Deakin, Immeubles Deakin Realty

The Deakin Blog

Intro to Revenue Properties

Intro to Revenue Properties

This year, we’ve experienced a noticeable increase in clients interested in the idea of owning a revenue property. The volatility of the stock market in 2020 has been unsettling. It therefore comes as no surprise that individuals are looking for a more secure place to invest – “bricks and mortar”. The local real estate market’s performance has been exceptional, with the median price increasing by 47% in only the last five years. The real estate market’s continuous appreciation accompanied by historically low interest rates makes it seem like a “no brainer” to diversify your portfolio by investing in real estate.

Owning a revenue property comes with the responsibility of being a landlord, which can be both a rewarding and challenging experience.


Property ownership allows you to earn passive income through your savings, while also building equity with your tenants’ rent. Over time, a landlord can increase rent revenue through small improvements that will generate a positive return in cash flow and on the market value of the property. Many of our clients simply enjoy the ability to have greater control over their investment.


Ownership comes with responsibility, things can break or go wrong and since you are the owner, the buck stops with you. Periodic repairs are normal and it’s important to have a maintenance and repair plan and budget. Additionally, tenants don’t generally treat your property like their own, so you have to be ready to roll up your sleeves between tenants to give the property a refresh. Choosing the right tenant’s is of utmost importance. Finally, although vacancy rates are very low, you can be faced with some periods of reduced or no rental income at all. You must be financially able to carry any associated costs on the short term.


For most investors, the first purchase is the biggest leap of faith, and it needs to be comfortable. That is why most start out with a small single-family dwelling, solid bungalow or maybe a townhouse or a condo. These types of homes are generally easy to rent, easy to maintain and still somewhat affordable. A duplex or triplex may also be considered, although there are not too many options in the West Island and are very sought after, so finding one with a good potential return is a challenge. Individuals are much better off being represented by an experienced realtor to guide you through this buying process. We have tools to help evaluate different opportunities and can guide you towards the investment option that makes the most sense for your situation and risk tolerance.


Look for properties in a good location where there will always be rental demand. We have found that properties in the $1500-$3000/month range offer the most stable tenant profile. (professionals, small families). For higher returns, multi-residential apartments places like Ste-Anne de Bellevue are of interest due to a large student population. Choosing post grad students or having parents co-sign on leases are important to protect your investment.

It’s also important to have good connections/contacts with tradespeople in your network so you can always get help with unexpected repairs.

Consult an accountant to see how your initial purchase and the associated costs could help you with some income tax savings.

Separate the investment from your own home! This one is tricky, but a landlord must learn to sperate what makes sense in a rental property from what you would do at your home. There are different considerations when looking for ROI versus looking to renovate or update your own residence. You want to provide a safe and clean environment to the tenants, but there will be a difference in terms of quality and materials used in a rental.

Finally, be patient. In our market, quality investment options are few and far between. Having the cash and financing ready and in place is an important first step, but don’t jump on the first option you consider. Having a local expert present and evaluate options is a key.

Our firm helps dozens of investors with the purchase and sale of revenue properties every year. Give us a call and we would be happy to take the time to meet and explain how we can assist in the process.

Thank you once again for guiding us through this process. Your ability to balance professionalism and the human aspect of this process is top drawer.


Deakin Realty displayed great professionalism in every aspect of their work and in all cases they made sure the transaction was good for all parties.


Your help & professionalism throughout the buying process, and your ‘words of wisdom’ during our selling process have been greatly appreciated.

Sophie & Mark

Thank you for a job well done. We’re both so excited to have clinched the deal of the year in Beaconsfield.

Denise & Gary

Nancy, thank you for all your hard work and patience, and for not giving up on us during this house hunt.

Stefano, Melissa & Zara

Thank you for everything John. You have been so dedicated and helpful throughout our journey!


Merci d'avoir pris soin de ma mère et ce plus que votre travail ne l'exigeait.


