Return on investment

by Salman
(Toronto)

Hi, I am planning to buy a $0.5 million property and rent it out. What is the average gross rent in GTA?

I am planning to buy by cash and it will be my first property.

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Jan 08, 2018
 Return on investment
by: Tom

Thanks for the question!

Rents in Toronto range by area, by property type, number of bedrooms, access to transportation routes etc.

So they vary widely.

It's best to reach out to a real estate agent in the immediate area and ask. They'll have the latest info for your specific neighbourhood.

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