
You've seen coach houses as an entry point. Now let's talk about the main event: the full 8-unit conversion.
This is where real wealth gets built—generating $50K-$70K+ annually in cash flow from a single property. Here's a complete project breakdown.
Why 8-10 Units Is The Sweet Spot
Under Bill 23, projects with fewer than 10 units are exempt from site plan control. That means no costly feasibility studies, no 1-3 year delays, and savings of $100K-$250K.
Stay under 12 units and you avoid all of that.
Real Project: Hintonburg Duplex to 8-Unit
The Property: Old duplex on 40' x 125' lot, generating $3,600/month
Purchase Price: $750K
Construction Cost: $1.7M
Total Investment: $2.45M
Timeline: 8 months from groundbreaking to occupancy
Completed appraisal: $3.2M
Equity created: $750K.
Why Work With OGC
We're a design-build firm managing everything from architectural plans to final construction. We've done dozens of these projects. We know the city's processes, how to design for maximum unit count and rental income, and how to build on time and on budget.
Next: Module 7 gives you your 30-day action plan—the exact steps to go from where you are now to closing your first multi-unit investment.
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