Fourplex +1 Everything // Real Estate Space #74

In this compelling episode, we're joined by real estate expert and urban planning enthusiast Daniel Foch, as he dives into the recent groundbreaking decision by Toronto to legalize fourplex housing units throughout the city. As the city grapples with a severe housing crisis, this shift towards a 'missing middle' housing solution promises to bring transformative changes.

Daniel, renowned for his insightful analysis of the Toronto real estate market, unpacks the implications and potential benefits of this move. He discusses how this decision signifies a crucial shift in Toronto's housing policy, cutting through the urban-suburban divide and making room for more diverse housing options.

We delve into the "missing middle" housing concept - a term coined to represent multi-unit housing types like fourplexes, triplexes, and townhouses, typically nestled in low-density suburban areas. Such housing types, Daniel argues, are the key to addressing Toronto's housing crisis. He expertly dissects how these middle-density options can offer affordable and diverse living arrangements, thereby enhancing the city's livability and inclusivity.

Daniel also takes us through the economic and social ramifications of this policy, discussing its potential to reshape Toronto's neighborhoods, boost local economies, and mitigate gentrification. We explore how the addition of fourplexes might influence property values, rental rates, and the overall housing market dynamics in Toronto.