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Coach Homes Are The Future of Real Estate Investments

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At Visture Property Group we believe the next ten years will provide investors with a unique opportunity to invest in coach homes given the Ontario Governments recent Bill 23, or the More Homes Built Faster Act. Investors who already own property where a coach home could be added will be well advised to consider this investment.

You may never of heard of coach homes so here’s more info…

Coach homes, also known as carriage homes, are a popular housing trend that has been gaining momentum in recent years. These unique homes are becoming a popular choice for homeowners and investors alike due to their versatile and convenient design. In this blog post, we’ll take a closer look at coach homes and explore why they’re becoming such a popular choice.

What are Coach Homes?

A coach home is essentially a small, standalone residence that is built adjacent to a larger home. These homes are typically smaller in size, with an average square footage of around 500 to 800 square feet. They can be attached to the main home, located above a garage or even built as a separate structure on the same property.

Coach homes have been around for centuries, originally used as housing for horse-drawn carriages and their drivers. Today, coach homes are a modern take on this classic design, offering a unique and convenient living space for a variety of different lifestyles.

Why are Coach Homes So Popular?

One of the main reasons why coach homes are becoming increasingly popular is their versatility. They can be used as a rental property, a guest house, an office space, or even as a separate living area for older children or elderly parents. Coach homes are a great option for homeowners who want to maximize the use of their property and add value to their home without the need for a full-scale renovation.

Another reason why coach homes are becoming so popular is their cost-effectiveness. Compared to building a full-sized home, coach homes are a more affordable option. This makes them an attractive investment opportunity for real estate investors who are looking to generate passive income.

Coach homes also offer a range of benefits for homeowners who choose to live in them. They provide a separate living space that allows for greater privacy, making them a great option for couples or families with older children. Coach homes also offer a low-maintenance living space, with less cleaning and upkeep required than a larger home.

Finally, coach homes are an eco-friendly option. They are typically smaller in size, which means they use less energy for heating and cooling. This makes them an environmentally responsible choice for homeowners who want to reduce their carbon footprint.

In conclusion, coach homes are becoming an increasingly popular housing trend due to their versatility, cost-effectiveness, privacy, low-maintenance, and eco-friendliness. Whether you’re a homeowner looking to maximize the use of your property or a real estate investor looking for a passive income opportunity, coach homes are a great option to consider.

At Visture Property Group we’re actively building coach homes right now and will be posting updates on their progress. Stay tuned…

If you’re interested in Visture helping you with a construction project, email sales@visture.ca or call/text us 705-998-2017

Rent-Ready Renovations: You Won’t Believe The Before & After! 👀

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Are you a rental housing provider who has an outdated property or isn’t maximizing your return on investment? You shouldn’t have to feel embarrassed about a property that’s below your standards. As a real estate investor, you should be getting the most out of your portfolio and your investments.

 The #1 way to improve your rental profile and increase cash flow on your rental properties is through renovation. 

So, how can you take your existing property and make it rent-ready? Higher rents mean higher property values, but there are some important considerations to watch out for before you get started. That’s why we’ve created a free Rent-Ready Renovation Masterclass (>>CLICK HERE<<) for investors like you who are ready to take their portfolios to the next level…

We’re going to show you exactly how we were able to take a property that was only generating $1100 per month to $2100 per month in rental revenue.

You’ll also learn how to plan your renovation properly so you don’t waste time, or blow your budget so you can successfully generate a higher ROI immediately.

Come behind the scenes with us and see some of our recent Rent-Ready Renovation projects for yourself. You won’t believe the before and after!

Rent-Ready Renovation #1: Alymer – Increased profit by $135,000

Rent-Ready Renovation Project #2: Duplex Conversion in Lindsey, ON – Increased rental income by $42,000 per year

Rent-Ready Renovation Project #3: Downie – Increased rental income by $15,000 per year

Rent-Ready Renovation Project #4: Parkhill Rebuild – Increased rental income by 51,000 per year

Ready to get started?  Get free instant access to Visture’s Rent-Ready Renovation Masterclass here.

Visture Property Management is an industry leader at completing rent-ready-renovations for our clients that are fast, efficient and provide the best return on investment for our clients. We also specialize in creating accessory apartments, secondary dwelling units (SDU), duplex, triplex and additional residential units (ARU). Contact us for all details and to get in touch.

 

Why Coach & Laneway Houses are Completely Changing the Game for Real Estate Investors

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A new type of affordable housing is on the rise across Canada and it’s not old school basement suites, tiny condos or repurposed shipping containers.

