Paul Wrigley and his Business Development Manager; Bec Wood are looking for all property investors.
Ray White Toronto have a huge demand for all types of real estate in Toronto.
If you are thinking of buying an investment property and becoming a landlord, now is a great time as the demand from tenants is huge and the rents have never been higher.
Purchasing Real Estate in Toronto as an Investment Property
Purchasing an investment property is one of the largest transactions you can make in a life time. Generally, people purchase investment properties in an effort to create wealth. This may be a long term goal with a capital growth objective and positive cash flow, a short term goal is to renovate and re-sell. No matter what goal you have in mind, it is important to carry out the relevant research and create a strategy for success.
Some basic questions to ask yourself include why am I choosing to invest in property? Do I want to purchase a house or unit? Will this be tax effective for me? How much can I borrow and what will the repayments be? What’s the likely rental return? What are the vacancy rates for the area? How much are the management/strata fees?
For a free copy of our Investment Property Checklist, please call Ray White Toronto.
Selling and leasing some of the finest Real Estate in Toronto.