Forget The GTA

Forgot the well-known Greater Toronto Area; there is a new kid on the block and her name is Waterloo. This up and coming market may be the next hot piece of real estate on the market.

Due to the presence of factories and other businesses and universities, it is beginning to gain attention.

This is also a safe market because of large transactions and liquidity, but tread with care; too much foreign investment will create another bubble. We definitely do NOT want that.

Another perk is the existence of three cities that possess their own housing and office markets.

There are over 3,000 houses built annually and the demand is mainly for rentals. It is arguably a better investment than GTA; there are low apartment cap rates and a 1% higher cap rate than in the GTA.


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