illegal suite vs non-conforming

[MILLC]

We have a nice suited house in pleasantview south of the university in edmonton in a R1 zoned area. it has a seperate entrance, nice big windows, only one furnace, no seperate meters, etc.

It flows cash (monthly rent approx 2100/ mo.) but we are debating selling because of the illegal suite etc. We want to "DO THINGS RIGHT" and do not want to get stuck with a house that we cannot rent fully because we have had to remove the suite, but....... it makes us great money.

What is the difference between illegal and non-conforming, what do I need to to make it legal, can I make it legal in R1 (I know the answer)

We want to move on with this property, we have been deating the zoning/ illegal suite situation for too long....any advice or opinions would be great.

Thanx

 

[brentdavies]

Replied on the other post, before reading this post.

If the property meets the housing standards, and it just a zoning issue, then run with the suite for as long as you can. The fine for having a improperly zoned basement is usually a warning first, then a follow up.

But the fines for window too small is very large. Especially if someone dies in the unit.

Sad comment is the price of the property with a basement suite, legal or otherwise is not much different than a home without a suite in your neighborhood.

 

[Nir]

QUOTE (MILLC @ Mar 21 2010, 12:07 PM) What is the difference between illegal and non-conforming?
I think what you meant to ask is "What is the difference between illegal and legal non-conforming?
legal non conforming is LEGAL to rent out! illegal is not legal!
the first sends you to the bank, the second to jail.
Regards,
N.