Build A Duplex in Your Backyard! | 4 Units on 1 Lot in Kitchener, Ontario

4 units for 1 residential lot has come to Kitchener, Ontario!
Yes, you can now technically BUILD A DUPLEX IN YOUR BACKYARD for half the price of buying a duplex in the city of Kitchener!
In today's video, our host Adam JD Martin back sits down with our Kitchener & Waterloo Region Realtor Investor Expert, Zack Brittain of Phipps Brittain Real Estate where they cover everything going on in the region from the latest market stats and how the market is fragmented to buyer and seller sentiment.
Zack also does an indepth break down of how the city of Kitchener is now allowing 4 units on 1 residential lot and the various opportunities available like building a duplex in your backyard for cheaper then you can purchase a duplex and he also covers the 'Growing Together' Program that will lead to many opportunities for those with properties along any Major Transit Station Zone Areas!
If you're considering purchasing a property in Southwestern, Ontario this is a video you do not want to miss!
Cashflow Summit in Kitchener May - www.eventbrite.ca/e/cashflow-...
INVESTOR HOT LIST REGISTRATION: phippsbrittainrealestate.com/... Select "Investing" in the drop down!
For more information on the Waterloo Region Real Estate market contact Zack Brittain via email at [e-mail]
Check out more great content and Waterloo Market Updates with Zack Brittain & the Phipps Brittain Real Estate Team here - • Zack Brittain - Waterl...
Did you see the March Ontario Market Update feat. Zack and our other local Realtor Investor Experts?! Watch it here:
You Won't Believe What's Going on with Ontario Real Estate! - • You Won't Believe What...
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Who is Zack Brittain?
Zack Brittain was raised in Kitchener and started in real estate in 2016 after studying financing and economics at the University of Guelph. In 2018 Zack partnered with fellow realtor and longtime friend Matt Phipps to start selling and investing in real estate together as Phipps Brittain Real Estate. With experience in investment analysis, stock market portfolios, and previous exposure to real estate investing through family, the transition to real estate was natural.
Helping clients to purchase and sell real estate at a high level allows Zack to stay updated on market trends as well as opportunities. Zack and Matt at Phipps Brittain Real Estate help clients purchase and sell their homes as well as helping them to start and build their real estate portfolios. With a client-first approach, Zack and the team have grown their business and real estate portfolio every single year.
Starting with successful projects in duplex conversions and single family flips, Zack and his team have progressed into multi-unit investments and larger renovation projects in order to grow within the Waterloo Region real estate space. In the future, Zack and his team are focusing on new opportunities with garden suites, construction, larger multi-units and more!
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0:00 - Introduction
1:02 - Welcome Zack Brittain & What We Will Cover
3:03 - March Market Stats
3:27 - Market Is FRAGMENTED
4:16 - REALISTIC Inventory is super low
6:55 - Many Lurkers on the sidelines..
13:56 - Cashflow Summit Event
15:14 - Investor Hot List
17:06 - Responding To Comments
20:14 - 4 Units 1 Lot in Kitchener
26:42 - The BIG NEWS: Growing Together Program
28:18 - Major Transit Station Zone Areas
34:41 - Is the buy and hold back?
37:19 - Come to the Cashflow Summit in Kitchener
#Kitchener #KitchenerRealEstate #CanadianRealEstate

[@RocketJoshua]

Good content! Appreciate these local updates for KWC!

[@CanadianRealEstateChannel]

Thanks for tuning in!

[@bengottbg]

🔥🔥🔥

[@amandamcgee1984]

What other cities are allowing 4 units per one residential lot?

[@CanadianRealEstateChannel]

Barrie, maybe Hamilton, more to come I'm sure. Seems to be a trend.

[@2Snakes]

What should I do with 700K in cash and no job (currently living at home with my parents)?

[@CanadianRealEstateChannel]

You can get almost any commercial financing with that amount of cash, even without having a job. So you have a lot of options just be prepared to put down 35% on purchase price.