Success Story: Toronto Installation
See how one Toronto homeowner created a rental income stream with an Axya garden suite in just 8 weeks.
Success Story: Toronto Installation
Meet Sarah Chen, a Toronto homeowner who transformed her underutilized backyard into a thriving rental property in just 8 weeks.
The Challenge
Sarah had a large backyard in North York that wasn’t being used. With rising property taxes and home maintenance costs, she was looking for ways to generate additional income without selling her home.
The Solution
After researching various options, Sarah chose an Axya 2-bedroom garden suite. The key factors in her decision were:
- Fixed, all-inclusive pricing
- Fast installation timeline
- Professional permitting services
- Financing options available
The Process
The entire project took just 8 weeks from initial consultation to final occupancy permit:
- Week 1: Feasibility check and site survey
- Weeks 2-4: Permitting and engineering
- Week 5-6: Foundation preparation
- Week 7: Module delivery and placement
- Week 8: Final connections and inspections
The Results
Sarah’s garden suite has been rented for 18 months now, generating:
- $2,800 per month in rental income
- Positive cash flow after financing costs
- Estimated property value increase of $150,000
- Tax deductible expenses for maintenance and financing
“The process was so much easier than I expected,” Sarah says. “Axya handled everything, and my tenant loves the space. It’s been a game-changer for my financial situation.”
Key Takeaways
This case study demonstrates several important points:
- Pre-engineered construction dramatically reduces timelines
- Professional project management removes homeowner stress
- Garden suites can generate significant passive income
- Quality construction attracts quality tenants