In the feverish real estate market that has swept Canada in recent years, owning investment properties have emerged as one of the most effective strategies to increase your net worth. Victoria and the surrounding areas have benefitted remarkably from this upsurge. With rental properties in high demand, you can pay down a secondary mortgage efficiently, and enjoy significant returns on your investment when the time is right to sell.
Let’s explore your current financials and your long-term goals to see if owning an investment property is right for you. Your Mortgage Fit Broker will clarify the costs and benefits, and present you with options for mortgage terms, rates and products that will help you build your wealth.