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Updated over 4 years ago on . Most recent reply

Account Closed
  • Investor
  • Sherbrooke, Québec
19
Votes |
77
Posts

vacancy rates for smaller towns (quebec especially)

Account Closed
  • Investor
  • Sherbrooke, Québec
Posted

Hello, its fairly easy to find vacancy rates for large cities and towns like Montreal and Sherbrooke, but i'm having difficulty finding the rates for smaller areas with populations under 5-10k (for example, Windsor, Quebec seems to have some good multi-family deals, but i can't find a vacancy rate anywhere). 

does anyone know where to find vacancy rates for small towns, or how to best approximate them? should i contact directly realtors who are working in these towns? thanks,

Most Popular Reply

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8
Posts
8
Votes
Benjamin Larouche
  • New to Real Estate
  • Montreal
8
Votes |
8
Posts
Benjamin Larouche
  • New to Real Estate
  • Montreal
Replied

I'm curious to hear what others have to say. I went the route of looking at demographics (in particular the ownership rate) to get a sense of the pool of tenants. I'm also looking at the overall economic outlook of that city (type of economy? Growth or not? Average/Median income? etc. Good luck!

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