Last week we looked at Two Waterloo Region Apartment Buildings that Sold For $45+ million. Here is a video with some more information: To recap, the investment property in Cambride, Ontario was purchased at a 5.7% cap rate. Between both apartment buildings there are 225 units, and the average rent is above $1500 per month. [...]
Tag Archives | investment
Student Housing Development opportunity in Oshawa
(Update: This property is no longer available. For similar opportunities, please contact me at Benjamin@BenjaminBach.com) You’ve probably heard that when you’re investing in real estate remember these three words: Location, Location, Location. I’m reviewing a very interesting package regarding a development parcel in Oshawa Ontario, across from Durham College and UOIT, ‘Canada’s newest University.’ There [...]
GST Rebates & Investing in New Construction Rental Property
In January, a number of our clients are closing on new construction rental properties, mainly in Cambridge Ontario’s Maple Grove community (355 Fisher Mills Road, north of 401, at Hespeller Rd). A few of these clients are new Real Estate Investors, and were not aware that you could apply for a GST Residential Rental Property [...]
Investing in New Construction Real Estate in Waterloo Region
This week I’ve spoken to several investors, all of them interested in investing in new construction condominiums and condo townhouses (and in one case, a freehold townhouse). The questions they’re asking are pretty similar in most cases, so I thought I’d put together a little Q & A from our discussions. What questions do you [...]
Transit News for Kitchener Waterloo & Cambridge
Some exciting news for the region – GO Buses will connect Waterloo Region with the Go commuter trains in Milton. GO Transit buses roll into Region this fall By Jeff Outhit WATERLOO REGION — GO Transit buses are coming to the region this fall to serve Highway 401 commuters. The buses will ferry local passengers [...]
The Kaufman Lofts in Kitchener Waterloo – an Investor’s Perspective
The historic Kaufman Lofts in downtown Kitchener have been a ‘destination’ building ever since construction on the condo conversion was announced. People tell me “I want a Kaufman Loft!” Even if the loft is a bit smaller or pricier than another condominium they were looking at, the design, location and prestige put the project over [...]
Real Estate Investment Tip: Raising Rent on Rental Units in Ontario
Real Estate Investors in Ontario know there is a cap on an annual rent increase. This is governed by the Residential Tenancies Act, 2006. Did you know that not all rental properties are subject to this ? Our clients are investing in Kitchener Waterloo properties with an important piece of knowledge – Do you know [...]