A coach house, or laneway home is an accessory residential unit (ARU) on an existing property, usually built in the backyards of single-family homes, or duplexes. Most coach houses average 700 square feet per floor and can be 1-2 stories, some with garages and without.

Although municipal bylaws can vary depending on the location, you can usually avoid time-consuming and costly zoning challenges like you would with a brand-new build on a vacant property.

Here’s an example coach house project Visture is currently building here in Peterborough!


So, why is this such a game-changer for real estate investors? The emergence of coach houses or laneway homes is making it easier for people to balance the high cost of living in popular suburban areas, and for real estate investors to add supply to the marketplace, while generating additional rental income. Coach houses are a great way to completely level up your real estate portfolio and secure your financial future without having to overhaul your investing strategy. You can reap the benefits of a multi-family rental income without having to actually venture into multi-family, commercial or industrial investing.

In some instances, where investors are struggling to create cash flow, leveraging a coach house can be the catalyst to generate positive cash flow and even bigger  returns on their investment while adding supply to the rental marketplace. 

Check out these numbers and see for yourself how adding an accessory residential unit such as coach house can create HUGE cashflow!



We can help maximize your real estate portfolio with turnkey rent-ready renovations, duplex conversion, intensification projects, coach houses and complete new builds.

Click here and see how Visture can help you as a property owner.

 

CEO of Visture JG Francoeur Interviews Author of Rethinking Humanity

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JG Francoeur, the CEO of Visture Property Group, was a co-host and keynote speaker at The Great Real Estate RESET Summit hosted by The Real Estate Investment Network in November 2021. In anticipation of the event, co-hosts JG Francoeur and Patrick Francey interviewed Jamie Arbib who is the co-author of Rethinking Humanity.

In this interview, they cover:

1- The technology convergences taking place in the next few years

2- Why and how this will deeply affect real estate

3- The cascading effects that will disrupt and transform market opportunities

4- The Canadian economy and how it will need to evolve

We’re happy to help and serve Peterborough, Lindsay, Orilla and Huntsville. Please email sales@visture.ca or call/text 705-998-2017 to see how we can help you and your real estate investments. We special in turnkey property management services, sales, marketing, construction and renovation including secondary suites and duplex conversions.

Peterborough Transit Updates Policies

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Visture Property Management Peterborough has many tenants and clients that rely on public transportation as transportation plays a very big part of our every day lives. It is important that we are always updated of changes in routes and schedules. Sharing you with some changes with the transit to help our front liners and essential workers during the COVID 19 pandemic.

You can view the update in this Peterborough Transit Update – CLICK HERE

COVID19 – List of Essential Workplaces

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As a property management company in Peterborough we see that many people are being affected by COVID19 – this is no secret. The effect of COVID-19 has greatly affected a lot of businesses inside and outside Canada. On March 23, 2020, Ontario Orders the Mandatory Close of ALL non-essential workplaces as one measure to stop the spread of the COVID-19 virus.

Here are the List of Essential Workplaces that will be useful as a reference.

 

Why Credit Checks Are Critical?

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In this video we will get the full details of why the credit check is so important for every client (tenant) we select at Visture Property Management in Peterborough.

Here’s what we cover in this video:

  1. Why do we have to do credit check?
  2. Why is it the most important part of the process?
  3. What kinds of soft checks do we run in each of our tenant?

Let us hear it from the expert himself,  JG.

The Team is Growing to Serve Peterborough Property Management!

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We’re so excited to introduce our growing team! Visture Property Management Peterborough is growing very fast and we’ve been adding resources to our team to continue to serve our great clients. Both our rental clients (aka: tenants) and our real estate investor clients (those who hire us to manage their Peterborough properties) rely on Visture.

 

peterborough property managementCeline G. Mallette: As a Paralegal I get to work directly with Visture’s property management clients in order to help them solve their legal challenges. I also have the pleasure of working a Visture’s Process and Procedure Administrator which allows me to systemize the company to provide impeccable service. This is why no other property management company in Peterborough can duplicate our level of service. We are systemized for your success and to enrich all lives.

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Ryan Blundell: As Visture’s Property Management Coordinator, I get to work very closely with our rental clients (aka: Tenants). Visture provides executive living lifestyle without the hassle of home ownership and I have the pleasure of making this happen day in and day out.

Peterborough property management

 

Patrick Johnson: One of our secret’s to being Peterborough’s property management company of choice is that we have our own internal Maintenace team and I’m proud to lead that team.

 

 

 

 

 

 

 

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