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Updated over 8 years ago on . Most recent reply

User Stats

22
Posts
2
Votes
Jay Shaw
  • Rental Property Investor
  • Niagara
2
Votes |
22
Posts

Seeking input on the Windsor Student Rental Market

Jay Shaw
  • Rental Property Investor
  • Niagara
Posted
Seeking some input from those from the Windsor area or those who have been investing in the Windsor area. We're looking at investing in student rentals in Windsor and am wondering if anyone has any insights to the local market or the student rental market in that area. Any insight would be greatly appreciated

Most Popular Reply

Account Closed
  • Investor/Mortgage Agent
  • Cambridge , Ontario
3
Votes |
19
Posts
Account Closed
  • Investor/Mortgage Agent
  • Cambridge , Ontario
Replied

I've looked into Windsor student rentals as well. I pass through Windsor every two weeks on business, and one day during lunch I decided to take a look at the opportunities on my MLS app. I was surprised at the price of housing; even units close to the university were affordable.

If you're looking to gain equity, this isn't the right market as prices have been stagnant. But if you're looking for cash flow, there are some great opportunities. Duplexes and triplexes are available and a normal student house

Here's a quick market overview from cmhc.

http://www.cmhc-schl.gc.ca/odpub/esub/64335/64335_2015_B01.pdf?fr=1434633395181

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