The average cost of a conversion is expected to be around $150,000, but owners will only be able to rent and not sell the laneway homes.
Before any of the alley homes go ahead, there will be public hearings on a neighbourhood by neighbourhood basis, and only homes already zoned single-family will qualify for the pilot project. That means the first laneway house won't be built for about a year.
No, a conversion needn't cost anywhere near $150,000 as evidenced by this solution and that one and oh, so many others.
However, NIMBYism will continue to be alive, well and thriving. Hence, look for the projected one-year delay to extend long beyond that.
As for pets? As usual, they're likely not to be allowed by the property owners - which means the disproportionate number of people who live alone, are on low income and have pets will be out of luck once again.
Recommend this post