The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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Are House and Land Packages Good Investments?
– investitwisely.com
Whether you’re tossing up between purchasing an apartment, townhouse, established home or new build for your next investment, each type of property comes with its respective pros and cons. If you’re considering the prospect of building your next investment by purchasing a house and land package, there are a few things you should consider before jumping in head first.Let’s take a look at some of the things you should consider before you decide if it’s the right fit for your portfolio.
Affordability
One of the most appealing factors of house and land packages is the value for money they offer. Basically, you get a whole lot of house for a comparatively affordable price.
Depending on the local market conditions in the city you’re purchasing in, you can generally purchase a brand new three or four-bedroom house on a large block of land for a good price. For example, four-bedroom house and land packages in Melbourne sell for around the same price as two-bedroom townhouses closer to the city…
