Currently we are in the process of converting our basement to a rentable suite.
Few questions:
1. The electrician is recommending us to up our electrical panel to 200 amps. It will cost $2k.
If we don't, there is a risk of tripping if the upstairs tenants and basements tenants are using their appliances at the same time.
So he gave us two options:
A) get a gas range upstairs
B) just get a cooktop instead of a range with oven.
Do basement tenants demand oven also? Or cooktop would be sufficient without putting off many tenants?
2. Should we go with a 1 bedroom or keep it an open/bachelor style basement with a small den. The den is already finished. So if we convert to a 1 bedroom we would advertise it as 1 bedroom plus den.
The property is located in Mississauga.
Thanks for your suggestions in advance.
Few questions:
1. The electrician is recommending us to up our electrical panel to 200 amps. It will cost $2k.
If we don't, there is a risk of tripping if the upstairs tenants and basements tenants are using their appliances at the same time.
So he gave us two options:
A) get a gas range upstairs
B) just get a cooktop instead of a range with oven.
Do basement tenants demand oven also? Or cooktop would be sufficient without putting off many tenants?
2. Should we go with a 1 bedroom or keep it an open/bachelor style basement with a small den. The den is already finished. So if we convert to a 1 bedroom we would advertise it as 1 bedroom plus den.
The property is located in Mississauga.
Thanks for your suggestions in advance.