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Recent content by ihocking

  1. ihocking

    Getting a residential mortgage for a 6plex

    Yes , just call Rbc directly , they will do up to 6 units. Usually with 25% down and of course they will want to see the numbers and it needs to cash flow.
  2. ihocking

    Opportunity to JV on a legal second suite

    The Property: We have under contract a Legal Duplex in the town of Collingwood, Ontario. It needs new shingles and the rents are a little below market (Approx $500 per month between the two units). It occupies a corner lot. The contract price is $499k. We own two other second suite properties a...
  3. ihocking

    Ontario Residential Tenancy Agreement Template Wanted

    Hi Tracey I haven't reviewed the lease templates but you did mention that you were leasing a townhouse 'Condo'. If the Condo has specific Condo rules (They probably do) you may want to adapt a clause, or add one, that mentions that a breach of the condo rules (Attached as a schedule) 'may'...
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