Property Development Report
Please click here for Laneway & Garden Suite info
Property development reports (PDR) include a zoning by-law review and site analysis study. Let us tell you how to maximize your property!
(Pricing ranges from $300 - 500 + HST depending on the scope of work.)
Includes:
Site Assessment
Applicable Zoning By-Laws
Development Summary
Construction Budget Numbers
Schematics
OTP Design Property Development & Investment Outline
Site Selection for Investment Properties
- Size of land and location
- Applicable zoning by-laws for the subject property
- Site features to work around such as trees, steep slopes, shared driveways, right-of-ways or easements
- External authorities governing the lot such as TRCA, RNFP, TTC, Metrolinx, etc.
- Proximity to public transit, shopping and services
- Whether the current home is vacant or tenanted
- For laneway/garden suites, the distance to the nearest fire hydrant and firefighting access path
OTP Design's Property Development Report (PDR) analyzes all the above to ensure the property is a worthy investment.
Choosing the Right Property Type for Rental Income
- Wider lots can have the feasibility to sever them into 2 or more lots
- Longer lots can accommodate a laneway or garden suite in the backyard
- Multiplex configurations from 2 to 6 units and height potential from 2 to 6 storeys tall
- Unit layouts can be one per floor, back-to-back, stacked, etc.
- Option to condominium a property so each unit can be sold separately