Your knowledge of the housing market was critical in helping manage the sale of our condo and the purchase of our new home. The practical and helpful recommendations made things easy on both ends.

Rob & Sonia

Thanks again for your good work. You were right about the price and the timing for the sale. A celebration is in order!


Thank you so much for all your time, help, advice and patience in getting my house sold. I really appreciate it!


In our business, referrals are important to both the referring party and the receiving side. Thanks so much for a job well done. I hope to refer your family more business.

Peter Blanchard, President - Terramont Real Estate Services

Deakin Realty met all of our objectives and helped make our condo project a success. They are proactive, highly professional and capable of adjusting to changing conditions.

Marc-Andre Legault - Developer - Les Cours Sherbrooke

Thanks for treating us like family!

The Halls

Thanks for everything, as you can imagine we have every reason to be grateful for your help.

George & Martha

Thank you Jay, Nancy and Alexa for all your work! I really appreciate the attention to detail and your thoughtfulness throughout the selling process.


Thanks for everything you have done. It has truly been a pleasure selling through you.


I couldn't have imagined this going any smoother than it did. Thanks for a well thought out plan and execution.

Marcel & Liz

Having such a well organized group looking after us made our house hunting trip all the easier…those added touches you do really make all the difference between ‘good’ and ‘the best’.

Laura & Daniel

Thanks for understanding our needs and finding our family a great home! We would highly recommend Deakin Realty to anyone who is interested in buying or selling.

The Brown Family

We would like to thank you so much for all your hard work in finding our first home. Your patience, professionalism, friendship and perseverance was greatly appreciated.

Christina & Kevin

I know you did a lot of hard negotiating to arrive at a mutually satisfactory solution and we need to congratulate you for that. Thanks for your very significant effort.

Mike & Anna

You are a true angel in disguise. We can never express our appreciation for the knowledge, service and kindness you have shown.

Jane & Larry

As a first time buyer, I had a lot of questions and you took the time with me. Not all agents would have done this - I know, since I dealt with others before meeting you.


I'm not sure we can ever fully express how much we appreciate all you have helped us with. It has been a stressful time but was made much less so through the referrals you gave us.


Thank you so much for your support and patience during this difficult time with Mom and the sale of her beloved home. I truly appreciate your kindness.


Thanks ever so much! It was our lucky day when we met you. You can always count on us as reference for your future clients.


Nancy, thank you for all your help and invaluable guidance!

Katy & Kevin

You listened and went far and beyond what any other real estate organization could or would do. We are happy to say that we consider you a friend and look forward to working with you again.

The Adrian Family

The Deakin team made our relocation from Halifax a pleasurable experience. Their professionalism and knowledge of the real estate market helped us find the perfect home.

Jason & Shannon

Thank you for taking care of my mother ‘above and beyond the call of duty’


You were understanding, professional and endlessly patient throughout this sometimes challenging process. You went out of your way to make it work out, both for us and for our "perfect" buyer.


Thanks again for all your help... attention to detail... sanity checks... moral support... hand holding... i.e. the usual wonderful Nancy Deakin service!!

Sandra & Larry

You did everything we asked for and more, and talked me off the ledge more than once. We were so impressed, and we wouldn't hesitate to recommend you to others.

Pamela & Doug

I want to thank you for the amazing work done at selling and purchasing my homes. Your dedication, hard work and professionalism are very much appreciated.


I was really worried about finding the "right" person to work with my Mom. Your approach, patience and sense of humour won her over right away, and your follow up has given all of us a lot of comfort through this. Jay, I could not imagine a better fit.


Thanks again for your good work. You were right about the price and the timing for the sale! A celebration is in order.


Thank you for everything you have done. It was a wonderful experience selling my house with your help.


We would like to thank you again for helping us find a great home and for all of your advice over the past couple of months. We'll definitely recommend you to our friends...

Christina & Rob

Merci pour tout votre support et votre patience!


You have a way of treating your clients as they are you only client. You always responded within hours of a call. That is what I call great customer service.


You thought of every detail inside and out - a job well done to you and your team!


