Investment Property In Canada

[Avery Cadogan]

Investment Info:

Condo other investment in Higginson.

Purchase price: $500,000

Student rental property in Canada.

What made you interested in investing in this type of deal?

Almost no vacancy risk.

How did you find this deal and how did you negotiate it?

New build.

How did you finance this deal?

Leveraged capital.

How did you add value to the deal?

Management of property.

What was the outcome?

Strong cashflow & appreciation.

Lessons learned? Challenges?

New builds are fairly low maintenance.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Working with brokers are usually required in the region.