Google’s moving in Waterloo. #SiliconValleyNorth
CONNECT asset management
December 4, 2017
With a population of about 140,000 people, a third of them students and 20 percent working in the technology industry, Waterloo has been billed as Canada’s Silicon Valley. One of the many reason’s why Google decided to move in. Read more here. #WelcomeNeighbours
For years REITs, pension funds and other institutional investors understand that student housing close to colleges and universities provide a consistent high performing investment. The proposition is simple, buy near a major post secondary institution and rent to students who require accommodations.
The average Toronto area re-sale home price rose 1.7 per cent year over year in January to $748,328, including single-family homes and condos, according to the Toronto Real Estate Board (TREB), which is forecasting a 4 per cent annual price increase for 2019.
Looking for a pad within walking distance of Toronto's subway system? Good call. You'll get around the city a lot cheaper and faster than you would by taking a car—you just may have to pay a bit more for your home upfront.