Benefits of Buying a Student Rental

 

 

If you have a child that’s going to the University of Guelph, you should consider buying a student rental property for them.

Here are some of the advantages of buying a student rental property:

Financially, this could be a great investment. If done properly, you should be able to profit, in four years, the entire cost of sending your child to university.

University attendance is on the rise with more & more jobs requires a degree. The Universty of Guelph’s attendance rose from 27,890 students in 2015 to 29,507 students in 2017. University campuses and student-purpose buildings can’t keep up with the increased number of students meaning there will always be a demand for student rentals.

It also teaches your child responsibility of home ownership as well as being a landlord. The big bonus for you, is you don’t have to pay a property manager.

Why Guelph?

Guelph is consistently ranked one of the top cities to invest in and live in. A lot of parents will decide to hold onto their rental property well after their kids are done school, just because of our strong rental and real estate market. The Guelph area is the third fastest growing region in all of Canada. This increased population will continue to drive our housing prices and rental prices up.

Buying a rental property can be a great investment and good learning experience for your child.

Click here to see why Guelph is a great city to invest in!

 

Please contact us if you have any questions about buying a student rental property in Guelph.