Is it ‘worth the headache’ to rent out space in your home or own an income property? A new CIBC poll finds it can be

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TORONTO, May 17, 2018 /CNW/ – If you think being a landlord isn’t worth the trouble, think again. A new CIBC (CM:TSX) (CM:NYSE) poll of Canadian homeowners finds that those who own a separate rental property, earn on average $2,189 per month – 50 per cent more than their monthly costs. Further, those who earn income by renting out space in their home reduce their housing costs by as much as 70 per cent.

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