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Want More Information on Infill Developments?
Why an Infill?
This is a great question and one that can only be answered after understanding all the risks and rewards associated with infill developments. Infill developments are a fantastic way to maximize land use however there may be a few more steps and time involved to achieve that success. Infill properties are developed in mature neighborhoods giving you the opportunity to have a new and efficient building under warranty in an established community.
Infill developments come in all shapes and sizes. You can have create a trendy home for resale and profit, or create the perfect long term hold with a Side x Side Duplex with legal secondary suites, a standalone home with a legal secondary suite or a Garage Suite, a 4-plex row housing unit, a multi-plex building set up for student housing and most everything in between.
Mature neighborhoods usually aren’t governed by a land developer’s architectural guidelines, giving you a little more freedom. That said, you still must have your building and site plans approved by the municipality. This is where some extra time and associated costs might be incurred.
Who should be considering an Infill?
If you are an investor who doesn’t mind rolling up your sleeves and getting involved to capture a little more sweat equity this may be a good option for you. Don’t worry – We also offer some turnkey infill opportunities for those of that don’t have time and just want your investment property to be in that fantastic location to attract the perfect tenants.
What do they rent for?
Infill rental investments are done on a case-by-case basis. As a result, rental incomes vary across the board. It depends on the community, the market, the home itself and many other factors.
Infill Developments are a specialty item and a can create amazing opportunities. There are several associated risks to achieve the reward so please make sure you step into these opportunities with your eyes wide open and some expert guidance at your side. We’ll help you find the perfect one for your portfolio.