Building A New Multi-Family Building In Canada - The Ups, Downs and Costs of Construction - Part 1
Channel: Darren Voros
Date: 2023-10-17

✅ My Ultimate Development Workshop (Canada Tour) is HERE: 
Ottawa | Toronto | Virtual 
https://www.darrenvoros.com/development-workshop-tour

Are you interested in building a new multi-family building in Canada?  Then you've come to the right place.  Welcome to The Ultimate Development Site Visit series, where I take thirty of my development students around my Dufferin St. site in Toronto and answer all their questions about my 8 unit new build.  Part 3 is all about CONSTRUCTION - the UPS, the DOWNS and the COSTS you should expect.

Stay tuned for Part 4 next week!

00:00. Intro
00:30. What Type of Construction Contracts Do You Have On This Project?
01:59. What Are The Construction Hard Costs On This Project?
03:00. For Electrical Needs, Did You Have To Go Up To 400 Amps?
03:22. Does That Change or Affect The Electrical Efficiency?
05:23. How Long Will It Take To Get To 400 Amps?
06:12. What's The Cost Of A Ready To Build Project vs One That's Not?

The Cross Canada ULTIMATE DEVELOPMENT WORKSHOP Tour:
https://www.darrenvoros.com/development-workshop-tour

I will be visiting 3 locations across Canada:  Calgary, Ottawa and Toronto. The workshop will give you a personal and interactive approach to learning development.  And for those of you who can’t attend in person, I’ve added one additional day where I will host the workshop live and online.  Check out the LINK below and register for the one day workshop!

THE ULTIMATE DEVELOPMENT COURSE:
https://www.darrenvoros.com/developmentcourse

****DISCLAIMER:
With any and all investing you should always obtain independent legal, taxation and financial advice from a licensed professional before investing any of your own money. 

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My favourite real estate investing software
Legal - https://www.lawdepot.ca/?pid=pg-0EG7S51CZG-generaltextlink
Project Management - https://mondaycom.grsm.io/darrenvoros6613
Property Analysis - https://dealcheck.io?fp_ref=darren84

Have a question? Best to comment on YouTube or DM on Instagram or Facebook.

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Darren Voros

Darren’s diverse skillset has taken him to many stages around the world. He has been featured as an on-air renovation expert on “The Goods” (CBC) and “CityLine” (CityTV). Darren was also the behind the scenes contractor on “Save My Reno” (HGTV) and “Game of Homes (W Network).
Darren is an accomplished real estate investor, trainer and coach. He controls a portfolio of properties worth just over $30,000,000 and has travelled across North America educating, inspiring and motivating audiences on the subject of real estate investing, financial independence and financial literacy. Darren’s willingness to give back prompted him to launch his YouTube channel in 2020 in order to have a wider reach in educating investors.