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Updated about 5 years ago,

Geoffrey Borgmann's profile image
Geoffrey Borgmann's profile image
Geoffrey Borgmann
  • from Toronto, ON
  • Member since Oct 14, 2019
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Geoffrey Borgmann's profile image
Geoffrey Borgmann's profile image
Geoffrey Borgmann
  • from Toronto, ON
  • Member since Oct 14, 2019
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Geoffrey Borgmann
  • Toronto, ON
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Canadian Real Estate

Multi family properties

Geoffrey Borgmann
  • Toronto, ON
Posted

Hi everyone,

New to real estate investing. Looking into buy and hold strategies for multi family properties in the GTA (and surrounding areas).

In Canada, does 5 or more units qualify a property as commercial? I know this is the way it is in the States.

Also, if you have any advice on which areas are up and coming for residential buy and hold strategies that would be appreciated! Currently looking in St. Catherines, Hamilton, and Niagara.

Geoff

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