Where should I buy in Canada
Hi all
I'm getting ready to purchase a 2-4 unit property in Canada for rental income. I hope to buy 2 of them in the next year before moving up to 5-8plexes in the years after that. I'm in GTA so I know I need to go farther afield. And I'm ok with any location within Canada.... but where do I go?
I've looked at some CMHC reports and heard buzz about Saskatchewan and Maritimes, but I can't figure out where I should go for a stable rental market. My price range is $200k or less per property and I'm looking for a good, steady cash flow more than I want appreciation.
Maybe you know about a city or area? Or can you point me towards reports that I should be reading that will help identify the right area to look.
thanks
Tabatha