Reducing the cost of real estate in Canada, observed in September 2008. The reason for this was the global economic crisis. However, the housing market, he raised less than, for example, the
automotive industry of the country, and did not last long - until March
2009. Today, the situation has stabilized.
If you look at how to develop Canada's housing market in recent years, no major shocks, we do not see. Overheated market was the only one, said Nikolai Konkin, a representative of Re / Max Unique, from 1985 to 1990. After the independence of Hong Kong announced, the Chinese capital poured into Canada. Accordingly, apartments and houses in the country rose sharply, prices in the period increased by half. Today, according to experts, the cost of real estate in different cities of the country. For example, in Vancouver, the price for the facility is on average 608 thousand. Canadian dollars in Toronto - 387 thous. In Calgary - 388 ths., In Ottawa - 315 ths., Quebec - 215 thousand. At the same time, in some prestigious areas prices could exceed several million dollars.
Toronto - one of the largest cities in North America, it is also the third largest financial center of Canada. In addition, Toronto is among the ten most economically developed cities in the world, along with London, Hong Kong, New York, Tokyo, and so on. N. Today, the city is actively built. The most popular area is located next to Lake Ontario. Here 1 square. m in high-rise building is an average of 4 thousand. USD.
Recently, the market came to Toronto the world's major corporations Lodging: Shangri-la, Four Seasons Trump. Today, a few steps away from the city center, a project Ritz-Carlton. On the first 20 floors of the complex will be located hotel famous brand, the rest 30 - apartment. The apartments of 130-200 square meters. m with panoramic windows are completely ready to move in. For apartments of 150 square meters. m or more, with individual lift. The complex has a spa, gym, swimming pool, restaurant. Says Elena Yurgeneva, head of foreign real estate company Knight Frank, apartments cost from 1.6 to 9 million Canadian dollars. Often such housing is removed for its managers of large corporations. Rent costs an average of 10 thousand. Dollars. / Month.
One of the attractions of Toronto city considered underground heated (Path). It can be accessed from any skyscraper located in the center, it is enough to go down a few floors below ground level. Here are placed shops, offices, restaurants, recreational areas with parks and fountains. This also go underground line is a railway junction and a large parking. If you wish, you can drive to and from work, not rising to the surface. Then there is no need not only the car, but also a warm winter clothes.
Project Casa realize close to the pedestrian street, located near the Catholic Church and the building of the university. The cost of real estate of 6.5 thousand. USD / sq. M. m. Penthouses are more expensive, on average, 8.2 thousand. USD / sq. m. m. Their area of 120 square meters. m. Located duplex apartments on the 45th and 46th floors of the building.
No less interesting is offered in the projects One Bloor East, One Bedford, L-Tower.
Winter Olympics, held this year in Vancouver, has once again proved that in Canada there are not only excellent natural conditions for winter sports, but also created an excellent infrastructure.
Vancouver is the largest city on the Pacific coast of the country and is considered one of the best in the world to live. "Sustainable economic growth, low unemployment and the highest standards of quality of life provide a positive dynamics of development of real estate prices in the region, even in the context of a general decline characteristic of virtually all of North America - said E. Yurgeneva. - Since the beginning of the mortgage crisis in the US real estate prices in Vancouver did not fall, and grow up. Only in the last months of 2009 the value of real estate increased by 1.9% (the highest rate of all cities in Canada). "
Winter Olympics warmed interest in the region. But as the country's economy is one of the most stable in the world, a sharp rise in property prices has not occurred. In contrast, for example, from our Sochi, where the cost of the objects began to rise as soon as it became known to hold the Olympics in the city.
Currently, the Vancouver ski resort realize exclusive objects in complex Revelstoke Mountain R, British Columbia at a price of 439 thousand. Canadian dollars.
There are many decent ski resorts. In summer, in places you can ride a mountain bike (or rafting), and in the winter - skiing. By the way, in Canada, one of the longest ski seasons, it lasts from November until the end of May, in some places you can ride all year round.
Near the slopes build housing and the cost of the various classes. One of the projects Fraternite-sur-Lak implemented in Quebec. The complex consists of several houses in which three, four or five bedrooms. This three-storey houses, built with wood and other environmentally friendly materials.
In Montremblane - the oldest national park and ski capital of Eastern Canada you can buy a two- or three-level today, townhouses and homes for two families. Their price is 230 thousand. USD. And above. In the houses of three, four or five bedrooms, bathrooms, sauna, Jacuzzi, fireplace, porch.
