With all the talk of the “bubble bursting” in Toronto and The Greater Toronto Area, many Sudbarians are concerned about the state of our very own housing market. Despite speculation that the Toronto market is affecting Sudbury, the number of sales and average sale price are still increasing from last month and even last year. For example, Sudbury has seen a 12% increase in average sale price for August 2016 compared to August 2017. This is a considerable increase when compari
ROI (Return on Investment) and CAP rate (Capitalization Rate) are valuable tools for determining how profitable your investment property is or will be. Though both calculations are similar, what they measure and how they are calculated are slightly different.
ROI, or Return on Investment, measures the amount of return you receive on an investment relative to the cost of the investment and is displayed as a percentage. To understand how ROI is calculated, we must first under
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