It's like buying a condo, but in a house instead of a building. For more info visit www.HouseCondosForSale.com
You can buy a unit (self-contained apartment) in a duplex, triplex or fourplex from $250k to $400k.
It's basically an apartment that you own and can sell when you want. This may be a great solution for you if you're looking for a place to live or if you're an investor given the lower price point than what's currently being offered in Durham Region.
Owner-Occupiers (if you live in the unit): 1. Have your own space and not share any living space Stop paying rent and start building equity 2. Renovate your unit and add equity 3. Sell it whenever you want
Investors: 1. Rent out the unit(s) 2. Renovate your unit(s) and add equity 3. Sell whenever you want 4. Reduce the downpayment needed from 20% to 10% or even 5%
The video in this listing explains how it works. You can also see it here https://youtu.be/ny3kFoYzQ9s
The legal term for this arrangement is called Co-Ownership. I have assembled a team of professionals to guide you through this process - at your pace.
Please contact me for more information. I am friendly and not pushy.
Chad Pescod Real Estate Sales Representative Right At Home Realty Inc., Brokerage Oshawa 905-665-2500