Home Buying – EcoFab Modular Homes https://ecofab.ca Modular homes dealer serving the Sunshine Coast, BC Mon, 26 Feb 2024 00:04:28 +0000 en-US hourly 1 https://i0.wp.com/ecofab.ca/wp-content/uploads/2022/03/cropped-ecofab_logo_transparent-1.png?fit=32%2C32&ssl=1 Home Buying – EcoFab Modular Homes https://ecofab.ca 32 32 84972596 Transform Your Property into a Revenue-Generating Investment with Eco Fab Modular Homes https://ecofab.ca/transform-your-property-into-a-revenue-generating-investment-with-eco-fab-modular-homes/ https://ecofab.ca/transform-your-property-into-a-revenue-generating-investment-with-eco-fab-modular-homes/#respond Mon, 19 Feb 2024 20:47:05 +0000 https://ecofab.ca/?p=3310 Addressing the Housing Shortage with Profitable Solutions We all choose to live on The Coast for a variety of reasons: slower pace of life, absolutely beautiful surroundings, amazing community. Maybe...

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Addressing the Housing Shortage with Profitable Solutions

We all choose to live on The Coast for a variety of reasons: slower pace of life, absolutely beautiful surroundings, amazing community. Maybe you left Vancouver because you actually wanted to own more than a postage stamp sized chunk of land. However, like many desirable locations, it faces a significant housing shortage. Remember when we had volunteers washing dishes a few years ago because the restaurants couldn’t find the staff to stay open?

At Eco Fab Modular Homes, we’ve been impressed with the provincial governments efforts to increase housing in this province. And thanks to a new incentive that offers homeowners up to $40,000 free and clear to build housing and offer it at affordable rates, we’re hoping that many on the Coast will want to be part of the solution while also generating substantial income. By adding an Auxiliary Dwelling Unit (ADU) to your property, you can provide much-needed affordable housing and enjoy a steady revenue stream.

Why Choose Eco Fab Modular Homes for Your ADU?

Our modular homes are designed with the Sunshine Coast’s unique needs and zoning laws in mind. Starting at around $90,000, our ADUs are an affordable way to expand your property’s potential. With the BC government’s Secondary Suite Incentive Program offering up to $40,000 in forgivable loans, the initial investment becomes even more accessible. Imagine adding a high-quality, sustainable ADU to your property, enhancing its value, and contributing to the community—all with significant cost savings. We’ve put together a page of eligible homes that we offer, that fall under either the 55 m2 (592 SqFt) or 90 m2 (968 SqFt) that the SCRD zoning has allowed for an ADU.

The Financials: A Smart Investment on the Sunshine Coast

With rental affordability limits set at $1365 for a bachelor/1 bedroom and $1849 for a 2 bedroom or larger, your Eco Fab ADU can generate a pretty decent monthly income. This investment not only pays for itself over time but also offers a continuous income stream. Considering the government’s incentive, the actual cost to you could be significantly reduced, making this an incredible investment opportunity with high returns.

Our ADU Models: Perfect Fit for the Sunshine Coast

Our range of modular homes includes options that are ideal for use as ADUs under the Sunshine Coast’s zoning regulations. From our compact yet luxurious Pacific Cabins to our spacious single and double-section homes, we have models that fit within the 55 m² to 90 m² size requirement for ADUs. Each model is designed to maximize space, comfort, and aesthetic appeal, ensuring your new ADU complements your property beautifully.

How It Works: Making Your ADU Dream a Reality

Choose Your Model: Select from our range of ADUs designed to meet the Sunshine Coast’s zoning requirements and your personal style. Decide if you’re looking to put a smaller cabin for single tenant onto your property, or if you’d be more interested in adding a 2 or 3 bedroom home and possibly renting to a family.

Ensure Eligibility: Make sure that you have the proper zoning to put an ADU on your property. Read the terms of the Secondary Suite Incentive Program to make sure you would qualify and are interested.

Secure Financing: Take advantage of the BC government’s Secondary Suite Incentive Program for up to $40,000 in forgivable loans, reducing your upfront costs.

Generate Income: Rent out your new modular ADU for a fair price, turning your property into a significant income source.

Be Part of the Solution
By partnering with Eco Fab Modular Homes, you’re not just investing in your future; you’re helping to address the housing shortage on the Sunshine Coast. Our team is here to guide you through every step—from selecting the perfect ADU model to navigating zoning laws and maximizing your investment potential.

Ready to Start?
Transform your property with an Eco Fab Modular Home ADU. Contact us today to explore our models and find out how easy it is to make a positive impact on your community and your finances.

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