Category: Rental Income & Suites

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Developing Land into a Mobile Home Park: Costs, Benefits, and Opportunities

As housing affordability becomes a growing concern across Canada, mobile home parks are gaining attention as a practical solution. These communities offer an affordable alternative for residents while providing steady returns for developers and investors. However, with land prices soaring and availability shrinking, the path to developing a mobile home park is not without challenges. …

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How to Spot Up-and-Coming Neighbourhoods for Investment

Investing in real estate is as much an art as it is a science. While market data and research are critical, savvy investors often trust their instincts and pay attention to subtle cultural shifts that can signal a neighbourhood is on the rise. Spotting an up-and-coming neighbourhood before it becomes the next hotspot can lead …

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Managing Tenants for Beginners: Tips for Condo Units and Basement Suites

Becoming a landlord can be a rewarding way to generate income, but it also comes with its challenges. Whether you’re renting out a condo unit or a basement suite, managing tenants effectively requires understanding their unique needs, minimizing risks, and preventing unnecessary vacancies. Each type of property attracts different types of tenants with specific expectations, …

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Unlocking the Potential of Secondary Accommodations in Canada

Benefits, Challenges, and Legal Considerations Secondary accommodations, often referred to as secondary suites, are self-contained living units attached to or located within a primary dwelling. They are equipped with their own entrances, kitchens, bathrooms, and bedrooms, offering a separate living space for residents. These versatile living arrangements come with a set of benefits, not only …

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Your Guide to Buying a Cottage or Recreational Property

Living in a vibrant urban area like Vancouver, Toronto, or Montreal has its perks, but sometimes you need a break from the concrete jungle. A cottage or recreational property can be your perfect getaway, offering tranquility, natural beauty, and a chance to reconnect with nature. In this article, we’ll explore the common issues and things …

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