Because the housing stock is older, the numbers on a Varsity View property depend heavily on what has and has not been replaced. Joel walks each property to document furnace, roof, electrical and suite condition rather than relying on the seller's description or a public assessment file.
He also confirms whether any additional unit is a legal secondary suite before it goes into an investor's projected income, since the Residential Tenancies Act, 2006 governs the lease but only a permitted unit satisfies a lender's underwriting.
That combination of demand data and permit-level detail is what separates a defensible investment number from a guess. Get your hand-reviewed valuation from Joel Dyck.