Hi Andy, great video as always :) Keep it up! How do you assess city of Mississauga from ADU standpoint?
@suiteadditions4 күн бұрын
Mississauga is great because they are progressive - even with ADU preapproved plans
@CountyAuto4 күн бұрын
Hi Andy from Suite Additions. How do you think the 4 million plus temp workers and students Canada wide with expired visas with clear indications from the "new incoming" Canadian Gov explicitly saying they want them to leave, will impact the needs for rental units in Ontario specifically? Thank you.
@suiteadditions4 күн бұрын
I think things like rooming houses, small condos, studio Apts etc will have less demand. But single family homes for multigen living, multiunits, and wealthy families will be in demand in the next 5 yrs.
@Wildbore484 күн бұрын
Incoming government will also take GST and encourage reductions in PST and dev. charges off units, should boost much needed supply of townhomes and detached homes.
@CountyAuto4 күн бұрын
@@Wildbore48 The reason why I ask is because cities like my that were flooded with students and temp workers will see decrease in demand for housing. The SIGNIFICANT reduction in population trough deportation will alleviate many problems including healthcare and housing shortage………and will make incoming gov look good so they’ll have every reason to push for deportations. For us real estate investors, not so good because we can expect decrease in rents., which makes location location location that much more important. Also basement units will see the biggest impact.
@canadavj3 күн бұрын
@@suiteadditions Hi Andy , Does this mean I should sell my house near McMaster University when the time comes? I had previously planned to add a garden suite and rent it out to students. But after reading your reply, I think I have to reconsider.
@suiteadditions3 күн бұрын
@canadavj In my opinion well run students rentals near good schools like McMaster will stay in high demand.
@rayom76124 күн бұрын
Hi Andy! I am impressed with your knowledge on the ADU in Ontario! I have a detached home in Courtice and am keen to explore this opportunity.. is there any way that we can connect to see if there may be an opportunity to work on this? Thank you!
@suiteadditions4 күн бұрын
You can reach out to us at contact@suiteadditions.com - we are not servicing courtice but can connect you with someone
@jb-ce3xv3 күн бұрын
Or... instead of investing we let people start a family there?
@suiteadditions3 күн бұрын
@@jb-ce3xv Families buying and living are investing
@jb-ce3xv3 күн бұрын
@suiteadditions I met a guy he told he got a personal line of credit for $250000. Put $50000 down payments on five houses in brampton and put as many students as he can in the house.
@jb-ce3xv3 күн бұрын
@suiteadditions I would love if we encouraged people to make neighborhoods beautiful and safe and us that to increase the value but that's pipe dream
@jb-ce3xv3 күн бұрын
@suiteadditions apparently there's a guy in hamilton that did some home equity scheme to buy 40 houses