Best Areas for rental Property in Ontario Region

Best Areas for rental Property in Ontario Region

New to Real Estate · Toronto, Canada · Member since 2018 · 22 posts · 5 votes

What are the best areas for rental property in Ontario, Canada region which can generate +ve cash flow

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  • Residential Real Estate Broker · Kitchener, Ontario · Member since 2014 · 687 posts · 370 votes
    7y

    The best areas would be smaller towns instead of the big cities. And smaller towns that are not too close to bigger cities - and also Northern Ontario.

    Such as Sarnia, Goderich, St. Thomas, Chatham, etc.

  • New to Real Estate · Toronto, Canada · Member since 2018 · 22 posts · 5 votes
    7y

    Thank You @Roy Cleeves for feedback. is Eastern Ontario is good to invest for rental properties? like Durham Region?

  • Residential Real Estate Broker · Kitchener, Ontario · Member since 2014 · 687 posts · 370 votes
    7y

    Yes - I believe so!

  • London, Ontario · Member since 2017 · 3 posts · 0 votes
    7y

    @Roy Cleeves

    How do you find a good ROI-focussed investment agent in these areas? I'm in London and would like to look in areas like Chatham. Should I use a London agent that specializes in investment property, or find an agent local to Chatham, for example?

  • Residential Real Estate Broker · Kitchener, Ontario · Member since 2014 · 687 posts · 370 votes
    7y

    @ Scott John

    I would recommend you find an agent local to Chatham.  I lived in Chatham for 3 years when I owned the Jumbo Video Store there.  I found that the local agents there know the areas to avoid and the areas that would be a better investment.  If you like I can refer you to a great agent there. 

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