Green Street Garden Suite

"This project took some time to come together, largely due to the distance between the property and our office."

This project took some time to come together, largely due to the distance between the property and our office: about a 4-hour flight and three time zones. This recently purchased multi-unit home in Victoria, BC had a detached garage that the previous owners had renovated to prepare for an apartment, but never got around to finishing the job. With some help from our West Coast property management team, we were able to bring it to market as a cozy self contained 1-bedroom suite. Not only did it serve as a place to stay for a few nights while we were on the Island, it doubled our monthly cash flow and added 1% to our cap rate.