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Updated over 7 years ago on . Most recent reply

User Stats

285
Posts
181
Votes
Jacob Perez
  • Rental Property Investor
  • Hamilton, Ontario
181
Votes |
285
Posts

Ontario Investors - Where are you currently looking to buy.

Jacob Perez
  • Rental Property Investor
  • Hamilton, Ontario
Posted

Hi everyone,

We need to get this Canadian thread growing. Bigger Pockets is a great resource but the american content is only somewhat relevant to us here in Canada. I'm a mortgage broker, I got into the industry because I've been investing since 2013 (6 Multi-Family homes & counting :p).

Most my investments have been in Hamilton, ON which has treated me well. Which markets are you interested in and why?

Most Popular Reply

User Stats

95
Posts
65
Votes
Aditya Soma
  • Real Estate Agent
  • Windsor, Ontario
65
Votes |
95
Posts
Aditya Soma
  • Real Estate Agent
  • Windsor, Ontario
Replied

Hello @Jacob Perez

Glad you took initiation to find about the Markets in Canada, let get every Canadian Investor on to this thread   

I'm currently investing in Windsor ON.

Reasons:

1. there's a great demand for rentals, limited inventory, growing population especially immigrants(Vacancy rate is below 3% in most of the rental neighborhoods)

2. GTA Ripple Effect, Toronto > sounding cities  > Kitchener/waterloo > London > Next Windsor, though GTA market started to cool down, but not Windsor

3. Average single family price is 150k and average income is 50 - 60k, where as all the other cities mentioned above have at least 100k more and income has not much difference 60/70/75k

Hello Windsor ON(@Cassidy Logsdon @Matt Andrews @Account Closed

) friends, please add your comments/thoughts.

And love to here from all Canadian, which markets are you investing in and why?

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