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
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
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Duplex and Triplex
Legal Multi-Family Home in Old House with Two-Story Addition
What Our Clients Say About Duplex and Triplex
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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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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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With Wellcor we avoided the usual nightmare of building the house on your own. Vince's expertise as a builder and Alex's efficiency to get all the trades on time made possible for us to move back 8 months later. Prior to hire Wellcor as a general contractor we've interviewed other builders and none was even close to the budget we could afford. Wellcor built our dream house and saved us a lot of money!
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Konstantin from King City
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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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This was a large undertaking by our family. We essentially kept 3 walls and the roof. Everything else is new. The work was completed on time and on budget, which is a rarity in today's age. Thank you Alex for helping us reshape our house. We're pleased with the results and look forward to settling down in our modern home.
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Robbie, as seen on HomeStars (10/10)
