Investment real estate is a property that is acquired to generate income instead of being used by the buyer as their residence or offices. Even though it is a subsection of real estate, Calgary real estate investment opportunities are enormous and consists of different types of properties. Investment real estate can be a building for income-generation or to flip for profit, REITs, or a parcel of land. To help you invest in cash flow properties in Calgary, here are the most common types of investment real estate:
1. Residential Investment Properties
Residential investment is the most common type of rental property. It includes homes, condos, apartments, townhouses, single-family units, and many more. This type of real estate property makes up about 80% of real estate properties in Calgary’s inner-city neighborhoods like the Bankview community. A large number of families, young professionals, and students in the neighborhoods of Calgary increase the demand for family homes, condos, and apartments. Also, Canadian rental agreement requirements are flexible and allow landlords in Calgary to rent out their properties for a day, week, month, year, or decade. You can buy a lakeside home in Arbour Lake to use for holidays and rent it out when you’re not using it.
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