Joe and Rosalee Mihevc, after their children moved out, decided to downsize from their large home in Toronto. Faced with the city's housing crunch, they opted against moving out of the city or purchasing a condo, which they could not afford. Instead, they built a two-bedroom, 1,300-square-foot cottage in their backyard for approximately 500,000 Canadian dollars. This solution allows them to remain close to their family, and they are now determining which of their children will occupy the main house.
Joe and Rosalee Mihevc built a 1,300-square-foot cottage for $500,000 in their backyard to downsize without leaving Toronto, facing the housing crunch.
The Mihevcs' decision came after considering leaving Toronto but ultimately opting for an affordable backyard alternative amidst rising housing costs.
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