Invest in Canada

Property aimed at the tourist market can be a good long-term investment that also capitalises on short-term rental potential. Tourism in Canada is growing markedly despite the current economic downturn, and mountain and waterfront property in particular is becoming more sought-after, in terms of holiday lets and for long-term or retirement homes.

Potential rental markets and resale markets exist in both the local and overseas sectors, giving a wide pool of opportunity. Holiday apartments in a complex designed for year-round living or individual homes in resort areas, especially those offering summer as well as winter activities and within easy access of amenities are worth investigating for investment. Investment property in burgeoning oil towns such as Ft. McMurray still offer very solid long-term investment opportunities thanks to significant undersupply.

• Canada is such a large country with varying regions, ranging from wealthy cities to rural and often quite deprived communities, that there can be large differences between areas in terms of prices and desirability.
• Healthy supply and demand imbalances make for great opportunities to generate high yields and strong capital appreciation.
• Rises have been steady rather than flamboyant with gains of 5-10% over the past three years in certain locations.
• Compared to many European countries Canada’s property has traditionally been considered lower priced.
• Property aimed at the tourist market can be a good long-term investment that also capitalises on short-term rental potential.
• Potential rental markets and resale markets exist in both the local and overseas sectors, giving a wide pool of opportunity.

Canada’s property market is very mature, though there has been increasing development in tourist areas, this is still relatively new. Canada is such a large country with varying regions, ranging from wealthy cities to rural and often quite deprived communities, that there can be large differences between areas in terms of prices and desirability. Compared to many European countries, Canada’s property has traditionally been considered lower priced, however mid-summer figures in 2007 saw rises of 9.5% and average property now costs $314,000.