Where to Buy Properties in Canada

Though Canada has a very similar lifestyle and quality of life as in the United States, the real estate market there is much more stable. The Canadian real estate market didn’t experience the crash that the States experienced, and in the last few years, has gone up in value, making great returns for those who invested. It’s difficult to generalize the entire country’s market, so we have broken it up into cities that might be interesting for potential American investor.

Toronto

No, it’s not the capital of Canada, but it is its biggest city, boasting a population of 2.8 million, and a thriving real estate economy. Prices have grown dramatically in the last few years, making it difficult for many to afford. However, Canada has learned from its southern neighbor and has been careful with financing options, avoiding the “bubble”. Instead, think of this high value market as a “play big, win big” opportunity. With Lester B. Pearson International airport, Toronto is a global city that is well linked with the rest of the world.

Montreal

The closest you are going to get to Europe on the North American continent, this cosmopolitan center is a great place to own a property. There are a range of options, from houses to stacked townhouses. Find condos for sale in Dorval near urban amenities and green spaces, perfect for working individuals as well as families with kids. You could invest in a long-term rental here, as well as other options, as this is a thriving city with plenty of tourists, conferences, etc.

Vancouver

Dramatic landscapes, mild weather, liveable communities all sound like one amazing Canadian city: Vancouver. “Vancity” as it is known, has been an investors’ darling – high, growing prices as this metropolis gains more and more momentum and desirability. Though the point of entry is sky high, we don’t foresee the prices dropping, and besides – who doesn’t want to own property here? Some say it’s as close as you get to utopia in North America.

Windsor

The city bordering with Detroit shares a river but none of its recent problems. Low real estate prices makes this a desirable investment opportunity as it is easy to enter, yet the prices have been on an upward turn. Many like Windsor for its long summer with balmy weather and the opportunity to play in Detroit while live in more family-centered Windsor. Traveling back and forth to the States is very approachable and easy, as there is both a bridge and a tunnel that connects these two cities. Furthermore, there is some beautiful countryside just outside of Windsor, full of wineries, fruit farms, and amazing views of Lake Erie. Truly a retiree’s dream.

Cornwall

If you really don’t have a lot of cash to invest, Cornwall could be just what you are looking. You can find a great deal on spacious homes in this small city, once again close to the US border. It’s a beautiful municipality on the St. Lawrence River and close to the major cities of Ottawa and Montreal. If big cities are overwhelming to you and all you want is a quiet town that still has all the essentials of the city, Cornwall could be the place for you.

There are many different places that you could be interested in buying properties in Canada. Depending on your budget and what your long-term goals are, it might be worth talking to an international property specialist who will have a more focused approach and will able to help you with the paperwork required in an international purchase. Buying abroad might seem complicated and exotic right now, but when it’s Canada, you know that it is a safe bet, perhaps even safer than at home.

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