Aerial view of Toronto residential neighbourhood showing detached homes with backyards and basement suites
Garden Suites & Secondary Suites

Basement Apartment vs Garden Suite Toronto 2026: Which Earns More?

A basement apartment in Toronto costs $50,000–$80,000 to build and earns $1,400–$2,400/month. A garden suite runs $200,000–$400,000 but generates $2,500–$3,500/month or more.