As someone who works in building municipal facilities, this is the correct but let me elaborate a little:
This is it right there. As an OPS employee the hardest part is getting a decision out of someone, anyone.
A neighbour had business repairing physio equipment and to drum up work, went to a couple of hospitals offering to test their equipment for free.
www.facebook.com
300K buy plus 200K renovation and sell for 500. What a great deal.Seeing a whole lot of these ‘ready for flip’ and ‘handyman specials in my feeds recently.
Off Market Real Estate Deals - ONTARIO | OFF MARKET!!! Detached Under $300k | Facebook
OFF MARKET!!! Detached Under $300k! Handyman Special. Flip, BRRRR, Convert. Hamilton - 0126-HAM-F01 Who’s looking for a profitable property? Attention Handymen! This 2.5 story in the heart of...
Funny because if it’s so easy….why they selling and not keeping all them GAINS!
Barton and Sherman?
My wife lived for a few months at James and Barton. Prosties in socks and crocs, drunks unconscious on the lawn, etc. Good times.
It wasn't great decades ago. I havent been down there since.
Hope you didn't meet here there.
What would three apartments bring in over a year. It might work as a rental property if it wasn't for LTB.
People think you can make apartments by boarding over some doors. Sadly, obc rears it's ugly head and you need fire and noise rated partitions. In an already constructed house, that is an expensive proposition as you need to redo every partition between the new suites, get multiple inspections etc. I suspect that municipalities will hit you with dc's too. Anything possible to make affordable housing impossible.
Or you can just rent it out by the room / month.
Paid $550 back in 2016 for room with shared kitchen and bathroom in Richmond hill. In 2012 paid $1200 (split with roommate) 2brdm 1400sq ft apartment downtown.
A buddy does it. Because of the shared spaces it is a rooming house and LTB has little to no say in the matter. It depends on access to facilities. With the right access the roomer is considered and occupant, not a tenent.
That neighbourhood never fails to disappoint. Couple of years back pucking up a buddy to go duck hunting at 3:30AM we stopped at the Timmie's at Barton and Gage (fully dressed in camo with a truck loaded with decoys and layout blinds) and was propositioned by one the evenings finest crack whores - she as willing to give my buddy and I a twofer
. I politely declined and we had a laugh all the way to the killing field. 
. Then put a new kitchen with granite and top end appliances. What a dog's breakfast. I walked thought it on one of the open houses and he had all the windows covered or something under the windows so it would not look like the window is crooked. I am amazed with some people.
A house we looked at long ago in Holland Landing had a breakfast added as an addition to the back of the kitchen. Slope was more than 3" across 8'. I looked outside and as the addition had tipped away from the house, they filled the gap with sprayfoam and added metal flashing over to shield it. Hard pass.That neighbourhood never fails to disappoint. Couple of years back pucking up a buddy to go duck hunting at 3:30AM we stopped at the Timmie's at Barton and Gage (fully dressed in camo with a truck loaded with decoys and layout blinds) and was propositioned by one the evenings finest crack whores - she as willing to give my buddy and I a twofer
I grew up on Kensington near Gage Park and that hood has always been gritty but not that 'bad'. I remember selling my parents house just after COVID for ridiculous $$ and it had issues - serious issues. The back half of the house (kitchen, dining room, laundry room and bathroom) was on cedar piles and one corner was sinking so bad if you dripped a golf ball it would race to that corner of the house - probably 5"-6". The new owner, instead of jacking the house level and putting down proper cement footings decided rip up the entire floor and rip 12' 2x10's from 5' down to zero over 24' and nailed them on top of the floor joist so that it was level again and then installed new plywood and flooring
