Real estate investors love a good rule of thumb. Enter the 8/16 Rule—a simple way to gauge whether buying a rental property makes financial sense.
If a property’s price is 8 to 16 times its annual rent, it’s in the “green zone.”
Below 8? A steal.
Above 16? Cash flow could be an issue unless appreciation is in your long-term strategy.
So how do 21 Canadian cities stack up? Here’s the breakdown.
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Whether you're a seasoned investor or just starting out, knowing where to buy can make all the difference.
