The Rising Popularity of Basement Apartments – Are They Worth It?

With housing prices soaring, many are turning to basement apartments as an affordable alternative. But are they truly worth it? Join Ariel Kormendy and Adrian Trott as they explore the benefits, challenges, and real-life experiences of living in basement apartments.


0:16 – Intro
1:19 – There are a lot of illegal basement apartments on the market
2:42 – Real estate agents must be more transparent with their listing description
4:36 – Would you rent out your basement?
10:32 – Renovating your basement V.S. Getting another mortgage
14:13 – The basement is typically the space that is poorly renovated in a home
17:24 – Outro/recap


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In 2011, Ariel Kormendy and Adrian Trott formed The Kormendy Trott Team, now often referred to as KT (thanks to our logo!). The foundation of KT is built on providing unmatched value and attention to detail in everything we do. From our ever-expanding, comprehensive list of exclusive services to our expertly trained team, you will receive the highest level of care throughout your entire real estate journey.

Originally a team of two in Milton, Ontario, the KT Team has grown into a large team of exceptional REALTORS®, a client-care department, and now includes KT media, KT Commercial and KT Property Management to provide our clients with a complete lineup of genuine, professional, and proven services across Halton Region, Peel Region and the surrounding Regions within the Greater Toronto Area.

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