Looking to Invest in Real Estate in MERRITT?

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MERRITT is a city in BC, Canada. It has a population of 7,139. It is the #455 biggest city in Canada and #64 in BC. There are approximately 2,339 dwellings in the city. The estimated average rent is $1,106.07. There are an estimated 1,018 rentals in the city.

We estimate the revenue from rental income in MERRITT, BC to be $13,511,770.54 annually.

Rental Roll
$1,523.18

Bachelor Pad

$1,274.01

1 Bedroom Rent

$866.38

2 Bedroom Rent

$1,038.79

3 Bedroom Rent

Property Types
Property Types in MERRITT, BC

Total - Structural type of dwelling

2,339

Single-detached house

992

Semi-detached house

72

Row house

193

Apartment or flat in a duplex

286

Apartment in a building that has fewer than five storeys

478

Apartment in a building that has five or more storeys

254

Other single-attached house

4

Movable dwelling

58

Note: The above numbers are estimates based on open source data and are for informational purposes only. Thank you to CMHC, Statistics Canada, and Geonames.

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Investing in Real Estate can result in capital gains which are taxed more favourably than income.

Enjoy Passive Income

Generate a consistent stream of cash flow from monthly rent collections.

Protect Against Inflation

Property values and rents typically increase during times of inflation, providing a safeguard for your investments.

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Capital Appreciation

Historically, real estate prices have outpaced wage increases, offering potential for significant capital appreciation.

Inflation Protection

Real estate values typically rise during periods of inflation, providing a safeguard against inflation.

Diversification

Real estate investments offer low correlation to other asset classes, providing a diversification opportunity for your portfolio.

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