Here’s how a growing pool of Canadians are paying off their mortgages

1 month ago 7

Rommie Analytics

Alexis Levenson knew she wouldn't be able to afford a house on her own so she bought a Toronto property with an unfinished basement she could convert into a legal rental unit to help pay off her mortgage.

Alexis Levenson knew she found the perfect house when she saw it: a 1950s-style, semi-detached bungalow with plenty of space and light — and an unfinished basement she could easily convert into a legal secondary unit to rent out to pay off her mortgage.

In 2022, Levenson, 42, who works at a fintech startup, was looking to upgrade from her condo to a larger space while the market was down, in the hopes of starting a family soon. She made an ...

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