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The $500,000 Toronto house is real — just look to the laneways – National Post

From National Post:

It’s only been a year since Toronto finally approved “as-of-right” zoning for laneway housing. But there have already been 100 inquiries — and as similar zoning is extended to the suburbs, as many as 47,000 sites may be eligible for new builds.

“Once this takes hold there will be a big demand,” Leith Moore says.

PLEASE NOTE: Toronto laneway housing regulations have recently been updated, some of the information contained in the linked articles may be out of date or inaccurate as of today’s date.

He has a stake in the game, of course. His company R-Hauz (“Our House”) develops custom builds for urban properties. But he’s betting on the future of laneway living — which can range from high-design home offices to income-generating rental properties — because it’s a rare affordable option in this mortgage-strapped city.

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