多伦多房主多年前改建房成出租房，收租盈利缓解住房压力

【多伦多房地产市场】多伦多一建筑师雄心勃勃：独立屋改建出租房，缓解住房压力

多伦多，2023年10月13日 —— 随着安大略省和多伦多市放宽对于独立屋的改建规定，一些前瞻性购房者已经抓住了机遇，通过将现有住宅改造成多个单元的出租房，既帮助缓解了当地住房短缺的压力，又为自己带来了租金收益。

Craig Race, a Toronto-based architect, recounts the story of GreenStreetFlats, a property development company, which in 2019 embarked on a massive renovation project to convert a 2,000 square foot single-family home into 10 rental units. The transformation involved demolishing and rebuilding the existing house, replicating an identical addition on its side, and adding a detached back alley apartment unit.

Race highlights that the approval process for such conversions has historically been riddled with bureaucratic hurdles in Toronto, including neighbor complaints about aesthetics, parking, and traffic impacts. However, recent changes to zoning regulations have eased these challenges, allowing developers like GreenStreetFlats to bypass much of the regulatory red tape.

The successful renovation project has sparked interest among other potential homeowners seeking to capitalize on the newly liberalized rules for housing conversions in Toronto. Developers are now reportedly considering similar projects across Canada, aiming to create "missing middle" housing stock that balances affordability and density.

The conversion model involves taking a single home and turning it into five or more rental units while minimizing environmental impact through energy-efficient systems and insulation. This approach is poised to become increasingly popular among developers, who can now construct dozens of such multi-unit homes in the same timeframe as converting one home.

For Race, the potential for widespread adoption of this model across Canada suggests a significant opportunity to fill the "missing middle" housing market gap that has traditionally been underserved by conventional residential development.

As the real estate landscape continues to evolve, it remains to be seen how quickly these innovative housing conversions will become the norm in urban areas around the globe. Meanwhile, Race's GreenStreetFlats and similar projects are already generating substantial rental income for their investors, underscoring the potential profitability of forward-thinking property development strategies in the face of ongoing housing shortages.

【多伦多房地产市场】多伦多一建筑师雄心勃勃：独立屋改建出租房，缓解住房压力 | 新闻头条