Updated about 6 years ago on . Most recent reply
Any one did some deals in GTA recently for buy hold and rent?
I keep looking for deals in GTA mainly using Realtor, and most of them have buy/rent ratio high enough to push me to negative cash-flow. the one that make the equation are only the ones that require too much repair. Have anyone had different experience to share?
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I'm a realtor in Burlington and have a great detached 2-unit home coming to market in the next few weeks. Basement currently rented for $1500/month. Top 2 levels would get ~2400/month. All recently updated. Approx $830k. With 20% down you would be cash flow positive.
Lots of affordable multi-units with great #'s and appreciation.
The deals are out there. They just aren't as easy to find!