Mandy & Joe  Kovacevic

Mandy & Joe Kovacevic

Sales Representative

Royal LePage Wolle Realty, Brokerage*

Mobile:
(519) 722-5340
Office:
(519) 578-7300
Email Me
Hire a top class real estate agent who will invest in your future

6 Top Places to Invest in Canada

Investment always pays off, and when you are looking for a place to invest your hard-earned money, real estate is the safest option. While, there is always a risk of your investment going sideways in other fields, that won’t happen with real estate.

The best part of investing in real estate is that it is a physical investment. You’re not buying some shares in a business or a company – you are investing in a piece of land.  There is a chance the shares in the company you choose to invest in plummet down all of a sudden, and your savings will be lost just like that.

But that is never the case with real estate. Even if you don’t sell it or the market turns, you will be able to take advantage of your house throughout your life. And that is what makes it better than other investment avenues.

 

The value of real estate is likely to go up, not down. The need for houses in a good area will always be a priority for everyone. So, investing in real estate will not only be beneficial but also safe.

A lot of people are going towards real estate investments. So, why should you stay behind? After reading this article, you will know that real estate investment in Canada is the best option for you and your family.

Benefits of Investing in Real Estate

There are a lot of benefits that come with investing in real estate. Some of them are:

•Steady Cash Flow

Even if you don’t live in the house you are purchasing, you can still get a profit on it by renting it out. The rent will bring you a steady flow of cash every month. You can use that cash for traveling, further investment, or whatever else you want.

Other than that, you will get a steady flow of cash even when you are retired.

•Use Rent for Mortgage

Do you want to know an amazing investment idea? If you have enough saved up for a down payment but don’t want to vacate your current house, buy another one.

You must be thinking – why buy another house when you already have one? Why pay two mortgages? The answer to that question is simple – investment.

You can rent your new house out, and the money you receive from the tenants will go towards your mortgage. After a few years, you will be the owner of two houses.

•It can be Your Legacy

Real estate is an investment that not only benefits you but also your future generation. You can pass your house to your children, or even grandchildren. Whenever the house gets sold, the return on investment would be high.

Where to Invest?

There are a lot of great places where you can invest in Canada. There is no shortage of great neighborhoods here that will give you a great value on investments.

Here are the top places where your investments will surely pay off:

1.Kitchener and Waterloo

One of the best places you can invest in a property is Kitchener and Waterloo area as it is rapidly growing.

Kitchener and Waterloo are rich in culture and have great opportunities for both students and professionals. A lot of people from all over the country are moving to Kitchener and Waterloo to take advantage of the benefits offered by this area.

The increasing population not only affects business growth but is also increasing the value of the real estate. It is a buyers’ market right now in the Kitchener and Waterloo area, and you should definitely take advantage of that.

The average price for homes in Kitchener and Waterloo area as per 2017 is $543,102 and the average return on investment (ROI) is 4.6% per 5 years.

If you decide to rent your house, the rent increases by 20% every 5 years bringing you more profit.

The Waterloo-Kitchener market is a very safe investment and has a brighter future.

  1. Brantford

Another good city you can invest in is Brantford. Brantford is known as the urban growth center of the country and continues to climb the stairs towards economic growth. Brantford is one the fastest growing cities of Canada.

And that could be really beneficial for you because the people moving there will require a house. Whether you rent your house or sell it, it will bring you profit on any front.

Brantford is one of the top places in Canada for real estate investment. The average price of a home in Brantford is $506,016, which is lower than in other economic sectors.

If you decide to rent your house, you will get a 20% increase in it after every 5 years. And the average return on investment in the Brantford area is 4.5% per 5 years.

3.Victoria

Victoria is the Canadian city known for its beauty and economic growth. One of the most beautiful places to live in Canada is Victoria.

Getting a house in Victoria will be an investment you can retire on. If you are looking for a long term investment, Victoria is the best option for you.

Victoria offers a great scenic view which makes it a popular real estate hub.

As per the data from 2017, the average price of houses in Victoria is $975,838 with 8.4% return on investment in 5 years. The rent will be increased to an average of 20% in 5 years. 

4.Surrey

Surrey may not be too high on your list but the beautiful city does have a lot to offer in terms of real estate.

Surrey is a favourite real estate investment hub for seasoned and experienced investors because the prices here are low and the houses beautiful.

The city’s economic growth is focused on agri-innovation, advanced manufacturing, clean tech, and health tech.

People who love to work these fields are steadily making their way towards Surrey, and will soon require a home to buy or rent.

And you can be their new tenant or seller. The average house prices in Surrey are $849,900.

5.Vancouver

If you are planning to invest in real estate in Vancouver, you better move fast because properties in this city don’t stay on the market for long.

People from all over the country invest in Vancouver real estate. Have you ever wondered why? Because Vancouver has some of the best real estate investment opportunities.

The Vancouver area has great schools, amazing economic growth, and few of the best neighborhoods in the country.

Though, the houses here are a bit pricey. But the return on investment will totally be in your favor in the long run.

The average price of a house in Vancouver is $2,264,596. The return on investment over 5 year annual is 13.1% and the average increase in rent in 5 years time will be 24%. 

6.    Ottawa

If you are looking to invest in real estate in an area that is diverse and has a great environment, Ottawa is the place for you.

The city has 25 neighborhoods, so you have multiple options. You can choose a neighborhood that best suits your needs.  

The prices of the houses vary from area to area, but the higher the price, the higher the return on investment. You can even get a home with a waterfront and spend your days looking at the beautiful views.

The average home price in Ottawa is $521,934 with a 1.6% return on investment in 5 years. The average increase in rent over 5 years is about 11%.

Work With Us!

Are you ready to make an investment that will surely pay off? A house in the Waterloo and Kitchener area will suit you perfectly. You can take advantage of this amazing investment opportunity by buying your very own house. And to buy your dream house, you must have a trusted real estate agent who will provide you with great rates and offers.

That is where we come in. We will make sure that you get the house you want at the best price. Mandy & Joe Kovacevic will prioritize your needs and make sure you find a house that is an exact replica of your dream house. We are experts when it comes to the Kitchener and Waterloo area, and we will focus on providing you with a quality investment opportunity.

Contact us by visiting our website and get a free consultation. Hurry up before all the best houses are taken.

Comments

Home selling tips

At the point when the winter begin the skin end up dry and you are looking so dreadful. You possibly utilize diverse things to conquer this circumstance however this isn't sufficient and our essay writers - essayontime.com share good info. The home cure that you say in this article is extremely so awesome and accommodating as well.

Have Questions?

By submitting this form, you are providing express consent to receive commercial electronic messages from www.mandyandjoe.ca. You may unsubscribe at any time.