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
Upcoming Project: Stylish Modern Duplex With Laneway House On Busy Street In Toronto
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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
What Our Clients Say About Duplex and Triplex
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The service provided by WellCore was very professional. Very honest people.
I only have good things and only good things to say about the staff and the services provided by WellCore.
I strongly recommend.
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Jaspal from Scarborough
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They not only built my beautiful house (almost) in time but also ALWAYS show up if there are anything to be patched/fixed even months after the house was built. Alex is extremely responsible which I believe is the MOST important when you are building a house.
We have interviewed a dozen of small and big contractors and when I met with Alex with his very detailed contract, my wife and I decided to go with Wellcore. More I hear about horror stories from people around me with their contractors (there are 2 houses on my street with 2 different builders have stopped building for more than 6 months), I realize that I was very lucky to find Alex. They not only built my beautiful house (almost) in time but also ALWAYS show up if there are anything to be patched/fixed even months after the house was built. Alex is extremely responsible which I believe is the MOST important when you are building a house. Anyone can build a house but I haven’t met that many responsible GC. Thanks again for building the beautiful house. I’m (almost) sick and tired of people taking pictures of my house and yelling “you have a beautiful house” daily. :P Special thanks to Vince, Nat and Eugene. It was fun building house with you.
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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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We have completed two custom construction projects with Well Core Corporation. Staff is skilled, competent and have good customer service. They have completed everything in a timely manner, within budget and in a professional manner. We are very happy with their work and would definitely recommend them as a general contractor for private and industrial construction.
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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 )
