Looking to Invest in Real Estate in RICHMOND?

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RICHMOND is a city in BC, Canada. It has a population of 209 937. It is the #28 biggest city in Canada and #5 in BC. There are approximately 68 788 dwellings in the city. The estimated average rent is 1 106,07 $US. There are an estimated 29 955 rentals in the city.

We estimate the revenue from rental income in RICHMOND, BC to be 397 588 493,74 $US annually.

Rental Roll
1 523,18 $US

Bachelor Pad

1 274,01 $US

1 Bedroom Rent

866,38 $US

2 Bedroom Rent

1 038,79 $US

3 Bedroom Rent

Property Types
Property Types in RICHMOND, BC

Total - Structural type of dwelling

68 788

Single-detached house

29 186

Semi-detached house

2 118

Row house

5 679

Apartment or flat in a duplex

8 416

Apartment in a building that has fewer than five storeys

14 064

Apartment in a building that has five or more storeys

7 474

Other single-attached house

126

Movable dwelling

1 721

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.

The Future of Real Estate Investing

Unlock Tax Advantages

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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