Long term buy and hold opportunities near Toronto, Niagara Falls

[Ricky Singh]

Hi everyone,

I've been interested in investing in Canadian real estate for some time, but the price-to-rental income ratio never quite made sense to me. With the current downturn in the Canadian housing market, I'm curious if anyone is currently investing in the Toronto or Niagara Falls areas, or any other markets in Ontario that might present good opportunities. I wonder with Canadian economy struggling if there is potential to purchase distressed properties that could be converted into long-term rentals or successful AirBnbs (especially in the cabin markets that have been hit hard). I would love to hear your thoughts and insights and eager to learn and contribute to this discussion. Thanks!