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Updated over 5 years ago on . Most recent reply

User Stats

8
Posts
3
Votes
Allan Flamm
  • Rental Property Investor
  • Toronto, ON
3
Votes |
8
Posts

Is it possible to cash positive in Toronto anymore?

Allan Flamm
  • Rental Property Investor
  • Toronto, ON
Posted

I used to invest in Toronto often. Made a ton of money here. Recently, I have been running some numbers on a few different kinds of rental projects and it doesn’t look like it’s worth it to start. I think doing triplex and up type of projects could cash flow positive but the amount of capital needed would be too significant. I feel like my money would be better invested globally. What is everyone’s thoughts?

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