House Hacks: How to Make Small Spaces, Big

Matt Chan • September 21, 2016

In 2016, the tiny house/small living space movement is in full swing. Individuals are choosing to live with less: less stuff, less square footage, less of a footprint. However, as these small living spaces become more of the “norm”, the people who inhabit them are asking, “How do I maximize the space that I do have?” Not because they want more, but rather, because they understand that it’s about using every square foot to it’s fullest. Waste not, want not. This is life from a different angle.

The following are five ways to make a small living space seem more spacious:

Organize Separate Spaces with Different Functions

Organize your living space into different “sections”. You may not have the amount of actual “walled off” rooms that a larger living space would boast, but designating different tasks and unique functions for these areas will give your home an air of spaciousness. Create a study space, a book nook, a living area, and a formal dining area. Design each of these areas to look unique, and stick to the plan!

Multi-Purpose Pieces

A bed which doubles as a couch is the classic example of a piece of furniture that can (and does) fulfill various functions, but there are many more than this. Get creative with how you use your space and how it can be used differently during the day, and then at night (ex: a living room that doubles as a guest sleeping space).

Ditch the Clutter

If you don’t need it, or worded differently, if it doesn’t perform a useful function, it probably doesn’t need to be there.

Now, if you’re reading this, there’s a chance that you’ve already embraced this way of living. However, it could be that you’ve been pushed into a smaller living space and you’re still figuring out how to make it work. Either way, learn to live with less.

This doesn’t necessarily mean you need to get rid of everything right away (storage units are great for this stuff, until you have the proper amount of time to sift through, and purge); but it does mean that you need to be more intentional about how your living space is utilized. Look at it from every angle. What will work, and what won’t work?

This applies to furniture choices as well. The good people at Housebeautiful.com   suggest that you choose bigger pieces, but fewer of them; again, with the idea that clutter is the real space killer.

Know Your Space & Plan Appropriately

You know your layout better than anyone, so when it comes to filling it with furniture and various other things, do so wisely. Don’t’ buy a couch that’s twice as large as the wall for which it’s meant. This may seem obvious, but when we’re shopping, we can be overtaken, visually, by a piece, not realizing that it just won’t work, size wise.

Customization is key here, also. Now, obviously if you rent, this won’t be so much of an option for you, but if you own your own space, you have the opportunity to build to your specific needs. If you’re thinking more along these lines, Hongkiat has some wonderful design ideas that will serve to get you totally inspired. I’d mention them all here if we had room, but we don’t, so here is the link ( did anyone say living cube or suspended bedroom? ):

Open Space

As much as possible, keep your space open and “airy”. Nothing makes a house or an apartment seem cramped and small like a build-up of walls and closed off areas. Side note: paint colours matter; dark colours create a cave-like atmosphere. Avoid this pitfall by choosing bright, light, neutral colours. Lighter is brighter is better.

Small spaces don’t need to be unappealing! Consider the previous suggestions and get creative!

