Real estate

Investing in Real Estate: Should I Buy or Rent?

Real estate has always been considered a great investment as property value increases over time. However, real estate investments are not just limited to buying. Renting can also be beneficial.

You may be asking yourself whether you should buy or rent a property. Long answer, short: it depends on your wants and needs. In order to help your decision-making process, here are some factors you should consider when deciding between buying and renting.

What are the benefits of buying?

Homeownership is enticing (doing things on your own terms is definitely a plus). Here are some common benefits to buying a home:

What are the downsides of buying?

What are the downsides of renting?

It’s all about you

There’s no direct answer. Hopefully these factors allowed you to better evaluate which option is best for you given your circumstances.

At the intersection of Villeray & Little Italy, Le Nuovo offers you the opportunity to live in a high-end building and enjoy practical services and conveniences, without the constraints of co-ownership. A 6-storey building, Le Nuovo includes units of several styles between 700 sq. ft. and 1,500 sq. ft., as well as a pharmacy on the first floor. This 2016 real estate project combines luxury, design, comfort and convenience—the result of meticulous and modern design.

Similar articles

Real estate

Investing in Real Estate: Should I Buy or Rent?

Real estate has always been considered a great investment as property value increases over time. However, real estate investments are not just limited to buying. Renting can also be beneficial.

read more »

Lifestyle

Five activities to do in Little Italy

Named after a great wave of Italian immigration in the early 20th century, Little Italy is a neighbourhood north of the Mile End that is filled with Italian bakeries, restaurants and cafes.

read more »

Lifestyle

Five activities to do in Villeray

Located on the northern part of the island of Montreal, Villeray welcomes you with its dynamic and buzzing atmosphere. Here are a few activities to help you get to know this charming neighbourhood.

read more »

View more articles