But, despite a loosening of bylaws allowing multiplex developments, huge roadblocks remain
, which will allow up to six units per residential lot, as well as multiplexes that can go as high as six storeys. “I think we need to push it to that level,” he says. “I think it starts to get interesting at around five units.”, has been working with Ms. Blonder’s firm and the City of Kitchener to assess the missing middle opportunities in low-rise residential neighbourhoods.
At the moment, it’s almost impossible to get financing for small multi-unit residential buildings. “That’s a huge barrier,” Mr. Greaux says. “It’s really difficult to get construction loans with any kind of a bank, especially as a small-scale developer trying to do these triplexes and duplexes. You may have a little bit more luck with the credit unions, but if you want more free-flowing capital, you’re going to probably have to lean on private capital.
But Mr. Gosai, who is a lawyer and a realtor, points out that this kind of innovation in small scale housing finance won’t take off without significant shifts in lending practices, zoning bylaws and the kinds of demanding safety codes designed specifically for condo or strata title. who were living together in a house in Port Perry, Ont., and had been turned down for a building permit because the local bylaws didn’t permit that kind of occupancy.explains, “The city wanted to have them register as a rooming house because they shared the kitchen and they said ‘We are not a rooming house. We don’t want to be inspected. We don’t want to have to pay the fees that go along with rooming houses.
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