TORONTO MULTIPLEX: 1 Unit To 10 Units

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This week we took a trip downtown to see Craig & Leonid's incredible work on this multiplex project!
This property was a small, single-family home. Now it has been severed into two separate lots, each with a fourplex and laneway suite. 1 unit before. 10 units today.
This project is one of Toronto’s early examples of a new “missing middle” typology seeking to infill established neighbourhoods with neighbourhood-oriented rental housing. The FOUR+1 (a fourplex with a laneway or garden suite) has new permissions that allow for shorter approval timelines and lower development costs.
Check out Craig & Leonid...
Craig Race - craigrace.com/
Leonid Kotov - www.greenstree...

Опубликовано:

4 окт 2024

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Комментарии : 35

@rockstarinnercircle 25 дней назад

🤔 Investing in Real Estate? Let's Chat! 📅 Book a Call: form.jotform.com/242254043973254 📧 Email: Members@RockStarBrokerage.com

@beachinvesting Год назад

Amazing job! Love it! 1 unit to 10 units. Creating and building the missing middle is so important.

@ibmasterblaster Год назад

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

@rockstarinnercircle Год назад

Hey, that's a great idea!

@suiteadditions Год назад

Beautiful property!

@rockstarinnercircle Год назад

Indeed! Thanks Andy!

@NeilUttamsingh Год назад

Amazing video. Thanks for sharing guys. Great work!

@rockstarinnercircle Год назад

Thanks Neil!

@tracyli1957 Год назад

Well done will be interested to see all the numbers

@zachgreenwald Год назад

So awesome!! Amazing job!

@rockstarinnercircle Год назад

Thank you!

@brandonzimmerman6944 Год назад

Nice build. Anthony is killing ittttttttt

@rockstarinnercircle Год назад

Haha thank you!!

@albertoz28 Год назад

Looks stunning

@rockstarinnercircle Год назад

The Graffiti work really makes it stand out

@ValleyInvestor 4 месяца назад

Great video

@dingdong8242 6 месяцев назад

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 ?

@tacoboutinvesting Год назад

That's awesome!

@rockstarinnercircle Год назад

It sure is!

@paulcatarino2209 4 месяца назад

Along with reducing the development charges...maybe the city should look to removing the property tax for this type of build

@darrenteo388 Год назад

Looks great! Really beautiful. What about parking? Do tenants get a choice if they need an extra lot?

@StoCoBoLoMC Месяц назад

Can we get more detailed costs and rent? 10 units x 2500-4000 is a large variance, whats the cap rate in this area?

@shawnrea1 Год назад

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.

@Jcava5 10 месяцев назад

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.

@btfrost 6 месяцев назад

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.

@gorancyvr Год назад

What was the lot size?

@EcHo8484 7 месяцев назад

Nice. 2 and a half year+ approval rating is what's wrong with the GTA...

@andreamarkovac6149 Год назад

I wonder who painted the flowers on the house

@ibmasterblaster Год назад

3:16

@chantalsuzzane Год назад

The post the name of the popular graffiti artist. It escapes me but it is tagged and posted in the video.

@rockstarinnercircle Год назад

The artist name is Chris Perez - www.chrisperez.ca/murals

@huaxinzhang Год назад

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

@Jcava5 10 месяцев назад

“Appealed by a neighbour” ah of course cant have a successful missing middle story without a NIMBY somehow trying to fuck it all up

@pegasus8987 6 месяцев назад

Ruining everyone else’s property value for the sake of your own , can’t park anywhere just ridiculous these developers are ruining communities

@btfrost 6 месяцев назад

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.