With higher interest rates, finding cash flow positive rentals in the GTA has become challenging. But for investors willing to look beyond Toronto proper, opportunities still exist.
Cash Flow Markets to Watch
Hamilton: Average duplex prices around $700K with combined rents of $4,000-4,500. Still possible to cash flow with 20% down.
Brantford: Emerging market with lower entry prices ($500-600K for singles) and strong rental demand from commuters.
Oshawa: University town with student rental demand. 5-bedroom homes near campus rent for $3,500+.
St. Catharines: GO Train expansion is driving growth. Entry-level investment properties still available under $600K.
Strategies for Better Cash Flow
Higher down payments: 25-35% down can turn negative cash flow positive.
Value-add opportunities: Properties with renovation potential can increase rents significantly.
House hacking: Live in one unit, rent the others. FHA-style financing with 5-10% down.
Looking for cash flow properties? I have access to off-market deals. Call 647-784-7924.