Rate of Return Calculator Retirement Planning Calc. Retirment Asset Allocation RRSP Graphing Calculator RRSP Tax Savings Calculator After-Tax Returns Calc. Imagine buying a new home or condominium and learning the square footage was inflated by an unfinished basement or a garage. Builder Bulletin 22, standardizing floor area calculations. For detached homes, floor area is not simply width multiplied by depth.
Special rules apply to stairs and stairwells, garages, balconies and basements.
But garages are excluded. So a home with a finished basement could be marketed and sold as containing 2,000 sq. Mechanical shafts can only be included in floor area calculations if they directly service a unit. All other criteria in Builder Bulletin 22 continue to apply. The bulletin is also silent on the consequences if that threshold is breached.