PROBLEM

Client owned a large country property in a cobbled together house over generations. The house was leaky and costing a fortune in heating bills, $500 per month just for propane! They were also far from friends and family and spent so much time and money on gas driving back into the city daily. You couldn’t even order a pizza! There was never money left over and they wanted to go on vacations, lots of vacations

STRATEGY

Sell the large country house. Find an in town house with enough land to build a whole separate house in the backyard. They can rent the ‘front’ house to bring in revenue, and live in the new build

SOLUTION

I sold their country property for close to $850k, and found an in town property with a decent sized bungalow, and huge back yard. The in town property was less than $500k so they can use the equity to build a virtual dream home in the backyard. And their expenses will drop immensely as a new build home or addition is super insulated and takes a fraction of the energy to heat it. The new build will also have an airbnb suite so they will now live in a dream home and pay nearly zero of their own money! I even sourced several government rebates that will give put almost $135,000 of cash back in their pockets! They will be packing their bags and travelling whenever they choose!