Cost of housing in Canada

[Colin Parkinson]

new 811 square foot condo, 2 bedroom $1.1m here in North Van.

 

[kratz]

Unfortunately true, my youngest had planned to move to Halifax as, at least there she had enough for a down payment, but then that area exploded just before she got there.

Sadly, an hour out of HRM is selling higher as well. We bought last year for our IRP.

 

[KTown Cowboy]

My next door neighbor's house sold for $179,000 in 2015, and it just went for $430,000 with an asking price of $330,000 in the Annapolis Valley, NS.

It's pretty bad in a lot of places in Nova Scotia.

 

[Halifax Tar]

In Fairview, a Halifax neighborhood with not the best reputation, a half a duplex with no front yard went on the market for 300K and the next day they had 31 showings and 13 offers and it sold for 520K.

 

[Quirky]

In Fairview, a Halifax neighborhood with not the best reputation, a half a duplex with no front yard went on the market for 300K and the next day they had 31 showings and 13 offers and it sold for 520K.

People are dumb.

 

[Humphrey Bogart]

People are dumb.

😎 yep!

I'm pretty pumped I'm living in Northern Ontario now. Cheap land and my quality of life improved significantly from living in the city. My money goes way further here.

 

[Colin Parkinson]

According to the Canada Mortgage and Housing Corporation, the average residential rent for a two-bedroom apartment was $1,120 in 2021. The average monthly mortgage payment on a $259,700 home was $1,358 in 2022, down from $1,393 a month in 2022. The CMHC also reported that the average rent for a two-bedroom apartment in a large Canadian city was $903 in 2022.

Not sure where you find those prices and rents here. Two bedroom apartments fetch about $1700 here. Even in 2001 my house was $335,000

 

[lenaitch]

Not sure where you find those prices and rents here. Two bedroom apartments fetch about $1700 here. Even in 2001 my house was $335,000

If CMHC is using national numbers, smaller communities across the country will skew the numbers. There are all sorts of towns in northern Ontario that average under $300K, some around $100K. Not individually huge in numbers compared to the GTA, but probably repeatable across the country.

 

[Bruce Monkhouse]

Not sure where you find those prices and rents here. Two bedroom apartments fetch about $1700 here. Even in 2001 my house was $335,000

I think its a bot just angling to get a post in for something in the future but I can't say 100% right now.

 

[mariomike]

This eight-foot-wide house in Toronto is up for sale — and could be yours for nearly $2 million​

This eight-foot-wide house in Toronto is up for sale — and could be yours for nearly $2 million

The three-storey home is split into three separate residential units, and even includes a private deck on the top floor.

www.thestar.com

the toilet and shower are located in one of the bedrooms.

 

[kev994]

This eight-foot-wide house in Toronto is up for sale — and could be yours for nearly $2 million​

This eight-foot-wide house in Toronto is up for sale — and could be yours for nearly $2 million

The three-storey home is split into three separate residential units, and even includes a private deck on the top floor.

www.thestar.com

I was ready to hit buy but the toilet in the bedroom just didn’t do it for me.

 

[brihard]

I was ready to hit buy but the toilet in the bedroom just didn’t do it for me.

You say that now, but it would be a godsend after a night of heavy drinking.

 

[lenaitch]

You say that now, but it would be a godsend after a night of heavy drinking.

The missus won't mind at all.

 

[mariomike]

Saw this in the local news,

"Alberta is calling".

They seem to be pushing the cheap cost of housing in Alberta.

Alberta Is Calling, but Is Anyone Picking Up the Phone? | The Tyee

Jason Kenney counts down to the end of his leadership with an odd appearance in a Toronto subway.

thetyee.ca

Jason Kenney counts down to the end of his leadership with an odd appearance in a Toronto subway.​

 

[Good2Golf]

Was fully expecting a Beaverton article titled “At Least It’s Not New Brunswick.” 😆

'Alberta Is Calling' ads lure Ontarians with chance to live in Province that is fucked up in a slightly different way

TORONTO - Alberta's provincial government has launched a full court press to convince Ontarians sick and tired of dealing with all the Province's problems to move to Alberta so they can deal with its different though equally as numerous problems.

www.thebeaverton.com

 

[mariomike]

The Province of Alberta seems to be making a maximum effort.

"Alberta is Calling"

"alberta is calling" - Google Search

 

[Colin Parkinson]

See them here in BC as well, targeting Vancouver

 

[mariomike]

The ads seem to be targeting young urbanites from the GTA and Vancouver.

I wonder if they will have an impact on Alberta voting ( municipal, provincial and federal ).

 

[lenaitch]

The ads seem to be targeting young urbanites from the GTA and Vancouver.

I wonder if they will have an impact on Alberta voting ( municipal, provincial and federal ).

Good point. How would they handle an influx of young urban leftists. More importantly, how many Starbucks does Alberta have - there might be an accommodation problem.

 

[dapaterson]

Good point. How would they handle an influx of young urban leftists. More importantly, how many Starbucks does Alberta have - there might be an accommodation problem.

Young urban leftists want locally owned, locally roasted fair trade coffee with ethically sourced vegan scones, none of the Starbucks corporate BS.

Please.