When it comes to making wise and profitable choices for your future, one of the most reliable options is real estate. Whether you’ve just began your journey into property investments, or if you’re a seasoned investor, here are 7 highlights to investing in Ontario’s real estate market:
Owning real estate is a fantastic way to increase your monthly income. Whether you invest in commercial real estate or residential, you can rent out your space to tenants and receive a reliable financial boost every month.
In Ontario, the median value of homes is higher than the national average and continues to increase in value over time. When you decide to sell your property, a solid return on your investment is a great reward for making a smart decision.
Adding real estate to your investments boosts your portfolio diversification – which helps in times of economic turmoil. While stocks and RRSPs may fluctuate and have a higher likelihood to decrease at times, the property that you own will more often than not, still be increasing in value.
When renting to tenants, investing in real estate brings valuable income that you don’t have to work for every day. Having a second, third, or fourth stream of income without the daily efforts needed is great for peace of mind and your bank account.
When purchasing a property, it’s likely that you won’t be buying the property in full immediately so when you take out loans from lenders and pay them back over time, this is known as Leverage and it allows you to reap the benefits of homeownership without having to put up all your own money right away.
Real estate is one of the few investments that are protected against inflation. When the prices of goods and services are rising, home values and rents typically increase with it. Investment properties, then, can provide you with rising monthly income and appreciation to help protect you financially when the costs of everything else is on the rise.
Owning properties comes with benefits that aren’t just financial. When you invest in a home, you become your own boss, and have the power to make decisions about your future.
Manal Boutros | Broker
Forest Hill Real Estate Inc. Brokerage
28A Hazelton Avenue,
Toronto, Ontario M5R 2E2
(416) 975-5588