Investing in a rental property: the pros and cons

Investing in Property

Ordinary Canadians can build wealth with investment property.

 
 

Ordinary Canadians can build wealth with investment property.

Across the country, ordinary 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.

Benefits of Investing in Property

  • Homeownership is a great investment that typically increases over time
  • Tax benefits from owning multiple properties
  • Multiple income streams from renters
  • Balance your portfolio with Real Estate
  • Can help finance your retirement
  • Reduce your vacation cost by using your own property
  • Pass on valuble assets to your family
  • 8Twelve Mortgage Agents can help you with each property

An investment property is also being increasingly viewed as a pension plan for the future, particularly since so many Canadians are not covered by workplace plans. Over the long term, an investment property can be a great source of retirement funds. Rental income typically pays for most or all expenses and property appreciation has often outperformed stocks and bonds over the long term.

This is not just an investment for well-established business people and experienced homebuyers. Savvy first-time buyers are often jumping in with both feet: purchasing a duplex or triplex, and then managing the additional units to pay down the mortgage while they make a start on home ownership. And parents who add up the cost of accommodations for their college-bound children are often deciding to be landlords themselves - since they know at least one of the tenants very well, and they see an opportunity to offset the cost of housing with a sound investment.

There are many reasons to consider investing in property. If you are thinking about building wealth with an investment property, talk to us. We can help you determine your downpayment options and run the financial calculations that you'll want to see for cashflow and capital appreciation.

Mortgages are designed to enhance your wealth

With WealthLine, your Invis Professional can ensure that your mortgage continues to meet your unique requirements and personal goals.

WealthLine Mortgages

WealthLine mortgages help you build personal wealth through home-ownership. These products are available exclusively through our mortgage brokers and agents. Offering you a comprehensive suite of mortgage options, WealthLine includes both fixed-rate and adjustable rate products as well as discounted rate options.

WealthLine Mortgages are arranged through Paradigm Quest Inc., an experienced player in the Canadian mortgage industry that works with domestic and international capital market partners to fund several billion dollars in mortgage transactions. Currently, Paradigm Quest has over 18 billion dollars in assets under management.

Gary is very knowledgeable at what he does. He went above and beyond to help me get a great rate, I will definitely recommend him to anyone without blinking an eye. You make me feel comfortable during the whole process. I just want to say a big thank you for everything you have done for me and my family
Pat Ejenavi
Gary is definitely a gem in not only the world of mortgages but overall as a person. He goes above and beyond to help and do whatever he can to help. Gary has helped us and went out of his way to make things work. He is kind, smart and has amazing customer service. We highly recommend him to everyone.
Kinga Fronczak
Gary is a fabulous and very knowledgeable. He went above and beyond to help us get a great rate!! We highly recommend him to everyone!! Thank you sooo much Gary for everything you have done for our family!!
Crystal Bridge
I was very happy with the professionalism and courtesy provided to us by Gary and his team in navigating and procuring for us a great deal on a rather large, $215K, 2nd mortgage to help complete our extensive home renovations. Many Brokers will promise and not deliver but Gary and his extensive contacts and experience in this industry enabled us to quickly secure a 2nd mortgage and achieve our goals.
Imran Aslam
Gary's work ethic is fantastic. Not only is he organized, aware and thorough with his clients, he truly does approach each situation with 3 options. I appreciate the fact that he does not rely on one option ONLY to service his clients. This is particularly important at times when the market fluctuates or when things simply happen outside of our control. Gary, you have my highest recommendation.
Ali Abbas
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