need to check with the city bylaws. In some municipalities you will need the property to be zoned accordingly to allow rentals plus you will probably will have to make some changes to the suite to make it legal to rent.

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