Take Advantage of New Rules
New rules in the Toronto real estate market make triplexes and other multiple unit houses possible and affordable.
The zoning change in 2023 allowing for multiplexes in single family neighbourhoods means you’ll have more affordable choices about where you can live in a FlexPlex®. Before, only a limited number of very expensive lots were zoned for triplexes.
The City of Toronto is also eliminating development charges on the construction of duplexes, triplexes and fourplexes while raising them on condos. Development charges on four similar condos will be $321,000. The develop charge savings makes the triplex a highly attractive alternative for today’s home buyer.
Are you ready to explore the possibility of FlexPlex®?