Guide To The New Multiplex Bylaws and How Toronto’s Property Owners Can Seize The Advantage To Expand Their Existing Properties

00:00

10.19 

Highlights 

• [1.39] – The Province plans to create 1.5 million homes over the next 10 years.
• [2.46] – 20% drop in housing competition in 2022 which Toronto makes plans to avoid in the coming years.
• [03:14] – Already 300 proposed housing projects to begin in Toronto with 2 skyscrapers topping up at 75 stories.
• [3.27] – Towers take years to construct and cannot fulfill the need for housing alone.
• [8.10] – More insights into the design of safe and efficient multiplexes.
• [8.53] – Add environmental, and sustainable facilities and structures such as solar panels, low carbon materials, future electric vehicle charging parking options, and more.

In this episode of The Suite Spot Podcast, I shared insights into why Toronto needed the new multiplex bylaws, key aspects of the bylaw amendments, and how interested property owners can seize the advantage to build safe, efficient, and comfortable multiplexes with up to 4 units.

To learn more, click the link to access our multiplex zoning bylaw cheat sheet detailing all the bylaw requirements. Also, subscribe to our blog to receive in-depth information about making sound property investments in Toronto.

Ron Quotes 

“Multiplex is a sustainable way to build homes that can accommodate more than one family” – Ron De Coteau 

“Low-rise residential homes with multiplex units make efficient use of land and offer a diverse range of housing options for different residents at different stages of their lives resulting in more vibrant neighborhoods” – Ron De Coteau

“Different regulations may apply to Multiplexes compared to single-family unit buildings to ensure efficient and comfortable homes for Torontonians ” – Ron De Coteau

Connect with Ronald De Coteau:

• Website – https://propertypathways.ca/
• LinkedIn – https://www.linkedin.com/in/propertypathways/
• Instagram – https://www.instagram.com/propertypathways/
• Twitter – https://twitter.com/ronald1
• YouTube – https://www.youtube.com/@propertypathwaysontario133
• Email at ronalddecoteau@propertypathways.ca