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
-
Duplex and Triplex
Upcoming Project: Stylish Modern Duplex With Laneway House On Busy Street In Toronto
-
Duplex and Triplex
Preserving History: Fourplex Conversion with Back Addition
-
Duplex and Triplex
Legal Multi-Family Home in Old House with Two-Story Addition
What Our Clients Say About Duplex and Triplex
-
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!
-
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.
-
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.
-
I would highly recommend Wellcore for your renovations. They provided a detailed budget, so we were able to see what the money was being spent on and that there were no hidden costs. Alex and his team at Wellcore stayed on budget and on schedule.
⸻
Andrew from Etobicoke, as seen on Trusted pros (5/5)
-
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!
⸻
Konstantin from King City
