From the blog...


Posted on: August 14th, 2018 by Chris Scott


I think everyone should have at least one real estate investment. Something brick and mortar in their portfolio. I have learned that many of the high net worth people I have met include real estate as an integral component.

I am a big believer in Ottawa real estate. I truly believe that in 25 years from now people will be reflecting back on 2018 and saying “We should have bought a few investment properties, they were so cheap back then!”. Much like if we look back and see that a house in Ottawa 25 years ago was only $150,000.

Ottawa is a growing city with awesome economic fundamentals and lots of future growth. Our city ranked number 2 in Canada as the best places to live in the country. It was number 1 last year.
I hope people who live here understand just how amazing Ottawa is for the quality of life. We are so fortunate to live here. It can be easy to take it for granted. It also means there are some great real estate investment opportunities here. Especially as Ottawa grows with light rail and other major projects like Lebreton Flats.
As investors outside of Ottawa look for new opportunities many are turning to Ottawa. I am seeing lots of investors in our market especially in the $300k-$400k price range. Many from Toronto and overseas. Unfortunately, these investors might eventually spoil it for the rest of us. The timing is now. Prices are still reasonable and the vacancy rate is the lowest it has ever been. There are multiple bids in the rental market!

If you are thinking of investing in real estate, please feel free to reach out. Always happy to help!


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