Part 5: The Coach House Advantage
Not ready to jump into a multi-million dollar 8-unit building? There's a smaller, faster, lower-risk entry point.
The coach house strategy has become one of the most popular ways for Ottawa investors to start building multi-unit portfolios.
Here's why.
P.S. You can download the booklet that shows pictures of all these Coach House models here.
The Spadina Model: 485 Square Feet
Our Spadina coach house is a one-bedroom unit with full kitchen, bathroom, living area, and bedroom—485 square feet of well-designed space.
Construction Cost: $195K + HST
Monthly Rent: $1,800-$2,000 (we'll use $1,800)
Annual Income: $21,600
Finance at 7% over 20 years = $18K annual payment
Annual Cash Flow: $3,600
Go Bigger: The 517 sq ft Model
Our "Go Big or Go High" model puts a 517 sq ft coach house above a garage.
Cost: $320K + HST
Monthly Rent: $2,200-$2,500
This maximizes income potential on larger lots.
Next: Module 6 walks through a complete 8-unit conversion from start to finish—the property, the financials, and why staying under 10 units is critical.
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