* Overseas real estate investment has been completely liberalized. If you are planning to study abroad for at least 2-3 years, it is also worth considering purchasing a home from the beginning of your study abroad.
* The current interest rate for housing loans from financial institutions is very low. If you are able to make a certain down payment, it is more than enough to cover mortgage repayments (principal + interest) and property taxes, which are much lower than rent.
* If you anticipate the value of the home after a certain period of time, such as 5, 10, or 15 years, and after the study abroad period, the forgotten amount invested through the down payment could become the largest asset for the student.
* Even for those planning short-term study abroad for 1-2 years, if they anticipate further university study abroad, immigration, or long-term investment, purchasing a home and renting it out for a period of time until they return can also be a good way to prepare for the future.
* With Canada’s low housing loan interest rates and robust rental regulations, the expected return on real estate investment in Toronto is also expected to be quite high.