If any of your family members are attending one of the two Universities in Ottawa, have you considered buying a home or condominium and finding several other students to share the costs ?
You could buy a home or condo and get help to pay the mortgage and taxes while your family members are attending University, and make money after they graduate.
You could choose to sell at that time, or continue to rent the property.
We have personally helped several families this past year purchase homes and condominiums for their children attending University, as well as sell the home at the end of term.
Here are links to the 2 Universities in Ottawa Ontario Canada
Ottawa University Carleton University
Please contact us if you'd like to discuss buying a property for your children, or for the purpose of renting it to a family member and friends while they attend Ottawa or Carleton University. |