Part 4 Max Suite Strategy | Where Should You Invest In 2023? | Best Location In Ontario

This is the fourth of six videos where we want to introduce what we call the maximum suite strategy, which explores six components to implement in your investment journey. These six components can be broken down into our handy W.E.A.L.T.H formula, which is an acronym that happens to spell out wealth.
In this video, we explore the second component “L” which stands for the Location.
We discuss all the potential opportunities to create wealth using the max suite strategy, and how to go about finding the property in the best location to do that in.
0:00 - Intro
1:16 - “L” in the Wealth Formula
2:03 - Selecting a city or town to invest in
3:09 - Determine city policy on densification
4:10 - Find ideal neighbourhoods in a city
6:11 - What type of property to purchase
7:07 - Identifying ideal lots
8:19 - Outro
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If you haven't yet seen the other videos in this series - check it out right here: 👉
Part 1: 3 Critical Items For Second Suites, Garden Suites & ADUs - • Part 1 Max Suite Strat...
Part 2: How To Divide A House To 2, 3 Or 4 Units | Strategies To Divide A Home - • Part 2 Max Suite Strat...
Part 3: 3 Types Of ADUs - • Part 3 Max Suite Strat...
Mike's Garage Garden Suite Conversion: • How To Convert A Garag...
Read the more detailed blog version of this video to get more info: 📚 👉www.suiteadditions.com/blog
Download Our NEW Garden Suite Guide and a copy of our 8 - Point Checklist & Second Suites Beginners Guide.
📚 👉 www.suiteadditionspro.com/garden-suites
Hire Us For Your Project! You can always hire us for a Zoom or in-person consultation for your suite conversion, or hire us to help you with your suite design and permit drawings. (Consultation fees can be credited towards any design and permit package you choose to pursue. So it's a win-win!)
✉️ 👉Connect With Us: www.SuiteAdditions.com/contact
Want to learn more about our upcoming Max Suite Strategy comprehensive in-person training program? Check it out here at www.SuiteAdditions.com/training
📚 👉 Apply to be on the top of the list when more information is available.
IMPORTANT* This guide is intended for informational purposes only. DO NOT rely on the information in this guide for any real estate transactions. Since every property is unique, you must perform your own due diligence with the City and with a professional consultant. Suite Additions Inc., and its affiliates are not liable for any loss as a result of information you receive in this guide.
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[@ADUMasteryforDIYers]

Innisfil and Barrie are also great places to create ADUs, as they allow 3 units within the existing structure. I've converted my downstairs and 200 sq ft garage into an ADU!

[@amelmatt5641]

Hamilton is great, other than a rental license being required in that city. Great way to incentivize investors to alleviate the housing crisis 🙄

[@brianb7232]

Amazing content as usual! Thanks Andy

[@suiteadditions]

Thanks Brian!

[@kbenk108]

Looking forward to the in-person comprehensive program...about taking the main building and converting it into 4 units....you can have 4 hydro and 4 gas meters, but how to manage shared aspects like the roof, outside walls, yard/landscaping, eaves troughs? I don't really want to charge a maintenance fee, rather I would want the owners of each unit to manage these shared aspects themselves. How would you suggest going about that?

[@suiteadditions]

Most people doing these own the whole house, but in the future condoizing will be done which would likely require ongoing maintenance fees.

[@maxmiller6266]

hey Andy....great videos. im trying to aditional suite in Loyalist (near Kingston) i have let them know what i want and there are getting back to me, as they are not up to date on the new policy. Could you tell me a good site to find out what the new 22 policy is, as they are showing me 2019 policy building critria... this is not going to be fun......no red tape.....bs ....there is no tape :) new rules but playing with old referrees. Forgot to mention i was doing a new build on a lot.

[@RidlysEmptyNetter]

St. Catharines rightly has a reputation of being a terrible city to deal with & invest in!