Toronto is a unique city for Duplex and Triplex development.
Less than a year ago, On May 10, 2023, the Toronto City Council adopted the Official Plan Amendment and Zoning By-law Amendment to permit Duplex, Triplex, and Fourplex development citywide as a measure to solve the housing crisis. That opened a door for massive investment opportunities for regular homeowners and professional real estate players.
Investing in Duplex or Triplex
Suppose you own a small bungalow or detached house. In that case, it is an incredible opportunity to gain additional substantial income, which can help you achieve your bucket list: early retirement, the best education for the kids, or traveling around the globe. Most of the residential lots in Toronto can be transformed into rental properties without significant zoning battles or fees. Investing in rental properties is guaranteed income, which will be passed on to future generations.
Benefits of being a landlord
Duplex, Triplex, and Fourplex houses look like any regular Torontonian house on the street. It's not bigger than any neighboring custom home; you will hardly notice any difference with the naked eye. However, it splits into 2,3 or 4 apartments. Each apartment is an independent unit with its entrance, kitchen, washroom(s), and utilities. You can rent out all the units or keep one for yourself. It is like renting out a basement but four times more profitable!
Why Wellcore?
Wellcore Corporation is a unique construction company. Its design and construction teams are bonded into one entity, which can simultaneously provide your multiplex project with architectural and construction solutions.
We have gained profound and thorough experience in the last 17 years, developing multiunit projects from the first meeting with the homeowner to the final inspection. Designing layouts, obtaining permits, and building duplexes, triplexes, or even fourplexes require unique know-how and construction techniques that do not come with regular residential construction practice. Wellcore Corporation will provide you with the manpower of a large corporation to back up your multiplex project.
Latest Duplex and Triplex Projects
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Duplex and Triplex
Legal Multi-Family Home in Old House with Two-Story Addition
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Duplex and Triplex
Preserving History: Fourplex Conversion with Back Addition
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Duplex and Triplex
Upcoming Project: Stylish Modern Duplex With Laneway House On Busy Street In Toronto
What Our Clients Say About Duplex and Triplex
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We are very satisfied with the Second Floor addition project made by Wellcore headed by Alex, Nat and all the staff. In-fact they exceeded our expectation. From the very start of the Project, they assist us in every step of the way special mention during our quest in terms of financial we are greatly pleased for their patience. I can call them as partners like a distant relative and Friends very Profesional, and they have a Great Team we enjoyed it I'm looking forward in working with them in our next project.
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Just imagine one of those ancient downtown multi-tenant wrecks with "good bones". Alex always found an "in-budget" way to include a restoration feature, and affordable ways to solve a problem. And many thanks to Natalia for wonderful and endlessly patient design assistance. Plus, Wellcore handled all the drawings, permits, and inspections. I was so lucky to find this company and will definitely use them again.
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Jane (4.7/5 Trusted Pros score )
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Second & Third Story Addition
With three kids and one on the way, we had no choice but find a solution to our space constraints. Moving was not an option, so we contemplated renovating and expanding our existing dwelling. We interviewed numerous contractors and increasingly felt discouraged and defeated... until we met Alex and the Wellcore team. We signed a contract and soon realized that we made the right decision. They were professional, courteous, honest and responsive. Most importantly, we were on budget. We would recommend Wellcore to anyone with home renovation needs.
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Built a New House
We engaged WellCore Corporation for building a new house in Etobicoke. We interviewed many builders prior the start of project and WellCore was the most transparent and opened in the initial estimate allowing us as owners to have an influence in all phases of the project and in choosing all house finishes. During the project we were amazed with their patience regarding some neighbours that constantly harassed the crew during the building process. We as owners learned that building in our part of Etobicoke could be very challenging with hostile neighbours resisting any changes and city bureaucracy and their inspectors that are unreasonably picky in this part of the city. Honestly we really admired WellCore's professionalism dealing with many unreasonable requests from the city that were not based on written standards. Overall they provided excellent service and we are happy we went through this endeavour with them. We cordially recommend them for any major projects - new houses or major renovations.
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I couldn’t be happier with professionalism and resourcefulness of Alex and his team! Our house turned out to have a great flow with lots of air and light, thanks to lots of useful advice from Alex’s architect including a proposal to add carved out ceilings in upstairs bedrooms. All finishes look stunning and very well done. Due to peculiar positioning of the house permits weren’t easy to obtain and drawings required a lot of work – Alex’s team followed through on the entire process end-to-end and I didn’t have to worry about anything. For the same reason (house location) construction was challenging, but again, Wellcore made it all work beautifully. Thank you so much for all your dedication and making the seemingly impossible achievement to happen!
