WHY BUY THE HOUSE IS A GOOD INVESTMENT IN CANADA?

As a first time buyer, to buy the house is a better investment in Canada because you save the money three way as follows:

  1. You paying the mortgage instead of rent so you pay off the capital and interest. Capital is your money in Bank as equity.
  2. Each year in GTA house price increase the 4 to 7 per cent. This increase money you can use as Home equity plan.
  3. If you are buying the house with Basement apartment so each month you can get as rent $700 to $1000 each month. You think how much money you get after 5 years.

If you want to know details with math, please contact any professional realtor to know what rate of return during 5 years.

Writer

Realtor Mohammad Awal

Cell: 647-500-1675