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Updated over 7 years ago on . Most recent reply

Marielle Baker's profile image
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Marielle Baker
  • from Mississauga, Ontario
  • Member since May 14, 2017
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Marielle Baker's profile image
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Marielle Baker
  • from Mississauga, Ontario
  • Member since May 14, 2017
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Marielle Baker
  • Mississauga, Ontario
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Canadian Real Estate

Eastern Ontario Market

Marielle Baker
  • Mississauga, Ontario
Posted
Hi everyone , I'm currently exploring some investment opportunities in Brockville, Hawkesbury & Cornwall, ON. Mainly SFH & multi-family units as low as $120k. I'd appreciate any feedback from anyone familiar with those areas. Thank you for your help. Regards,  MB.
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Thomas S.#2 General Landlording & Rental Properties Contributor
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Thomas S.#2 General Landlording & Rental Properties Contributor
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It is a somewhat difficult area to cash flow very well. Low income, plenty of welfare, many low quality tenants.  Avoid all welfare recipients like the plague and make sure your rents will cash flow as with any market.

Unlikely SFHs will have positive cash flow. You should be able to find duplexes at $200 K rents $900 - $1000 per side. Not great money but better than TO by far.

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