Why Real Estate Usually Wins Over RESPs For Funding Education

As education costs rise and the financial future becomes more uncertain, Canadian parents are facing tough questions. Is saving through a traditional RESP enough? Or is there a better way to not only fund education but build lasting financial security for the family?

The Registered Education Savings Plan (RESP) has long been a trusted tool, offering government grants and tax-sheltered growth to help families save. But when you dig deeper, its limitations become clear—RESPs can cover education costs but offer little else.

Real estate, on the other hand, when done right can provide a powerful alternative. It not only helps fund education, but creates enduring financial opportunities for your family.

Your child studying to become a medical doctor can cost upwards of $250,000 which will be beyond the means of even the most diligent of parent savers. I have helped several of my clients purchase cash flowing real estate that have helped them build wealth. Feel free to consult me for ideas on how to get started.