Rent to Property Values
Attractive areas in Toronto and the Greater Golden Horseshoe for real estate investors based on favorable rent-to-property value ratios. I’ve included the average rental rates and property prices for different types of properties in these regions.
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Hamilton:
Known for its affordability and growing demand, Hamilton offers good opportunities for investors in single-family homes.
Average rent:
$2,495/month
Average price:
$794,404
Oshawa:
This area is popular with commuters due to its proximity to Toronto and relatively lower property prices.
Average rent:
$2,500/month
Average price:
$859,293
Toronto (East End – Scarborough):
Some neighborhoods in the eastern parts of Toronto still offer decent rent-to-property value ratios.
Average rent:
$3,425/month
Average price:
$985,445
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Waterloo/Kitchener:
Home to several universities, Investors can expect steady demand for shared housing or small multiplex properties.
Average rent:
$3,200/month
Average price:
$889,085
London:
Known for Western University, London has lower property prices but stable rental demand from students.
Average rent:
$2,500/month
Average price:
$629,259
St. Catharines:
Brock University drives the demand for student housing in this region.
Average rent:
$2,300/month
Average price:
$652,000
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Hamilton:
A hot spot for multiplex properties, Hamilton’s affordability makes it ideal for investors looking to acquire duplexes or triplexes.
Average rent:
$2,500/month
Average price:
$800,000
Toronto (Parkdale):
This neighborhood has strong rental demand and opportunities for investors in multiplex properties.
Average rent:
$3,157/month
Average price:
$1.2M
Oshawa:
Multiplex properties in Oshawa offer great value, with strong rental demand from families and students.
Average rent:
$2,500/month
Average price:
$862,000
