Why we like it: Many single family homes converted to multi-unit, proximity to city core, highly desirable for young families (schools)
Why we like it: Grande, stately properties on large lots, King & Queen W amenities, TTC access
Why we like it: Suppressed prices compared to city core, proximity to lake, Transportation (TTC & GO), strong demand for rental units
Junction/High Park North/Wallace Emerson
Why we like it: Bloor & Dundas W amenities, Parks, TTC access, Gentrifying areas
Brockton Village/Dufferin Grove/Little Portugal
Why we like it: Shopping & Restaurants, TTC access, Price points better for 1st time investors
Looking to profit from the booming Toronto real estate market? Landlords come in different shapes and sizes – maybe you want to rent out a basement suite to help with the mortgage, go in with a group of other investors or slowly build your real estate empire on your own. We have you covered from multi-unit residential to commercial – we can even help with leases.
Advantages of becoming a landlord:
Let tenants pay down your mortgage, increasing the equity in your properties
Typically 2-6 units per property. Great for 1st time investors or those looking to make the leap from condominium investments.
Commercial & Residential components in the same property. Provides benefits of both commercial & residential leasing. Typically found in high traffic areas near transportation.
Can be less risky than residential with the right tenant. Tenants tend to stay longer and leases are renegotiated at end of term.
Typically greater than 6 units per property. Usually requires the use of a property manager due to volume of tenants and maintenance requirements.
Turnkey investment that requires little to no maintenance. Great for 1st time landlords or those who want a hassle-free investment!
This can be risky, and if you are armed with the right expertise, it can pay off! Buying a fixer upper and renovating it for profit can be hugely rewarding.
Speak to your mortgage provider regarding a pre-approval. This is essential to move quickly on a purchase in a hot market. If you don’t currently have a relationship, let us make the introduction!
Make sure you speak to an accountant for more information on the best ways to minimize taxes and maximize your return. If you need a referral, don’t hesitate to ask us!
Figure out what you want out of your real estate investment portfolio – here are 3 ways you can make money by investing in Toronto real estate:
Are you interested in buying an investment or commercial property in Toronto and live abroad? We can help! Connect with Greg.
Connect with Greg – we have assisted many investors fill their vacancies for both investment and commercial properties.