Canadians can build wealth with investment property.
Rental Property
Across the country, Canadians are building personal wealth with investment property. The market is clearly there. In fact, the investment property market continues to be strong in most markets in Canada, with a steady supply of renters for residential, commercial and retail properties.
Three good reasons to invest in real estate
- Generate income. Want to buy a bigger single family home? Think it through. When you buy an income property you benefit from rental income that increases your revenue, giving you even more borrowing capacity.
- For a better retirement. Are you self-employed and have ambitions to retire early? Be smart. When you invest in real estate, you can build up a good pension fund or have a great source of revenue when you retire.
- Finance other investments. You intend to own lots of real estate? Be crafty! Buy your first property, then refinance your mortgage for a down payment to buy a second one.