Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Canadian Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

8
Posts
4
Votes
Solome Ejigu
  • Rental Property Investor
  • Halifax
4
Votes |
8
Posts

Thoughts on buying a 4-plex thats currently R1 zoned ?

Solome Ejigu
  • Rental Property Investor
  • Halifax
Posted

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

User Stats

8
Posts
4
Votes
Solome Ejigu
  • Rental Property Investor
  • Halifax
4
Votes |
8
Posts
Solome Ejigu
  • Rental Property Investor
  • Halifax
Replied

 Thank you Roy, will try that!

Loading replies...