Canada is full of incredible homes that are located in stunning areas, and many of these fantastic properties are perfect for investors. From excellent cottages hidden in the dense forests all the way to beautiful apartments overlooking the metro cities, you can find every type of property all over this great country. If you want to know a bit more about some of the most interesting investment properties in Canada, keep reading to see the X types of investment property in Canada you didn't know about.
Ontario might not seem like a big hot spot for beach homes, but there are plenty of areas that are near some of the incredible Great Lakes. Places like Muskoka, Niagara-on-the-Lake and Grand Bend are well known by locals as being some of the best beach towns in the area. People come from all over the province and beyond to take a break and relax in some of these fantastic beachside homes, which makes these properties ideal for investors.
Ranch Homes have started to become incredibly popular for those who prefer to live in a low-maintenance home. Ranch homes are often only one story, and they are perfect for first-time home buyers who choose to live in a smaller home to start out with. Powell River, Comox Valley and Powell River and Maple Ridge all have fantastic ranch-style homes available for excellent prices.
Cabins have started to become one of the top search terms for short-term rental websites, and many people have started to seek out these incredible homes for the perfect relaxing vacation spot. These small homes are often very easy to maintain, and they are in very high demand, so you can make quite a bit of money renting out short-term rentals. Look for places that are slightly remote with amazing views, and you will end up making your money back on your purchase in no time. Edmonton, Lethbridge and Red Deer are all cities with great cabins and cottages for sale. P.S. a Tiny House makes a great cabin, and has a lot of hype around nightly rentals right now. Generally hold a good ROI.
Tiny homes have become a huge trend for short-term renters, and many people have also chosen them for permanent homes. These incredible homes can fit just about anywhere, so they can be placed on the smallest of lots. They have become much more than a novelty, and they are very easy to maintain, so you can have quite a few on your plate without worrying that you are getting too behind. If you are looking for some great places to find tiny homes, Bridgewater, Halifax and New Glasco are fantastic options.
People have started to come from all over the world to visit the fantastic forest of British Columbia, and this has led to an incredible rise in their tourism with so many people saying to get some gorgeous photos among the snow. We mention already how remote forest cottages have become a huge hit with the shirt term rental crown, and northern British Columbia has plenty of these delightful houses to offer. Cities like Revelstoke, Penticton and Nelson are all great places to consider if you are looking to purchase a cabin.
Multi-Family homes are one of the best investments you can make, and Saskatchewan has started to get a large amount of these properties for sale. With the population increase that has hit the province over the last few years, more people are going to start looking for apartments and townhouses to rent over homes. Regina, Moosejaw and Weyburn have fantastic options available for multi-family properties, so these are excellent places to think about if you are looking for some suitable investments.
Many people from all over the world come to visit the amazing city of Montreal to see their winter activities and enjoy the amazing holiday atmosphere. This has led to the province of Quebec becoming a hot spot for those who want a luxury experience, and many of them have chosen to rent a short-term rental over staying in a hotel. Luxury apartments and condos are one of the best choices, and places like downtown Montreal, Quebec City and Montcalm have plenty available for investors.
When it comes to looking for investment properties in Canada, the more unique and interesting they are, the better they seem to do on the rental market. People are looking for short-term rentals for vacation, and they are also looking for inexpensive housing, so investing in Canadian properties can make you very successful if you know what properties will do well. Have a look at some of the incredible properties available in these great areas of the country so you can see which ones will suit your investment portfolio the best.