Mortgage Payment Lower Than Rent

✨👀Imagine this: over 60 properties in Ottawa priced between $350,000 to $400,000, offering you the opportunity to have a mortgage payment lower than the cost of renting a two-bedroom apartment. 🏡💰 This is Jacob Charron with the Hamre Team at RE/MAX Affiliates Realty here in Ottawa. 👋😊 As of 2023, the average rent for a two-bedroom rental in Ottawa is just over $2,300 a month. 💸 But did you know that there are over 60 properties available right now for purchase in the price range of $350,000 to $400,000? With 5% down, your mortgage payment will be lower than the cost of renting. 🏢💼 You can secure your own piece in this beautiful city while building equity for your future. Let's dive deeper into the benefits of owning a home. 🏠💪 Benefit one: stability and freedom. When you own a home, you have the freedom to personalize your space and make it truly your own. No more worries about lease renewals or unexpected rent increases. 🏡🔑 Benefit two: building wealth. Unlike renting, homeownership allows you to build equity over time. Every mortgage payment you make contributes to ownership stake, which can grow in value as the housing market appreciates. 💰💼 Benefit three: an investment opportunity. Owning a home can be a solid long-term investment. You have the potential to benefit from increased property values if you decide to sell in the future and potentially make a good profit. 📈💰 👉Don't let the dream of homeownership pass you by. This is Jacob with the Hamre Team at RE/MAX Affiliates Realty here in Ottawa. Contact me today to embark on this exciting dream together. ✨🏡💼