Investment Property in Ottawa

Investment Real Estate in Ottawa

Investment Property in Ottawa
Investment Property in Ottawa

Ottawa property investment can be a worthwhile venture if you are selective with the areas you choose to invest in. If not, you could find that your investment suffers due to low rental yields, dwindling demand, and slow property price growth in many parts of Ottawa .

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Search Map of Ottawa Investment Real Estate

Ottawa (, /ˈɒtəwɑː/; Canadian French pronunciation: ​[ɔtawa]) is the capital city of Canada. It stands on the south bank of the Ottawa River in the eastern portion of southern Ontario. Ottawa borders Gatineau, Quebec, and forms the core of the Ottawa–Gatineau census metropolitan area (CMA) and the National Capital Region (NCR). As of 2016, Ottawa had a city population of 934,243 and a metropolitan population of 1,476,008 making it the fourth-largest city and the fifth-largest CMA in Canada. In June 2019, the City of Ottawa estimated it had surpassed a population of one million.

Founded in 1826 as Bytown, and incorporated as Ottawa in 1855, the city has evolved into the political centre of Canada. Its original boundaries were expanded through numerous annexations and were ultimately replaced by a new city incorporation and amalgamation in 2001 which significantly increased its land area. The city name Ottawa was chosen in reference to the Ottawa River, the name of which is derived from the Algonquin Odawa, meaning “to trade”.

Ottawa has the most educated population among Canadian cities and is home to a number of top colleges and universities, research and cultural institutions, including the University of Ottawa, National Arts Centre, the National Gallery of Canada, and numerous national museums.

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The financial stability of Ottawa has translated into a real estate market that rewards forward planning and a willingness to look beyond areas of traditional affluence.

Buy to Rent in Ottawa

Renting out your Ottawa buy-to-rent investment property can grow wealth and income.

Whatever your goals with investment property in Ottawa are – preparation is key.

  • Set goals based on how much rental yield will be required and the local rental yield rates in Ottawa and be prepared to change your initial outlook.
  • Thoroughly research the Ottawa location with a special emphasis on fringe areas outside the main Ottawa metropolis that may be valued lower than their better-known neighbors. Rental yields of around 5% are still attainable in certain areas of Ottawa.
  • Ensure that your target investment property in Ottawa appeals to professionals. This is a demographic that ensures maximum income and low voids.
  • Finding and vetting suitable tenants is a job ideally left to the professionals. Working with an established letting agent such as Physis Realty with local knowledge and experience of property legislation will give you the best chance of success.
  • You may think that managing your Ottawa properties yourself is an easy option, but are these savings justifiable when you run into Ottawa red tape? Physis Realty Ottawa office in downtown provides you with peace-of-mind and leaves you time to plan your next move in the growing Ottawa buy-to-rent sector.

With our expert guidance, investing in Ottawa provides the secure knowledge that your money is working harder than it would in a local Ottawa bank and that future generations of your family will be left with substantial capital growth assets.

We are always happy to advise on buying investment property in Ottawa, where we have been established for over 35+ years. Physis Realty has been a firm fixture in the Ottawa property market through good times and bad. Our experts have seen it all and our portfolios continue to outperform.

Flipping Investment Property in Ottawa

Flipping property in Ottawa

Flipping property is when we advise clients to buy a Ottawa property below market value, renovate it and then make a profit by selling it at a higher price, all within a few months, and often before the Ottawa market has a time to react to the renovation.

The Flipping Strategy in Ottawa

Investment property flipping in Ottawa is a simple strategy. You find a property that is in need of renovation from our list and purchase it for a low price. These type of Ottawa real estate investments are sometimes referred to by professionals as ‘distressed’ Ottawa real estate.

What is distressed Ottawa property:

  • Ottawa property in need of renovation
  • Ottawa real estate with a change of purpose and use
  • Oversold Ottawa property
  • Bank repossessions in Ottawa

Put simply, long term investors in Ottawa purchase the property, renovate it and make it a lot more attractive to potential buyers.

Calculate profit that you make from Ottawa investment property flipping:

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

Ottawa property purchase price: $220,000

Renovation costs: $20,000

Other costs: $25,000

Property sale price: $400,000

Profit: $135,000

Experienced property developers in Ottawa use a minimum profit value of 22% when looking at potential Ottawa projects. The reason for this is because there are lots that can go wrong in Ottawa property flipping and working on a potential margin of 22% should still leave a good margin of error.

Luxury Property in Ottawa

For luxury property investors hoping to add a superb property in Ottawa to their luxury real estate investment portfolio, Physis Realty is a trusted partner.

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A world leader in luxury real estate with a portfolio comprising some of the most sought-after real estate in Ottawa, Physis Realty caters particularly to high net-worth individuals and families. A luxury real estate investment in Ottawa should be entrusted to only the highest-quality agency.

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