Besides skiers property in Canada is often selected golfers. Unlike Spain or Portugal, two well-known golf powers, the price of Canadian real estate adjacent to golf courses, meet the highest standards, is much lower. For example, in Cape Breton implemented a luxury project, which is located in the center of the professional golf course with 18 holes. It boasts a restaurant, bar, shops, a spa and gym, tennis and squash courts, a curling track, riding center and airstrip for private planes. Villa with two or five bedrooms and bathrooms, a sauna and hot tub will cost future owner in the amount of 400 thousand. Up to $ 1 million.
Quebec also has a golf complex. For example, the project Eagle Ridge Resort and Spa to the golf course for 18 holes. Buying property here, and the owner receives the well-developed infrastructure.
Safe procedure
Property rights in Canada are protected. The whole transaction takes place under the supervision of an attorney, which provides full transparency. If you buy a property on the secondary market, the history of the apartment will be checked for the past 40 years.
Once you have decided to reserve the selected house or apartment, you must pay a deposit in the amount of 5 thousand. Canadian dollars. And for ten days, you can opt out of their plans. A lawyer will cost $ 1,500., Insurance - 200-250. Accommodation in the primary market of real estate insure against construction defects. Repair costs are reimbursed in the event that during the year to detect defects in glass, bulging floors in the apartment, and the like; insurable event may occur and after seven years if the structure, for example, has a crack.
It is possible to pay for the purchase in several stages, with the money coming in or the lawyer of the construction company, your lawyer or a special trust account. The role of the estate agent is that he is preparing an investment program and accompanies the transaction (the choice of real estate, contract financing). Today in Canada, widespread practice of e-registration of apartments, where all of the information entered into the database, excluding paper carriers with seals.
By the way, in Canada, there is a single database where you can see all the offers on the real estate market, sales history, to find out who the owner of the property, the size of the site and its location. And it is not "flat-ghosts", which has long been sold, and the real objects of the present, not a fictional story.
In Canada, a foreigner can get a mortgage. For example, if the purchase price does not exceed 800 thousand. Canadian dollars, the amount of the initial payment will be 35% on the remaining amount the bank will give credit. If the property is expensive, it will have to pay 50% of the cost of housing. To cover the cost of mortgage payments in the future, you can take my apartment for rent. Note, however, that Canada is prohibited to hand over the apartment for a short period, such as one month. Usually lease is issued for one year. This is done for the convenience and safety of other residents of the house: the neighbors like consistency.
If you look at how to develop Canada's housing market in recent years, no major shocks, we do not see. Overheated market was the only one, said Nikolai Konkin, a representative of Re / Max Unique, from 1985 to 1990. After the independence of Hong Kong announced, the Chinese capital poured into Canada. Accordingly, apartments and houses in the country rose sharply, prices in the period increased by half. Today, according to experts, the cost of real estate in different cities of the country. For example, in Vancouver, the price for the facility is on average 608 thousand. Canadian dollars in Toronto - 387 thous. In Calgary - 388 ths., In Ottawa - 315 ths., Quebec - 215 thousand. At the same time, in some prestigious areas prices could exceed several million dollars.
Toronto - one of the largest cities in North America, it is also the third largest financial center of Canada. In addition, Toronto is among the ten most economically developed cities in the world, along with London, Hong Kong, New York, Tokyo, and so on. N. Today, the city is actively built. The most popular area is located next to Lake Ontario. Here 1 square. m in high-rise building is an average of 4 thousand. USD.
Recently, the market came to Toronto the world's major corporations Lodging: Shangri-la, Four Seasons Trump. Today, a few steps away from the city center, a project Ritz-Carlton. On the first 20 floors of the complex will be located hotel famous brand, the rest 30 - apartment. The apartments of 130-200 square meters. m with panoramic windows are completely ready to move in. For apartments of 150 square meters. m or more, with individual lift. The complex has a spa, gym, swimming pool, restaurant. Says Elena Yurgeneva, head of foreign real estate company Knight Frank, apartments cost from 1.6 to 9 million Canadian dollars. Often such housing is removed for its managers of large corporations. Rent costs an average of 10 thousand. Dollars. / Month.
One of the attractions of Toronto city considered underground heated (Path). It can be accessed from any skyscraper located in the center, it is enough to go down a few floors below ground level. Here are placed shops, offices, restaurants, recreational areas with parks and fountains. This also go underground line is a railway junction and a large parking. If you wish, you can drive to and from work, not rising to the surface. Then there is no need not only the car, but also a warm winter clothes.
