Anyone investing in Brampton ?

[Nick Pastore]

Anyone in the GTA investing in Brampton?

Would like to hear if you are. From what I see on the market, houses are cheaper than most areas in the GTA while rent is still relatively high.

Especially if you can find a SFR and convert the basement into a secondary suite, will definitely cashflow positive.

[Lizanna Charles]

Hi Nick

I live in Brampton. International students pay $3200 for a 5 bedroom house 2 houses from me and a 4 bedroom on my sale street also $3200. The students pay their own utilities. They do 2 jobs...e.g one job and then Uber or Skip the dishes so they are never really at home but about 10 students living there so 2 per room. Best bet is to buy older homes that's renovated inside or you can renovate after purchasing and because older homes have at least 6 vehicle parking. Theyll rent any house once there is 6-8 parking spots. In the Vooden area, Queen street area you'll find those for 600k-700k and you'll get around $2800-$3200 a month rent and they pay their own utilities. It's easy to get it rented because that's what they looking for....a house with lots of parking space 👍. realtor.ca have good options