Toronto Multiplex: 1 Home to 5 Units + NO Development Fees or HST?!
A single family home in Toronto turned into a brand new fourplex plus laneway suite producing nearly $20,000 a month in rent. We break down the purchase price, construction costs, financing, rents, finished value and the new zoning rules that made this project possible. Plus, architect Craig Race explains why Toronto’s changing housing policies are creating new opportunities for small-scale developers and real estate investors.…