Will It Plex? Multiplex Conversion Analyzer
Find out if a single-family home is a strong multiplex conversion candidate. Will It Plex builds a full financial pro forma for duplex, triplex, and fourplex conversions: renovation budget, unit-by-unit rents, financing, MLI Select points, and stabilized returns.
What it screens
Lot and building suitability, conversion cost by scope, achievable rent per unit, stabilized NOI and cap rate, refinance proceeds, and whether the conversion meets CMHC MLI Select thresholds for preferred multi-family financing.
Policy context
Ontario's Bill 23 and municipal multiplex by-laws (including Toronto's) have opened up as-of-right multiplex permissions in many neighbourhoods. The tool pairs the financial screen with that zoning context so you know which properties are worth a feasibility deep-dive.