Looking to Invest in Real Estate in RICHMOND HILL?

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RICHMOND HILL is a city in ON, Canada. It has a population of 202 022. It is the #29 biggest city in Canada and #13 in ON. There are approximately 66 661 dwellings in the city. The estimated average rent is 997,31 $US. There are an estimated 20 813 rentals in the city.

We estimate the revenue from rental income in RICHMOND HILL, ON to be 249 085 345,20 $US annually.

Rental Roll
1 119,69 $US

Bachelor Pad

955,41 $US

1 Bedroom Rent

737,24 $US

2 Bedroom Rent

1 258,50 $US

3 Bedroom Rent

Property Types
Property Types in RICHMOND HILL, ON

Total - Structural type of dwelling

66 661

Single-detached house

35 726

Semi-detached house

3 681

Row house

6 133

Apartment or flat in a duplex

2 197

Apartment in a building that has fewer than five storeys

6 662

Apartment in a building that has five or more storeys

11 953

Other single-attached house

124

Movable dwelling

181

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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