I really like your videos. They are well done and informative. The one complaint I have is that the background music makes it hard to hear what you are saying.
Great video. Do you have any video explaining the cost of multi rental unit conversation? Isn't the financing option not feasible because of high interest rate ?
4 units are exempt from Dev charges. But what if the building being built is 5units. Do 4 of the units get exempted? Or does Dev charges apply to all 5 at that point?
Toronto is to expensive for first time buyers that’s the problem. I find ottawa, Windsor and Edmonton affordable. Which would you recommend ? And do they have this policies too?
@@suiteadditions thanks dude love your work my only issue is location. in regard to income to house prices toronto is WAY overvalued 23:1 while Windsor is 9:1 ! any video you made in dealing with banks that when you turn a house into a duplex you can use the added equity value for a downpayment on a second home?
Ottawa has become far from affordable, when you consider the lower wages and proportionally lower high paying careers it can actually feel more expensive the many larger cities
A great introu video! Unit means kichen+bath+parking etc. Original building will be smashed down and rebuilt? If you could take some examples, it would be better. thanks again!
Hey Suite Additions team! Hope you guys are doing well. We have a channel with over 45k subscribers primarily doing lifestyle content focusing on producing content within the Korean demographic. We want to start getting more into the real estate/real estate development market and would love to collaborate with you guys to create some content together! Please feel free let us know thanks !
I currently have a multiplex with 5 units. If i have all the space in the back, can i build the Garden suite / Laneway house as a 6th unit? Is this allowed? Or is there a cap on how many units you can have? I havent seen an answer anywhere to this yet..
Until the LTB backlog catches up, getting into the landlord game is very high risk. Amateur landlords are bidding up housing prices with dollar signs in their eyes and pricing out first time primary residence owners. Stop hoarding shelter and the price wars go away.
Great video and explanations, thank you!
Sorry you don’t need the background music
I really like your videos. They are well done and informative. The one complaint I have is that the background music makes it hard to hear what you are saying.
Thank you for the feedback
Hi, Thanks for this great info Video. Does all this multiplexing include Richmond Hill too.?Thanks.
@arifin1954 My pleasure. Unfortunately not yet in Richmond Hill as far as I know. They do allowed 2 units and garden Suites though.
Another great video and details. I'm always watching these to educate myself. Are there any videos on the garden suite/ARUs for city of Cambridge?
I enjoy your concise videos. Do you have any that show an attached two car garage conversion to a rental living unit?
Thank you. I don't have any examples but that's a great option as well.
@2.30 hey that’s my property.
Amazing! 🙏
Awesome work . How or where can I buy plans to be able to have a contractor build what I need in my town
Excellent videos, you need the background music
Great video. Do you have any video explaining the cost of multi rental unit conversation? Isn't the financing option not feasible because of high interest rate ?
Great idea for a future video!
4 units are exempt from Dev charges. But what if the building being built is 5units. Do 4 of the units get exempted? Or does Dev charges apply to all 5 at that point?
I believe it's only up to 4 units in the main house and 5th unit is exempt only if it is a detached unit.
Toronto is to expensive for first time buyers that’s the problem. I find ottawa, Windsor and Edmonton affordable. Which would you recommend ? And do they have this policies too?
Windsor has great progressive policies and much cheaper housing
@@suiteadditions thanks dude love your work my only issue is location. in regard to income to house prices toronto is WAY overvalued 23:1 while Windsor is 9:1 ! any video you made in dealing with banks that when you turn a house into a duplex you can use the added equity value for a downpayment on a second home?
Ottawa has become far from affordable, when you consider the lower wages and proportionally lower high paying careers it can actually feel more expensive the many larger cities
It’s too expensive due to shit like this being presented in this video lol
@@kyleclement2015 I mean Ottawa suburbs. An hour away has some great deals. In Toronto even two hours away the prices are similar than downtown!
A great introu video! Unit means kichen+bath+parking etc. Original building will be smashed down and rebuilt? If you could take some examples, it would be better. thanks again!
You can demo building or keep it. We generally like to keep existing building.
@@suiteadditions thank you so much. I wonder do you have an example to build a garden suit on a pie shape land? thanks again
Hey Suite Additions team! Hope you guys are doing well. We have a channel with over 45k subscribers primarily doing lifestyle content focusing on producing content within the Korean demographic. We want to start getting more into the real estate/real estate development market and would love to collaborate with you guys to create some content together! Please feel free let us know thanks !
Please reach out to me at contact@suiteadditions.com and we can discuss further. Thanks!
I currently have a multiplex with 5 units. If i have all the space in the back, can i build the Garden suite / Laneway house as a 6th unit? Is this allowed? Or is there a cap on how many units you can have? I havent seen an answer anywhere to this yet..
@luckylucciani8534 not under current bylaws but you can try pushing for a zoning amendment with the city.
Is this only for Toronto or applicable to Oshawa as well?
Toronto only as far as I know but other cities have similar policies.
Nice
and also 8 vehicles per bulding...
Until the LTB backlog catches up, getting into the landlord game is very high risk. Amateur landlords are bidding up housing prices with dollar signs in their eyes and pricing out first time primary residence owners. Stop hoarding shelter and the price wars go away.