Looking to Invest in Real Estate in MITCHELL?

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MITCHELL is a city in MB, Canada. It has a population of 3,136. It is the #705 biggest city in Canada and #24 in MB. There are approximately 1,529 dwellings in the city. The estimated average rent is $939.61. There are an estimated 372 rentals in the city.

We estimate the revenue from rental income in MITCHELL, MB to be $4,194,399.53 annually.

Rental Roll
$1,333.70

Bachelor Pad

$1,117.74

1 Bedroom Rent

$683.44

2 Bedroom Rent

$886.28

3 Bedroom Rent

Property Types
Property Types in MITCHELL, MB

Total - Structural type of dwelling

1,529

Single-detached house

1,015

Semi-detached house

53

Row house

58

Apartment or flat in a duplex

21

Apartment in a building that has fewer than five storeys

221

Apartment in a building that has five or more storeys

128

Other single-attached house

1

Movable dwelling

28

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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