August 01, 2024
Property Management Tips, RYPM Resources
RYPM
Rental property investment in Scarborough, Ontario, is a new yet very attractive opportunity for real estate investors. As a district of Toronto, Scarborough has availed of the widest array of diversity from population to facilities and eventually to transport links, making it the most preferred place to rent. At Royal York Property Management, we know every nook and cranny about Scarborough's real estate market and are always ready to help you through some of the best neighbourhoods for rental investment opportunities. As one of Canada's leading property management and leasing companies, with a $10.1 billion portfolio and in excess of 22,000 properties under management, we bring years of experience in identifying some of the key factors that set certain neighbourhoods apart for rental investments.
Why Invest in Scarborough’s Rental Market?
One can say that the economic growth and development of Scarborough are already at a high level due to infrastructure works in progress and a continuously growing population. Scarborough has the mix of urban and suburban characteristics, making it conducive to families, young professionals, and students. Such demand for renting properties avails the opportunity for an investor eyeing lucrative returns.
What Makes a neighbourhood Ideal for Rental Investments?