Transforming a Single-Family Home into a Fourplex In Toronto: How To Get It Done!
We're diving into a seemingly unicorn topic - turning a single-family home into a fourplex in Toronto.
This is something that got many people interested in multiplex conversion opportunities once the multiplex changes got passed in Toronto, but not many people are actually actioning on.
A lot of it has to do with the capital required but it also has to do with just generally not knowing how to get it done.
So in this video, let’s dive into all of this. Stick around, and let’s get started.
NOTE: This video is for educational purposes only; it does not guarantee future performance or serve as financial advice.
Elevate is a one-of-a-kind real estate investing service for Toronto. We help you with planning, decision making, and physically assist you with getting your investment property up and running.
0:00 - Intro 0:33 - Toronto's New Multiplex Rules 1:25 - What Makes A Good Project To Convert? 2:52 - Toronto Multiplex Conversion: Costs & Timelines 4:20 - Capital & Cash Flow Analysis 5:30 - Refinancing Opportunities 7:04 - How We Can Help
