Skip to content
Ourboro logo
  • Our Model
    • How It Works
    • See the Math
    • What’s the Catch
    • Calculator: Buy Now or Later
  • About Us
    • Our People
    • Our Regions
    • Press
  • Referral Partners
  • Resources
    • FAQ
    • Blog
    • Glossary
    • Take Our Quiz
    • Homebuying Info Session
Menu
  • Our Model
    • How It Works
    • See the Math
    • What’s the Catch
    • Calculator: Buy Now or Later
  • About Us
    • Our People
    • Our Regions
    • Press
  • Referral Partners
  • Resources
    • FAQ
    • Blog
    • Glossary
    • Take Our Quiz
    • Homebuying Info Session
Get Started

Get in touch

Back to glossary

What is Zoning?

Zoning refers to the permitted uses of land in a specific area, as well as any applicable restrictions or requirements including those related to building height, setbacks, or parking.

Used to divide a municipality into zones, or districts, zoning by-laws promote orderly and sustainable land use, protect the environment, and ensure that future development is in line with needs and character of the community. 

Why is this term important?

Zoning can have a significant impact on the future value, use, or design of a property. It’s important to review the zoning of a property and community before you purchase so that you know what to expect in the area.

Here is an example:

A zoning by-law may designate certain areas as residential, commercial, or industrial, and prohibit certain uses in each zone to maintain the quality of life for the residents.

For example, a property located in a residential zone may not be able to be used as a commercial storefront, depending on the area’s zoning. There may also be restrictions around building height and setbacks which would need to be reviewed before extensive renovations take place.

Related Terms

Future Value

Related Resources

How It Works

As your co-investor, we purchase a share in the future…
Read More

Share

Share in the ownership of your home, without having to share the remote.

Get Started
Get in Touch

Join our mailing list.

Not ready to buy a home but want to stay in the loop about Ourboro and co-ownership? Sign up for our newsletter to be the first to hear all of our latest updates.
We promise we won’t send you spam and you can unsubscribe at any time.
  • Get Started
  • Contact Us
  • Careers
  • Privacy Policy
  • Terms of Service
  • Partner Login
  • Homebuyer Login
Instagram Facebook Twitter Linkedin Youtube Tiktok Pinterest

© 2023 Ourboro Inc.

Have a question or some feedback for our team?

Send us a quick note and we’ll be in touch as soon as we can.

Not ready to get started with Ourboro?

Get a crash course on co-ownership, and stay in the loop with Ourboro, by joining our mailing list.

We promise we won’t send you spam and you can unsubscribe at any time.

Be rent-free in 2023. Co-own with Ourboro.
Get in Touch