The City of London has a Detached Additional Residential Unit (ARU) Forgivable Loan program offering up to $45,000 towards building a Backyard Home

The Additional Dwelling Unit Incentive program provides eligible homeowners with loan assistance of up to $25,000 or 75% of the total cost of the project, whichever is less, to create an additional dwelling unit at their home.

You may be eligible to recieve up to a 13% Tax rebate for the HST paid on the build cost of oyur new Additional Residential Unit (ARU).

Oxford County’s My Second Unit helps homeowners plan and finance a secondary, self-contained dwelling unit in their home with an interest-free, forgivable loan of up to $30,000.

Our Team has met with TD’s Largest Mortgage Team in Canada to discuss Backyard Homes and traditional bank funding. We’ve set up the connections for you to seamlessly gain the answers you’re looking for. Contact us below for us to introduce you to their Team

The value of the grant is up to 70 per cent of eligible project costs incurred, to a maximum of $80,000 for exterior accessory dwelling unit(s).

The City of Cambridge’s Additional Residential Unit program provides a grant of up to $10,000.

City of Hamilton currently offers a 15-year Forgivable Loan of $25,000 per Additional Dwelling Unit.

Recipients of the loan can receive up to a maximum of $25,000 per property. The loan is interest-free and forgivable after 15 years, provided there has been no default under the terms of the loan.