A Great Investment Opportunity

Blog by Ottawa Real Estate | Ottawa Homes for Sale | Ottawa Relocation | August 31st, 2011

investment oportunity

What a great time to be a property owner and investor in Ottawa.  The CMHC released a report stating that the average vacancy rate in the city is 1.9%.  With Orleans having the lowest rate at 0.8% vacancy rate.  What makes a good investment though and as an investor what should I be looking for?  The answer can be tricky but a few things to think about when deciding on a property are; how close is it to major transportation?  Is it close to shops? Schools? Restaurants? Parks?  If the majority of these are a yes than you may be able to demand a higher price per unit when renting.  Check out this listing we have, it would be a great start for a budding investor.



                                                                               Written by Peter Bastedo - Hamre Team Member