Project Casa realize close to the pedestrian street, located near the Catholic Church and the building of the university. The cost of real estate of 6.5 thousand. USD / sq. M. m. Penthouses are more expensive, on average, 8.2 thousand. USD / sq. m. m. Their area of 120 square meters. m. Located duplex apartments on the 45th and 46th floors of the building.
No less interesting is offered in the projects One Bloor East, One Bedford, L-Tower.
Winter Olympics, held this year in Vancouver, has once again proved that in Canada there are not only excellent natural conditions for winter sports, but also created an excellent infrastructure.
Vancouver is the largest city on the Pacific coast of the country and is considered one of the best in the world to live. "Sustainable economic growth, low unemployment and the highest standards of quality of life provide a positive dynamics of development of real estate prices in the region, even in the context of a general decline characteristic of virtually all of North America - said E. Yurgeneva. - Since the beginning of the mortgage crisis in the US real estate prices in Vancouver did not fall, and grow up. Only in the last months of 2009 the value of real estate increased by 1.9% (the highest rate of all cities in Canada). "
Winter Olympics warmed interest in the region. But as the country's economy is one of the most stable in the world, a sharp rise in property prices has not occurred. In contrast, for example, from our Sochi, where the cost of the objects began to rise as soon as it became known to hold the Olympics in the city.
Currently, the Vancouver ski resort realize exclusive objects in complex Revelstoke Mountain R, British Columbia at a price of 439 thousand. Canadian dollars.
There are many decent ski resorts. In summer, in places you can ride a mountain bike (or rafting), and in the winter - skiing. By the way, in Canada, one of the longest ski seasons, it lasts from November until the end of May, in some places you can ride all year round.
Near the slopes build housing and the cost of the various classes. One of the projects Fraternite-sur-Lak implemented in Quebec. The complex consists of several houses in which three, four or five bedrooms. This three-storey houses, built with wood and other environmentally friendly materials.
In Montremblane - the oldest national park and ski capital of Eastern Canada you can buy a two- or three-level today, townhouses and homes for two families. Their price is 230 thousand. USD. And above. In the houses of three, four or five bedrooms, bathrooms, sauna, Jacuzzi, fireplace, porch.
Besides skiers property in Canada is often selected golfers. Unlike Spain or Portugal, two well-known golf powers, the price of Canadian real estate adjacent to golf courses, meet the highest standards, is much lower. For example, in Cape Breton implemented a luxury project, which is located in the center of the professional golf course with 18 holes. It boasts a restaurant, bar, shops, a spa and gym, tennis and squash courts, a curling track, riding center and airstrip for private planes. Villa with two or five bedrooms and bathrooms, a sauna and hot tub will cost future owner in the amount of 400 thousand. Up to $ 1 million.
Quebec also has a golf complex. For example, the project Eagle Ridge Resort and Spa to the golf course for 18 holes. Buying property here, and the owner receives the well-developed infrastructure.
Safe procedure
Property rights in Canada are protected. The whole transaction takes place under the supervision of an attorney, which provides full transparency. If you buy a property on the secondary market, the history of the apartment will be checked for the past 40 years.
Once you have decided to reserve the selected house or apartment, you must pay a deposit in the amount of 5 thousand. Canadian dollars. And for ten days, you can opt out of their plans. A lawyer will cost $ 1,500., Insurance - 200-250. Accommodation in the primary market of real estate insure against construction defects. Repair costs are reimbursed in the event that during the year to detect defects in glass, bulging floors in the apartment, and the like; insurable event may occur and after seven years if the structure, for example, has a crack.
It is possible to pay for the purchase in several stages, with the money coming in or the lawyer of the construction company, your lawyer or a special trust account. The role of the estate agent is that he is preparing an investment program and accompanies the transaction (the choice of real estate, contract financing). Today in Canada, widespread practice of e-registration of apartments, where all of the information entered into the database, excluding paper carriers with seals.
By the way, in Canada, there is a single database where you can see all the offers on the real estate market, sales history, to find out who the owner of the property, the size of the site and its location. And it is not "flat-ghosts", which has long been sold, and the real objects of the present, not a fictional story.
In Canada, a foreigner can get a mortgage. For example, if the purchase price does not exceed 800 thousand. Canadian dollars, the amount of the initial payment will be 35% on the remaining amount the bank will give credit. If the property is expensive, it will have to pay 50% of the cost of housing. To cover the cost of mortgage payments in the future, you can take my apartment for rent. Note, however, that Canada is prohibited to hand over the apartment for a short period, such as one month. Usually lease is issued for one year. This is done for the convenience and safety of other residents of the house: the neighbors like consistency.
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