Luxury Duplex To Triplex Conversion – Episode #68
After a long 9 months of planning and renovating, this renovation project in Toronto’s Upper Beaches is finally complete! With approximately $230,000 worth of renovations and a legal conversion from Duplex to Triplex, this investment property is now a luxury income property. This property was originally purchase for $525,000 back in March 2011 and is valued today around $900,000. The monthly cash flow is approximately $700 per investor. A lot of thought was put into the design of this property and many challenges were faced. In the end, a lot of heart went into this project and the celebration was well worth it. Cheers to the all the hard work and the success it brought. Thank you guys!