We really wanted to take the time to properly thank you. You were always there for us, and put alot of time into our home with all the advice and visits. We really appreciate it! You'll always come highly recommended by us.


The whole experience dealing with you was efficient, seamless and painless. You are a true professional and a good advisor. I felt I was the only client you were dealing with.


I would not consider making a sale or purchase in the West Island without involving Deakin Realty


Deakin Realty provides their clients with total professional, businesslike, and enthusiastic care. They talk to you. They get results. What more could you look for in a real estate firm?

Walter & Pamela

Thanks again for everything you have done to help us through this difficult (more difficult than normal in this case) process, and for your patience with me.

A & M

I appreciated your expertise, competence and advice. These confirmed that my insistence on having you as the sole agent for my property was the right decision.


We appreciate all the efforts, dedication and patience you are putting into finding us a house. Thank you for everything that you are doing for us.

Martin, Natalie & the girls

Thank you Jay & the Team for your professionalism and patience. Your market knowledge and detail work helped bring our situation to the next level.

Serge & Elaine

You are a marvel as Mom is so very comfortable with you and John. You are stars and much appreciated.

Cydney & Les

Deakin Realty achieved the best possible result: a lease that pleased both landlord and tenant. We were so impressed with Nancy and her team that we asked them to work on another project for our company.

Richard King - Owner – Elm Plaza

We are so very appreciative of all your efforts in selling our home and finding a new one. The Deakin Realty family is truly professional.

Kathy & Brian

Thanks to you and the Deakin team for everything you did for us. We really appreciate working with knowledgeable and experienced business people.

Fred & Lynn

Thanks again for all your help with everything! You were fantastic, and Stef and I are thrilled that we were able to have you as our broker.


Thanks for finding our perfect house. We were out of town and trusted you to make an offer without actually seeing the house. Serious trust and you never let us down.


Merci beaucoup Nancy pour ton dévouement et ta patience. Nous sommes très heureux d'avoir fait cette très belle acquisition!


We just wanted to thank you so much for all you've done for us over the last year and a half. We always felt like you were sincerely putting our best interests first throughout this entire process.

James & Amanda

Thanks again for all your help, advice and patience during the purchase process. You really went above and beyond the average real estate broker's duty.

Matt & Anita

Encore merci pour nous avoir guidés tout au long de ce processus. Vous offrez l'équilibre parfait entre professionnalisme et humanité.


You truly could not have handled this tricky sale better and we will sing your praises to everyone we know.

Jen & Dave

As a non-profit agency, our survival is linked to those people in our community who have the kind of dedication & commitment shown by Deakin Realty. Keep up the good work.

Amcal Family Services

Thank you for your sensitivity and kindness. We also appreciated your level of professionalism and knowledge in the handling of our file.

Bruce & Lillian

You are incredibly professional even in the throes of an emotional and stressful decision. Thanks for your patience - we are thrilled with our new purchase!

Namta & Sara

Thank you very much for all your help in our transactions ... it was a delight working with such a professional!

Patrick Ducharme - Banque Nationale du Canada

Thank you for your prompt advice and help. It was nice to feel welcome to call you and have your support.

Eric & Janice

This is just a quick thank-you for all of your wonderful help in finding our first home. We really appreciated your patience, honesty and attentiveness. You may all rest assured that we will recommend Team Deakin.

Sonjali & Devi

We realized that we were dealing with a real estate “advisor” - who not only knows the local market and homeowners themselves, but an individual that thinks outside the box and brings creativity and enthusiasm to a profession that he truly loves.

Mark & Kelly

To the Deakin team - thank you for going above and beyond!


I just wanted to thank you for making all of this as easy and painless as possible. Your professionalism, initiative, positive attitude and willingness to take time to explain the process made the deal unfold very smoothly.


Merci pour tout! Ça a été un vrai plaisir de vendre par votre intermédiaire!


You are truly awesome. Pointe-Claire is a very lucky place to have you guys at the heart of it.