All Forum Posts by: Sung Kim

Thank you Chris and Ben. That is helpful, I will check it out.

Hi BP, 

Are there lawyers and accountants that you've worked with who understand and specializes in services for RE investors? 
Please share your lawyers and accountants that you work with. 

Thanks!

Hello BP,

I purchased my first investment property in Brantford, ON.

It is a legal duplex, a 3 story detached house. The upper unit (2nd and 3rd floor) is approx 1500sqft and the lower unit (ground floor) is approx. 1000sqft. There is an additional 1000sqft of basement space a 700 of which is already finished but outdated. 

What I would like to understand is if anyone has had experience in converting an existing duplex to triplex in Brantford or other areas. I would like to convert the basement space into a legal basement apartment making this property a 3 unit property. 

Having connected with some people, I understand that my next step would be to work on getting a drawing. However, it seems that I would need to find and work with somebody that could come up with a drawing for the space and get the necessary permit with the city of Brantford. 

Does anyone have experience in a conversion like this? 

What would you suggest as the next steps?

Would you recommend anyone to help with my situation? 

Look forward to hearing your advice. 

Thanks, 
Sung