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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!

To view other previous episodes that relate to this project please go to Episode #31 – How To Find Fantastic Tenants and Episode #29 – The Long Slow Flip Strategy