Land Development Consultation & Project Support
Elite Living Property offers practical guidance to property owners and investors exploring residential development in Ottawa and the surrounding areas. Drawing on firsthand experience in real estate investment, rental property management, and multi-unit residential development, we help clients understand the process, evaluate their options, and move their projects forward.
Our experience includes coordinating architects, planners, engineers, and contractors, navigating municipal approvals and servicing challenges, reviewing construction budgets and change orders, and preparing rental properties for leasing and ongoing operation. Through developing Axis on Main, our 18-suite boutique apartment building in Stittsville, we have gained direct experience with construction financing, CMHC MLI Select requirements, design coordination, material selection, and the decisions that affect both construction costs and long-term rental performance.
We Can Assist With The Following:
Investment feasibility and financial projections
Creating project pro formas illustrating projected cash flows over a 20-year period. By examining anticipated revenues, operating expenses, financing costs, and different scenarios, we help you assess whether a particular investment or development aligns with your financial goals and risk tolerance.
Early-stage planning
Clarifying your goals, identifying questions to investigate, and outlining the steps involved in moving from an idea toward development.
Project team coordination
Helping you identify the professionals your project needs, organize information, and facilitate communication between consultants and contractors.
Budget and proposal review
Reviewing quotes, allowances, scope changes, and proposed substitutions to help you understand costs and identify gaps.
Design and finish decisions
Providing an owner and property manager’s perspective on suite layouts, amenities, durability, maintenance, and tenant appeal.
Development and construction support
Helping track outstanding decisions, prepare for meetings, follow up on action items, and address issues as they arise.
Rental and operational planning
Advising on suite mix, leasing strategy, property management needs, and the transition from construction to an operating rental property.