We have created this real estate investor’s guide for those looking to buy income producing properties in Regina. Buying real estate is traditionally a sound and profitable investment offering both rental income and capital gains. The Regina rental market has become a popular place for real estate investors due to the record low vacancy rates and low mortgage rates.
What is an investment property?
Real estate purchased for the purpose of generating financial returns is called an investment property. The property could be a house, condo, or any multi-unit structure. Buying real estate is traditionally a sound and profitable investment, offering both rental income and capital gains.
Are you interested in owning investment properties in Regina?
The Regina rental market has become a popular place for real estate investors due to the record low vacancy rates, low mortgage rates, and the income potential these properties are generating. If you are a seasoned investor or looking to buy your first investment property, our team will walk you through the entire process.
Regina Rental Market Statistics
In the primary rental market, the vacancy rate in Regina’s privately-initiated rental apartments was 5.4 per cent in October 2015, up from three percent in October 2014.
The average monthly rent for a two-bedroom apartment in new and existing structures in the Regina CMA was $1,097 in the October 2015 survey, up from $1,079 in October 2014.
In Regina’s secondary rental market, the vacancy rate for investor-owned and rented condominiums increased to 4.6 per cent in October 2015 from 1.2 per cent in October 2014.