CONTACT

Share

RECENT POSTS

By Matthew Chan April 29, 2026
The Bank of Canada announced today that it is holding its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. This decision comes against a backdrop of significant global uncertainty — and for Canadian homeowners, buyers, and anyone with a mortgage coming up for renewal, here's what it means.
By Matthew Chan April 22, 2026
Thinking About Buying a Second Property? Here’s What to Know Buying a second property is an exciting milestone—but it’s also a big financial decision that deserves thoughtful planning. Whether you're dreaming of a vacation retreat, building a rental portfolio, or looking to support a family member with a place to live, there are plenty of reasons to consider a second home. But before you jump in, it's important to understand the strategy and steps involved. Start with “Why” The best place to begin? Clarify your motivation. Ask yourself: Why do I want to buy a second property? What role will it play in my life or finances? How does this fit into my long-term goals? Whether your focus is lifestyle, income, or legacy planning, knowing your “why” will help you make smarter decisions from the start. Talk to a Mortgage Expert Early Once you’ve nailed down your goals, the next step is to sit down with an independent mortgage professional. Why? Because buying a second property isn't quite the same as buying your first. Even if you’ve qualified before, financing a second home has unique considerations—especially when it comes to down payments, debt ratios, and how lenders assess risk. How Much Do You Need for a Down Payment? Here’s where the purpose of the property really matters: Owner-occupied or family use: You may qualify with as little as 5–10% down, depending on the property and lender. Income property: Expect to put down 20–35%, especially for short-term rentals or if it won’t be occupied by you or a family member. Your down payment amount can be one of the biggest hurdles—but with strategic planning, it’s often manageable. Ways to Fund the Down Payment If you don’t have the full amount in cash, you might be able to tap into your current home’s equity to help fund the purchase. Here are a few ways to do that: ✅ Refinance your existing mortgage to access additional funds ✅ Secure a second mortgage behind your current one ✅ Open a HELOC (Home Equity Line of Credit) ✅ Use a reverse mortgage (in certain age-qualified scenarios) ✅ Take out a new mortgage if your current home is mortgage-free These options depend on your income, credit, home value, and overall financial picture—another reason why having a pro in your corner matters. Second Property Strategy: It’s More Than Just Numbers This purchase should be part of a bigger financial plan—one that balances risk and reward. It’s about: Assessing your full financial health Maximizing your existing assets Minimizing your cost of borrowing Aligning your purchase with your long-term goals Ready to Take the Next Step? There’s no one-size-fits-all answer when it comes to buying a second property. That’s why it helps to talk things through with someone who understands both the big picture and the small details. If you’re ready to explore your options and build a plan to make that second property dream a reality, let’s connect. I’d love to help you take the next step with confidence.
By Matthew Chan April 15, 2026
If you're a homeowner juggling multiple debts, you're not alone. Credit cards, car loans, lines of credit—it can feel like you’re paying out in every direction with no end in sight. But what if there was a smarter way to handle it? Good news: there is. And it starts with your home. Use the Equity You’ve Built to Lighten the Load Every mortgage payment you make, every bit your home appreciates—you're building equity. And that equity can be a powerful financial tool. Instead of letting high-interest debts drain your income, you can leverage your home’s equity to combine and simplify what you owe into one manageable, lower-interest payment. What Does That Look Like? This strategy is called debt consolidation , and there are a few ways to do it: Refinance your existing mortgage Access a Home Equity Line of Credit (HELOC) Take out a second mortgage Each option has its own pros and cons, and the right one depends on your situation. That’s where I come in—we’ll look at the numbers together and choose the best path forward. What Can You Consolidate? You can roll most types of consumer debt into your mortgage, including: Credit cards Personal loans Payday loans Car loans Unsecured lines of credit Student loans These types of debts often come with sky-high interest rates. When you consolidate them into a mortgage—secured by your home—you can typically access much lower rates, freeing up cash flow and reducing financial stress. Why This Works Debt consolidation through your mortgage offers: Lower interest rates (often significantly lower than credit cards or payday loans) One simple monthly payment Potential for faster repayment Improved cash flow And if your mortgage allows prepayment privileges—like lump-sum payments or increased monthly payments—those features can help you pay everything off even faster. Smart Strategy, Not Just a Quick Fix This isn’t just about lowering your monthly bills (although that’s a major perk). It’s about restructuring your finances in a way that’s sustainable, efficient, and empowering. Instead of feeling like you're constantly catching up, you can create a plan to move forward with confidence—and even start saving again. Here’s What the Process Looks Like: Review your current debts and cash flow Assess how much equity you’ve built in your home Explore consolidation options that fit your goals Create a personalized plan to streamline your payments and reduce overall costs Ready to Regain Control? If your debts are holding you back and you're ready to use the equity you've worked hard to build, let's talk. There’s no pressure—just a practical conversation about your options and how to move toward a more flexible, debt-free future. Reach out today. I’m here to help you make the most of what you already have.