Canadian Luxury Residential Market

Here s how much it costs to live in Justin Trudeau s neighborhood The Canadian capital has its arms open to foreign RE investors

Prime Minister of Canada Justin Trudeau. (Credit Alex Guibord/Flickr)

Move to Rockcli爱上海同城

ffe Park in Ottawa and your could technically call yourself a neighbor to the Prime Minister of Canada, or, if you don t actually plan on living in the quiet capital, the neighborhood is your best investme新爱上海同城对对碰论坛

nt bet in the country, according to Mansion Global.

The average home sold f上海夜网论坛

or $1.5 million last year and rented for between about $8,000 per month to $20,000. Compared to last year, the price of single-family home increased more than 7 percent. The reason for the area s high上海龙凤论坛

demand could be explained by the high ratio of diplomatic and elected officials, about 150, to normal citizens, about 700.

“It’s the premiere place to live,” said Marilyn Wilson of Dream Properties/Christie’s International Real Estate to Mansion Global. But “Ottawa is the city to look to for investing” as well, she added.

The city has no restrictions on foreign buyers, unlike Toronto or Vancouver where restrictions were imposed to limit an influx of foreign real estate investment.[Man阿爱上海同城

sion Global] Erin Hudson

Tags: canada, mansions, Residential Real Estate
We are having some technical difficulties. Try again later.

By clicking Subscribe you agree to our Privacy Policy.

Leave a comment

Your email address will not be published. Required fields are marked *