Toronto, Ontario · Member since 2016 · 10 posts · 1 vote
Hi,
Is anyone familiar with Windsor and Sarnia real estate markets. Is it a good place to invest in residential real estate? If so, single or multi-family? Is there any appreciate on these markets? Is it still possible to find cash flowing properties?
Realtor · Windsor, Ontario · Member since 2016 · 55 posts · 54 votes
10y
Hi Megan,
I am an investor and a Realtor in Windsor. My partner and I have 3 properties: 2 triplexes and a single family Lease Option. I live Windsor for investing. Since prices are well below the national average, it is much easier to find properties that will give you good cash flow. Also, with the market being well below average, there is a lot of room for appreciation, which has been picking up over the last couple of years.
Personally I love duplexes, triplexes, and 4plexes. Single family homes can be good too with the right strategy (such as Lease Option).
Let me know if you'd like me to send you some of these properties to check out as they come on the market! :)
@Muiz Ashiqali Definitely depends what type of property/ tenants you are looking at. The answer will change a bit depending on whether you are looking at multi family, single family or student rentals (by room).