Low Barriers to Market Entry: Owning a small business can require hundreds of thousands of dollars in start up costs and personal assets. An investment property may require as little as 15% down on the value of the house. This may satisfy your desire to become self- employed.
Robust Rental Market: Ottawa is one of the fastest growing cities in Canada and has a very competitive rental market with less than 5% vacancies. (Based on a recent Canadian Mortgage and Housing Corporation’s quarterly review)
Help reduce your taxes: Claiming property related expenses and the interest on the mortgages may help offset the taxes owned on your regular source of income.
However, as with any investment, it is important to take all the factors (both positive and negative) into consideration when making your decision. Speak with knowledgeable, trusted and experienced real estate professionals like the Renaud Otten Team to discuss investing in real estate. Call us today at 613-288-0090 or email us at mail@OttawaProperties.com.
"Extremely satisfied with all respects of the services provided to us by your entire team. Professionalism at the highest standard."
-Allen & Karen O'Hanley
"Selling a home is not an easy process. The people at the Renaud Otten Team made everything so easy. I would like to thank everyone there for the great work done!"
- Kim Hwang
"The Renaud Otten Team shared our thrill and enthusiasm in finding our "dream" home."
-Jim & Barbara Johnson-lafelice
"We were looking to buy our first home as we have a baby due in August. We found everyone at the office very friendly and helpful. Our buyer representative did an excellent job in helping us find the perfect home! ..."
-Jennifer Madge
"You guys are A1!!! When you are doing the best, better is hard to do. Thank you for everything you did for us."
-John & Salma Rahim
"We would like to take this opportunity to thank the Renaud Otten Team for the professional and expeditious work done in order to get our home sold. No sooner did we introduce ourselves, we congratulated each other within the week for completing the sale of our home."
-Bob Jarrett & Angela DiGiacomo
"Your team approach was recommended to me as being the most effective and efficient in the city. Everything was done well, thank you."
-Linda Russell
"What did we value the most from your team? Follow-up and great customer service!"
-Rosa Pace
"We really valued the time and effort you put into making the sale of our home a priority and the buying of our "dream" home a reality! You and your team were wonderful at communicating with us on a regular basis and being available for any needs that we had. Thanks again."
-Brenda & Chris Scott
"The individual attention given to each and every aspect of the sale of our house, from support literature to important closing strategies. We were so pleased that The Renaud Otten Team took the extra steps to realize a successful transaction. ..a very professional team which we would call upon again."
- Tom & Diane Illing