Multifamily withstands pandemic better than most property types
The multifamily real estate sector has remained relatively stable thanks to low vacancy rates, and low interest rates that encourage investment, along with the steady capital and asset appreciation that these properties offer to investors.
Multifamily Market Factors
Strong market fundamentals make multifamily real estate in Ontario a smart investment opportunity. During the pandemic, rent collections remained around 97 percent, providing a steady income.
New Construction also does not fall under rent control; therefore, landlords are able to adjust the rent if necessary.
Emerging Multifamily Trends
In densely populated urban areas such as Toronto, land is at a premium,…
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