Today, we have Kristen back on the Podcast! She is an extremely knowledgeable architectural designer, and today we go over three real projects and what doing an ADU or conversion actually looks like in Ontario.
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About the podcast:
Alexandra Tejeda (@teamtoronto) is a Realtor in Toronto and loves guiding investors and first time home buyers through the process of building wealth. She looks at all of her clients as investors! She is currently looking to get her first investment property as well and is passionate about real estate investing. However, she recognized a gap in the market. She is always listening to podcasts and realized that most of the people being interviewed were men - which is fine, but she just wanted to promote a different perspective. Alexandra prides herself on learning daily and has really enjoyed interviewing these seasoned female investors in and around the GTA! This podcast is for both new and seasoned investors, and the goal is to create a positive, powerful and female-empowered investing group!
About the Guest:
Kristen is a graduate of the Architectural Technology program at Mohawk College, where she graduated in 2019 with honours. Through co-op program experience she worked in many fields but found a passion for residential design and construction. Since graduation, she has also obtained her BCIN with the Ministry of Municipal Affairs and Housing. Kristen has a strong interest in architecture and design, finding that it is the perfect match for creativity and technicality. She is from Owen Sound, but discovered an appreciation for Niagara and the surrounding areas during her time at college. Kristen is passionate about working alongside clients to achieve their vision and turn it into a reality.
1:06 Different conversion types
1:17 Going over an ADU/Garage conversion
2:48 Construction & conversion timelines
3:24 Rental rates in St.Catherines
3:51 How much does an ADU cost?
4:45 Ideal layout for ADU
7:07 Different costs associated with different projects
8:17 Payment plans for different projects
9:32 What is included in the project?
11:30 Kristen Introduction
13:00 The 3 unit conversion
14:51 Getting the correct permits & bringing everything up to code
15:48 Timeline of converting a duplex into a triplex
16:35 Having tenants living in the project while renovating
17:03 How much did this conversion cost?
18:50 What are the most expensive pieces of an ADU/conversion?
21:16 Why do homeowners choose this route?
21:45 Fourplex to sixplex conversion
25:30 The cost of bigger conversions
27:12 Finding opportunities with investment properties
28:26 The benfits of ADU’s & Conversions
29:25 What are the main benefits of ADU’s & Conversions
30:45 Bill 23 & the need for housing
31:17 Kristen's socials
Socials (follow ya girl)
Insta @teamtoronto
TikTok @alextejeda_
Email [email protected]
Follow Kristen
Insta @Jordanstationdesignco
Insta @kmcnuttdesign
CHECK OUT MY FREE RESOURCES:
https://linktr.ee/Alextejeda_
#realtor #realestateagent #realestateinvesting
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Welcome to the Female Investor Podcast, where we feature successful female real estate investors in Toronto and the Greater Toronto Area. Our guests share their experiences and insights on navigating the local real estate market, building their portfolios, and overcoming challenges as women in a male-dominated industry. Whether you're a seasoned investor or just starting out, our podcast provides valuable tips and inspiration to help you succeed. Join us each week
