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Trevor House Dream

Updated 3 years ago

Trevor house:

  • Goal: A smart Investment.
  • Goal: Tenant Revenue at least enough to cover mortgage.
  • Advatange: Electrical Permits are a breeze. Lots of friends to help.
  • Concern: Market Correction from Covid.
  • Options: Buy House(Long-Term), or Condo (Short term)
  • Houses Considered + Plan:
  • House 350k-600k.

$40,000 Budget Glandford:

  • 5000 Bathrooms x 3
  • 4000 Steel Roofing
  • 4000 Flooring
  • 3500 Fencing
  • 3000 Insulation
  • 3000 Electrical
  • 2500 Tile (Kit, Bath, Backsplash)
  • 2500 Exterior Paint
  • 2000 Drywall
  • 1000 Trim + Flashing
  • 1000 Plumbing
  • 1000 Nails, Brackets, Saddles
  • 1000 Dumpster Disposal
  • 1000 Doors x 12
  • 1000 Deck
  • 800 Garage Door
  • 700 Permits
  • 500 Vapour Barrier
  • 500 Top Soil
  • 500 Plants + Trees
  • 500 Interior Paint
  • 500 Excavator
  • 500 Doorknobs, Locks
  • 0 Windows
  • 0 Furnace
  • 0 Driveway
  • 0 Drainage
  • 0 Concrete
  • 5000+4000+4000+3500+3000+3000+2500+2500+2000+1000+1000+1000+1000+1000+1000+800+700+500+500+500+500+500+500=40000

Houses:

NicknameAddressPriceBudgetEnd Goal
Duplex Zoned 2116 Cook St $658k$250k10B 4Suites
Huge Lot, Pool, Garden Suite4029 Glanford $550k$200k7B 4 Suites
Lift it, garden Suite, 113 Sims Ave $604k$180k6B 3 Suites
Lift It.Garden Suite595 Tait St $649k$150k6B 3 Suites
Smurf ski Jump 2870 Austin Ave$628k$120k5B 2 Suites