Investment in Residential Properties:

Another enticing approach is through New Construction booking, wherein builders currently offer enticing deals. With this approach, you commit to paying only 20 to 30 percent of the property's value over a span of 2 to 4 years, with the remainder financed through a mortgage. New Construction timelines typically vary:

• Detached houses: 1 to 1.5 years

• Semi-detached and Townhouses: 1 to 1.5 years

• Condominiums: 3 to 5 years

Suppose you secure a property reservation today with possession slated for the next 2 years. Over this period, you would pay just 20%, and you're not obligated to take possession upon completion. The property can be sold before possession is transferred. Given Ontario's trajectory over the past decade, envision the potential returns in the next 2 to 3 years. This dynamic presents an intriguing investment prospect.