The best types of residential real estate investment properties in Ottawa that offer the greatest cash flow and value appreciation can vary greatly from neighborhood to neighborhood. You can browse some excellent examples here. The best type of real estate investment is also dependent on the investor and his risk tolerance and experience.
For a first time Ottawa real estate investor a solid advice is to start small. Typically,the safest type of properties for a first time investor would be a low maintenance town house or apartment condo unit where the condominium corporation looks after most issues such as maintenance. There is a wide variety of Ottawa homes for sale that a beginner real estate investor can take advantage of. One can target areas close to the University of Ottawa,Carleton University or Algonquin College. All of these educational institutions have thousands of students attending and providing a huge demand for inexpensive,low maintenance rental housing.
Targeting government of Canada employees in the central Ottawa neighbourhoods is another great option. These areas offer a variety of new and older condominiums close to offices,banks,entertainment venues,dining and bike routes. As the Ottawa down town core neighbourhoods,the so called business district is home to many government offices the demand for high quality rentals is very high. There is certainly no shortage of Ottawa homes for sale in the central Ottawa neighbourhoods. For more information check out Ottawa Property Listings.