5 Units Per Lot in the Greater Toronto Area is Here!

Are you looking for your license to print money in the Greater Toronto Area?
With some of the latest municipal zoning changes that are allowing for up to 5 units is going to be your ticket to success!
In today's video, top Canadian mortgage experts Josh Findlay & Ehren Laycock from @thefindlayteam are back for another Finance Friday video to break down discuss the specifics on how to go about financing 5 units in the GTA and the intricacies around what you need to do to acquire or build these units and then transition into long term debt.
Josh and Ehren want to make sure you are able to do this properly from the onset so if you have any further questions that may have not been covered in this video make sure to leave a comment below or reach out to them on Instagram!
Did you enjoy and get value from this video? Let us know your thoughts and if you got any value from this discussion in the comment section below!
Want to thrive & succeed in the 2024 Canadian Real Estate Market?
Check out these other videos with Josh & Ehren:
Top Locations To Purchase Investment Properties in 2024 - • Top Locations To Purch...
The Ultimate Guide To Buying Real Estate in 2024 in Canada - • The Ultimate Guide To ...
The End Of Multifamily BRRRRs in Canada? | Major CMHC Repositioning Changes Imminent - • The End Of Multifamily...
How To Ensure Your CMHC Application Gets Approved - • How To Ensure Your CMH...
Follow the Findlay Mortgage Team on UA-cam:
/ @thefindlayteam
Broker Lic# 12360
For more information check out Josh & Ehren's Website:
www.findlaymortgage.com/
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More Finance Friday Videos with The Findlay Mortgage Team:
• Real Estate Financing ...
Follow & Connect with Findlay Mortgage Team on Social Media:
Josh - 519-729-9212
Ehren - 226-980-5048
Facebook - / findlaymortgages
Instagram - / fmtmortgages
UA-cam - / @thefindlayteam
Josh Findlay on Instagram - / jfins
Ehren Laycock on Instagram - / laycock22
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0:00 - Your License To Printing Money in the GTA
0:35 - 5 Units Per Lot in the GTA is Here
1:52 - Difference in Acquiring A Preexisting Building & New Construction
5:20 - How To Purchase Preexisting & Transition to CMHC
8:33 - Building From The Ground Up
13:01 - Determining Value of Outbuildings
14:11 - Massive Opportunities with 5 Units in the GTA
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#CanadianRealEstate #CMHC #realestate

[@reubenvandenassem4301]

Great video Josh and Ehren!

[@murrylonghurst3796]

Thanks for the update been listening to you guys for a few years now in the Windsor are for bit hopefully we can meet

[@CanadianRealEstateChannel]

We do make appearances at meetups all over Ontario :)

[@asquarefield]

Trying to understand the benefit of turning triplex/fourplex into a 5plex then getting CMHC commercial mortgage vs just getting a 5plex from the get-go. Is it because the purchase price of fourplex is much cheaper than 5 unit commercial property? Easier to maximize gross rent? Easier to find triplex/fourplex in GTA?

[@CanadianRealEstateChannel]

Typically we can get a lot
More out of our inputs. So 1 dollar in can be 1.3 out or more.