The zoning often does not allow it, and the condo market too is somewhat saturated. It is also expensive afterwards to convert, although it is...
Home trust is a bank.
They had a run on the bank, thus had to borrow using very expensive money and the stock cratered. It has NOTHING to do with...
In theory, you are right. In practice, you're not.
This reminds me:
In theory, there is no difference between practice and theory.
The more tenants the better, usually .. but not always !
So ? Who buys office towers these days ? This is a residential real estate discussion forum !
Is it zoned commercial ? If so, then yes the rent MAY BE higher .. or not. Depends on area, layout, traffic, curb appeal .. but not necessarily !
Investing in Toronto and Vancouver area is risky at this moment for cash-flow ie buy-and-hold investors. Speculation abounds and doable for those...
So, what is your question ?
Rent is always capped.
Running a B&B is not real estate. It is a business with high operational costs. Are you looking for a job, or an investment ?
Are you legally allowed to evict mentally unstable tenants as per the very tenant friendly ON rent control laws ?
Best cash flow would be renting...
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