2ND SUITE CALCULATOR


What is most important to you?

Bedrooms

How many will the new suite have?

Select
  • Bachelor
  • 1
  • 2

Build Style

Select a build style you like:

separate entrance

My house needs a new entrance similar to:

underpinning

Do you need it?

   

EXAMPLES:

Underpinning of the foundation ensures that the house does not sink when the basement is dug out (floor is lowered) by adding a concrete footing below the original house footing.

If you are planning to increase the ceiling height of your basement, you will need to lower the floor and will most likely need underpinning (or "benching") - talk to a penguin expert for a full evaluation of your unique property.

underpinning

Yes, I need underpinning.

My house is



Total Length of the perimeter to be lowered.
For example a 30 foot x 20 foot area to be lowered is 100 linear feet.

EXAMPLES:

Underpinning of the foundation ensures that the house does not sink when the basement is dug out (floor is lowered) by adding a concrete footing below the original house footing.

If you are planning to increase the ceiling height of your basement, you will need to lower the floor and will most likely need underpinning (or "benching") - talk to a penguin expert for a full evaluation of your unique property.

egress (fire escape window)

I Need

Select
  • 0
  • 1
  • 2
  • 3

Egress Windows(s)

*You need at least 1 if you have a direct exit

EXAMPLES:

A basement second suite must have a minimum of two points of exit in case of fire. Further, one point of exit must be in any separate bedroom whether that is a doorway or egress window. An egress window is one that opens easily and large enough to accommodate physical exit, and that generally measures 2'6" by 2'6" or larger. Specifics may vary from municipality to municipality. Contact your Penguin representative for details specific to your area.

Current Mortgage Info

Please enter pre-reno values:

Mortgage Amount
Interest Rate on Mortgage
Amortization Period
25 Years
  • 10 years
  • 15 years
  • 20 years
  • 25 years
  • 30 years
  • 35 years
  • 40 years
Frequency of Payments
Monthly
  • Biweekly
  • Monthly

Current Monthly Expenses

Some costs may go up. Please enter what you currently pay:

Gas:
Hydro:
Cable / Internet:
Water / Utilities:

Allowance for One-time Expenses

Appliances for 2nd Suite:


Guaranted Rental Program

Do you need it?

   

Penguin's guaranteed rental program includes:

  1. An accurate estimation of the rental price using comparable listings, agreeing upon with the owner.
  2. Background checks are performed on a perspective tenants - credit, bank statements, social media profiles, employer references, previous landlord referrals, etc.
  3. Owner receives a detail report of the prospect for final review and approval
  4. The rent is guaranteed for 12 months at a cost equivalent to a 1 month rental

Postal Code

We automatically calculate your potential rent:

Postal Code
How do you plan to finance the renovation?

DOWNLOAD REPORT

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