Financial information from the sale of this Legal 6-Unit that SOLD in February, 2023

This 6-Unit property was located in Arnprior, with two 1-bedroom units and four 2-bedroom units. The property was listed for $1,079,000 and sold for $1,000,000.

• Scheduled Rental Income was $58,404
• Effective ...

Financial information from the sale of this Legal 6-Unit that SOLD in December, 2022

This 6-Unit property was located in Central Ottawa, with two 1-bedroom units and four 2-bedroom units. The property was listed for $1,999,999 and sold for $1,999,999.

• Scheduled Rental Income was $138,300 ...

Financial information from the sale of this Legal 7-Unit that SOLD in November, 2022

This 7-Unit property was located in Central Ottawa, with three 1-bedroom units and four 2-bedroom units. The property was listed for $3,750,000 and sold for $3,400,000.

• Scheduled Rental Income was $198,600 ...

Financial information from the sale of this Legal 5-Unit that SOLD in October, 2022

This 5-Unit property was located in Central Ottawa, with four 1-bedroom units and one 3-bedroom unit. The property was listed for $1,750,000 and sold for $1,600,000.

This building seems to have sold ...

Real Estate Investing might not be for everyone!

We want to help you buy and enjoy owning many income properties, but you should decide if it's for you and we put together this video to try and cover the main points of owning investment real estate.

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Average wait for a Landlord and Tenant Board hearing on disputes grows to 8 months.

The CBC article in the link below is an important and common lesson you should discuss with investor wannabes. Also extrapolate beyond the article, what are you thinking when you read this?

Are you just ...

Financial information from the sale of this Legal Sixplex that SOLD in September, 2022

This 6-Unit property was located in Near-West Ottawa, with two 1-bedroom units and four 2-bedroom units. The property was listed for $1,499,900 and sold for $1,425,000.

• Scheduled Rental Income was $82,568 ...

If you have a tenant and you want them to move out, which form should you use?

You should use Ontario Government Form N11.

If you have a tenant, and you want them to move out, or, if they want to move out in the middle of a lease, how ...

Financial information from the sale of this Legal Triplex that SOLD in August, 2022

This 3-Unit property was located in West Ottawa, with one 1-bedroom unit and two 2-bedroom units. The property was listed for $1,050,000 and sold for $1,152,000.

• Scheduled Rental Income was $45,000 ...

What will Landlords in Ottawa think about this new tax?

If you own any multifamily buildings in Ottawa, or if you are looking to buy any type of investment property, you should be aware of this new tax that is coming in 2023.

The City of Ottawa Vacant Unit Tax ...