Very intriguing. Beautiful builds. Would be great to see a follow-up interview in 6-months to go through the numbers and see what challenges have emerged
Unless you’re money laundering how is is this worth it ? With the lot purchase and building It , not to mention the time required he is at least 4-5 million in . And the outcome is to end up with an experimental/irregular rental ‘building/house ?
Would be nice if we had an idea if this was a good investment. 4 years is a long time to have money sit on the sidelines. Didn’t hear any specific number in the interview about the purchase.
This is great but like is 4 units enough? You could easily get like 10 units of the same size on each of these 2 new lots if you eliminate the lawn and just build 1 big building instead of the separate laneway unit… the city should approve for more units on a lot.
honestly, even if zoning allows it, no one will invest in rental property to endure the suffering of 4 renters not paying rent, not able to evict with the intervention from LTB, and rocket high mortgage from interest rate
It’s 5 minutes from the metro… parking is less an issue. Also density of this size doesn’t typically result in reduced property values… people scream that they fear it will… but that doesn’t pan out in reality.
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Amazing job! Love it! 1 unit to 10 units. Creating and building the missing middle is so important.
Very intriguing. Beautiful builds. Would be great to see a follow-up interview in 6-months to go through the numbers and see what challenges have emerged
Hey, that's a great idea!
Beautiful property!
Indeed! Thanks Andy!
Amazing video. Thanks for sharing guys. Great work!
Thanks Neil!
Nice build. Anthony is killing ittttttttt
Haha thank you!!
Well done will be interested to see all the numbers
So awesome!! Amazing job!
Thank you!
Looks stunning
The Graffiti work really makes it stand out
That's awesome!
It sure is!
Great video
Can we get more detailed costs and rent? 10 units x 2500-4000 is a large variance, whats the cap rate in this area?
Looks great! Really beautiful. What about parking? Do tenants get a choice if they need an extra lot?
Unless you’re money laundering how is is this worth it ?
With the lot purchase and building It , not to mention the time required he is at least 4-5 million in .
And the outcome is to end up with an experimental/irregular rental ‘building/house ?
Along with reducing the development charges...maybe the city should look to removing the property tax for this type of build
Would be nice if we had an idea if this was a good investment. 4 years is a long time to have money sit on the sidelines. Didn’t hear any specific number in the interview about the purchase.
What was the lot size?
This is great but like is 4 units enough? You could easily get like 10 units of the same size on each of these 2 new lots if you eliminate the lawn and just build 1 big building instead of the separate laneway unit… the city should approve for more units on a lot.
They said more units would have been an extra half million in approval costs and it probably could have been blocked by NIMBYs if it was bigger.
Nice. 2 and a half year+ approval rating is what's wrong with the GTA...
I wonder who painted the flowers on the house
3:16
The post the name of the popular graffiti artist. It escapes me but it is tagged and posted in the video.
The artist name is Chris Perez - www.chrisperez.ca/murals
honestly, even if zoning allows it, no one will invest in rental property to endure the suffering of 4 renters not paying rent, not able to evict with the intervention from LTB, and rocket high mortgage from interest rate
“Appealed by a neighbour” ah of course cant have a successful missing middle story without a NIMBY somehow trying to fuck it all up
Ruining everyone else’s property value for the sake of your own , can’t park anywhere just ridiculous these developers are ruining communities
It’s 5 minutes from the metro… parking is less an issue.
Also density of this size doesn’t typically result in reduced property values… people scream that they fear it will… but that doesn’t pan out in reality.