Protected: Apartment Building for Sale – Twelveplex – South Parkdale

Posted by:     Tags:  , , ,     Posted date:  July 6, 2011  |  2 Comments


July 6, 2011


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Addy is a full time REALTOR with a passion to help generate wealth through Real Estate. He's also an avid motorcyclist, car enthusiast, music junkie and lover of gadgets. He can be contacted by calling 1-877-HEY-ADDY (439-2339)






  • qmanrei

    What are the benefits and drawbacks of having an unregistered unit in a multi-family building?

  • http://www.TorontonianOnline.com Addy Saeed

    that’s a good question…

    The bad thing is that its not registered with the city. If the city was to ever inspect the space, it would be deemed unsuitable to live in. As an investor, we see these all the time and as long as there are no safety issues, I personally wouldn’t have a problem with one extra unit.

    The extra units are usually found in the basement of multiplexes and are either occupied by the super or rented out at a very competitive price.

    In a nut shell, as long as the units are safe, no one comes knocking to check and see if all the units are legal.

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    Addy Saeed

    Real Estate Sales Representative

    RE/MAX Active Realty Inc., Brokerage

    Office: 1-416-292-6777

    Direct: 1-877-439-2339

    This is Addy Saeed's blog who is a full time REALTOR® in Toronto, ON and what his views are about different aspects of his practice. Addy is also involved in different projects, community and charity events and will often comment on them as well.

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