Advice on increasing the cash flow on primary residence inToronto

[Michael Wang]

I have recently closed a deal on a 4-bedroom ( 4 en-suite bedrooms) house in King City, Ontario (This is my primary residence) and I am interested in reducing some of mortgage payments through short-term rental. 

My understanding of King City is not a typical place for short-term rental, I just wonder if anyone could provide me with some advice? I have checked the data on AirDNA but couldn't see the entire data since I haven't subscribed the membership.

I am also interested in finding out whether my house in King City is suitable for applying for Secondary Suite program ( we have an unfinished basement with seperate entrance) and any other strategies to increase the income stream on the property?

Your advice is much appreciated!