There is no other investment that has made more millionaires than Real Estate. Investing in Real Estate is the sure fire way to secure your future but getting started can be overwhelming to the 1st time investor.
We are very fortunate to be in the Kitchener Waterloo area. REIN (Real Estate Investment Network) has ranked Kitchener and Cambridge as the #1 best town to invest in in Ontario. Why?
A strong economy. A strong TECH & manufacturing base makes our economy strong & vibrant. Our area has a reputation for some of the brightest technology & IT minds in the country. In 2016 7 local tech companies were name in Deloitte’s 2016 list of Canada’s 50 fastest-growing technology companies. Home to Blackberry, Google, Thalmic Labs, Vidyard just to name some Kitchener Waterloo has some of the hottest tech companies in the country. Backed up by a strong manufacturing presence with plants such as Toyota and insurance giants such as Manulife & SunLife our area can offer a highly educated workforce allowing Waterloo region to have one of the lowest unemployment rates in the province at 5.1%
Great Location. Kitchener Waterloo is centrally located. With easy access to Highway 401, rail, GO and VIA rail commuting is easy. Air travel is close and convenient with Toronto Pearson International less than an hour away and the added convenience of our own airport with the Region of Waterloo International Airport in Breslau. The vibrant, growing communities of Guelph and Cambridge are on our doorstep. The U.S. border is within driving distance and one of the top travel destinations in the world, Niagara Falls, is less that 2 hours away.
World Class Post-Secondary Institutions. Kitchener-Waterloo is home to The University of Waterloo & Sir Wilfred Laurier University. The University of Waterloo was ranked the most innovative university in Canada for 25 years by MacLean’s magazine and is #1 in the world for employer partnerships. With 40,000 enrollments annually and 17% undergraduate students that are international UW enriches our area and provides a strong base for Real Estate investors. Lauier is a leading Canadian University know for academic excellence with an enrollment of 19,000. Known for their social innovation & social entrepreneurship they were recognized in 2016 as a “Changemaker Campus”. Conestoga College is a leader in polytechnic education and is one of Ontario’s fastest growing colleges. These institutions allow our area to attract large investors and a world class calibre of talent.
Affordable Real Estate. Prices in the KW area are much lower than the areas surrounding it. The average sale price of a single detached home is $458,808 in comparison to $501,000 in Guelph and Toronto at 1.49 million. Average rental price for a 2 bedroom was $1,216/mo. Low average sale prices, a hot rental market supported by influx of students and workers and a low vacancy rate at 2.7% makes investing in the KW area very attractive to the savy investor.
Growth. Waterloo region has ranked 10th for population growth among Canada’s 35 largest urban area. New census data shows our population has outpaced the national growth rate over the last five years. Kitchener’s population grew by 6.4% & Waterloo’s by 6.3%. Kitchener is expected to grow by as many as 100,000 people with 40,000 new jobs by 2031. Our market is booming and last year saw a leap in residential building activity with more than $1 billion worth of permits, $1.4 billion in new construction and about 5,400 residential units were added (50% more than in 2015). The Waterloo region’s comprehensive growth strategy https://www.kitchener.ca/en/insidecityhall/resources/GrowthManagementStrategy.Pdf ensures a secure long term investment.
Waterloo region is a great place to invest. Buying and holding Real Estate will ignite your life and secure your future. Jim Reitzel offers a FREE no obligation monthly seminar that will take you step by step towards financial freedom. Our Millionaire Investment Seminar is based on the best selling book by Gary Keller with Dave Jenks & Jay Papasan.
Based on extensive research and interviews with more than 120 millionaire real estate investors, Gary Keller’s “how-to” guide reveals the models, strategies and fundamental truths
millionaires use to become wealthy through real estate. Our seminar takes a hard look at the money myths that hold some people back from financial freedom, and the money truths that let others soar.
MREI explores the “MythUnderstandings” about the way people view investing. For example, despite what most people think, investing by definition and design is not risky.
Millionaire Real Estate Investors employ time-tested strategies to avoid risk and, in the end, take luck out of the game.
Our seminar will cover:
Types of Investors
Dos and Don’ts
The Big Why
Levels of Investment
Register now at suzanne@JimReitzel.com or (519)570-6299