Carriage houses are finished living spaces located at the rear or on top of a property whereas a suite is a finished living space located within a home. These spaces are often rented out for additional income.
A carriage house can be built off of a current structure such as a home, on top of a garage or on a vacant lot. Both carriage houses and additional suites are great options for families or young professionals looking to make home-ownership more affordable. A laneway house is a carriage home built in a laneway.