Is it good to invest in Waterloo?
Table of Contents
Is it good to invest in Waterloo? Waterloo, a great place to invest and do business
With more than 70,000 university and college students who call it home, Waterloo is focused on education, leading-edge innovation and inventing the future. On average RO rental rates per bed in Fall 2020 increased of 2.5% over Fall 2019.
Is Waterloo a good suburb to invest? Thanks to its ideal proximity from Sydney’s central business district (CBD) and the airport, Waterloo is situated in an area that’s best for investors who are looking for an investment that’s easy to rent out or flip.
Is Kitchener good for real estate investment? Kitchener Rental Rates were the fastest growing rates in Canada that soared between 10-17% depending on the unit size. This steady growth continues in 2020. The region has one of the lowest vacancy rates in the country for 3 bedroom homes at around 1.3% as well as low tenant turnover rates.
Is it a good time to buy a house in Waterloo? Kitchener Waterloo’s current seller’s market should persist in 2021. Given the continued increase in average home prices over the course of 2020, it is expected that fewer buyers in 2021 will be able to afford and purchase at the same rate they did in 2020.