Cantiro Homes works with many individuals who use new homes as part of their investment portfolios. Learn more about how our homes could help you build your investments by clicking the links below.
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Show Home Leaseback Program Secondary Suite Townhome
Cantiro – The World’s Best Tenant
Renting out a property is a smart investment but finding tenants can sometimes be challenging.
Cantiro’s Show Home Leaseback Program lets you enjoy rental income without the hassle. We take care of your property like the world’s best tenant:
Your home stays in pristine condition, and you get guaranteed rental income—stress-free.
Look for “Leaseback Opportunity” Show Homes that are eligible
Show HomesWhy Buy a Home with a Secondary Suite?
At Cantiro Homes, we have a wide variety of models to choose from that allow for legal secondary or basement suites with separate side entry options in several of the communities that we build in. You can learn more about secondary suites in our Investing 101 series here.
Secondary Suites can help you with your mortgage and financing. If the home you are looking to buy includes an income suite and you are able to arrange and provide a renter, lenders including the CMHC will actually include the future rent payments as income in calculating your debt servicing ratios. This makes qualifying for a mortgage easier and your home more affordable.
When your home includes an income suite, you’re enjoying the benefit of a renter paying a portion of your mortgage. When the time comes to sell, you will have paid down more of your mortgage than you would have if you were living in the space alone.
Many families have parents and grandparents live with them. Secondary suites allow for multi-generational living space for extended family members while still having the option for privacy. It’s also a great option for adult children to live at home while going to post-secondary school.
By using the space more efficiently, secondary suites allow more people to live on the same property—increasing population density and reducing urban sprawl.
The Benefits of Buying a Townhome
Whether you’re considering purchasing one or multiple townhomes to help diversify your investment portfolio, boost your rental income, and maximize your savings, Cantiro’s Townhomes are thoughtfully designed to cater to the modern urban lifestyle.
Our townhomes have modern designs and features that are attractive to potential tenants for a price that is substantially lower than that of a single family home, thus requiring a smaller down payment.
An investment townhouse provides an excellent source of passive income. Passive income is money earned without labour – you don’t have to turn up at work for it.
Whether you’re purchasing a fee-simple townhome or a condominium townhome, our townhomes are designed with low-maintenance landscaping, saving you time and money.
Our townhomes are located in great areas near amenities, transportation and schools – a huge plus to attract rental tenants.
The Show Home Leaseback program offers a strategic investment opportunity with various benefits. Essentially, it involves purchasing a show home, which serves as a secure investment providing rental income while the property is leased as a show home. One key advantage is the limited construction in the vicinity, as show homes are typically among the first to be built. Additionally, these homes come professionally designed and decorated, reflecting the latest trends. Buyers also have the option to purchase the furniture if they’re enamored with the overall aesthetic. The program entails the leasing of the home, inclusive of utilities and maintenance, offering a steady income stream. With flexible possession dates and the prospect of mentioning the home’s show home status during resale, this program not only provides a unique investment avenue but also potential for enhanced resale value in the future. For more information, interested individuals are encouraged to reach out for additional details.
Investing in homes with secondary suites at Cantiro Homes can offer a range of benefits. These legal suites, complete with separate entries, not only provide extra income, but they also factor into future rent payments when calculating your mortgage. This can make the qualification process smoother and enhance overall affordability.
As a homeowner, you’ll find that having a renter contributing to the mortgage helps build equity at a faster pace. Plus, the setup of these homes allows for multi-generational living, giving you the flexibility to accommodate extended family members while still maintaining privacy.
For more in-depth information, you can check out our Investing 101 series
Multi-unit properties typically refer to multiple properties sharing walls with one another. These multi-unit or multi-lot blocks, commonly known as townhomes, can offer several advantages. One key benefit is the lower purchase price compared to single-family homes, making it accessible with a smaller down payment.
These townhomes boast modern designs that appeal to potential tenants, ensuring a steady stream of passive income. The term “passive income” is significant, as it means earning money without actively working for it, providing a lucrative investment opportunity.
Additionally, the low-maintenance features of these townhomes, including landscaping, translate to time and cost savings for investors. Whether it’s a fee-simple townhome or a condominium, these properties are designed for hassle-free living. The strategic locations of these townhomes near amenities, transportation, and schools further enhance their attractiveness to potential rental tenants, making them a smart investment choice.
We will always engage in strategic partnerships with investors, emphasizing a dual focus on profitability and sustained success, always keeping return on investment (ROI) at the forefront. However, the exact financial outcomes hinge on factors such as market conditions, property types, and various influencing elements. Rigorous research, encompassing community analysis, meticulous build processes, and property value evaluations, is undertaken to ensure positive results for both investors and the ongoing prosperity of Cantiro as a leading home builder and developer.
