Nothing I am about to describe in this article is completely new. It may simply be something you did not realize was so viable, realistic and within reach in a market like Toronto. Disclaimer: Consult with the city, planners, lawyers and contractors prior to jumping into this.
Tying it together:
My last article was built off the premise of buying a cash flowing real estate investment instead of buying your own home in downtown Toronto. The numbers showed that buying a condo in downtown Toronto resulted in a ~ 4% ROI.