Looking to Invest in Real Estate in VERNON?

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VERNON is a city in BC, Canada. It has a population of 51 896. It is the #108 biggest city in Canada and #19 in BC. There are approximately 17 004 dwellings in the city. The estimated average rent is 1 139,68 $US. There are an estimated 7 404 rentals in the city.

We estimate the revenue from rental income in VERNON, BC to be 101 257 844,40 $US annually.

Rental Roll
660,50 $US

Bachelor Pad

957,00 $US

1 Bedroom Rent

1 300,25 $US

2 Bedroom Rent

1 321,50 $US

3 Bedroom Rent

Property Types
Property Types in VERNON, BC

Total - Structural type of dwelling

17 004

Single-detached house

7 214

Semi-detached house

523

Row house

1 403

Apartment or flat in a duplex

2 080

Apartment in a building that has fewer than five storeys

3 476

Apartment in a building that has five or more storeys

1 847

Other single-attached house

31

Movable dwelling

425

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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