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Updated over 3 years ago on . Most recent reply

Thoughts on buying a 4-plex thats currently R1 zoned ?
Hi BP! So, I have found an off market fourplex but its currently zoned for a SFH (R1). There is a big city centre plan thats been happening and zonings are changing. There is a housing crisis and the city is getting dense, low supply high demand. My question is should I still go for this 4plex despite the zoning? There is potential it could change in the future with the city plan, I could try to get a legal non-conforming letter from the city if its applicable and/or try to rezone it but what if I'm not approved? Is it worth the risk? Anyone experience this? how did you troubleshoot?
Most Popular Reply

Thank you Roy, will try that!