Canadian real estate is a lucrative investment, and on our website, you can explore over 1552 options across different provinces. We provide only up-to-date information about houses, condos, and apartments in Canada, alongside offerings from developers, land sales, and office spaces. To make the best choice, factor in your investment objectives, family composition, budget constraints, and location preferences.
Set filters to choose a property based on size, location, number of bedrooms and bathrooms, view from windows, technical amenities, and other parameters. There are options on the secondary and primary markets. Decide which flat, land plot, or house in Canada suits you, and communicate directly with the seller via private messages or phone calls.
Foreigners can purchase real estate in Vancouver, Toronto, Ontario, and other cities with some restrictions following the government’s ban that came into effect in 2023, along with amendments starting in 2024. According to the new rules, investment real estate in Canada includes:
- Building plots;
- Apartments and houses if you hold a valid work permit for at least 6 months;
- Housing if you are enrolled in a local university;
- Various properties when registering a company in the country, with a minimum foreign capital share of 10%;
- Housing in rural and recreational areas.
- Minimum price: USD 1
- Maximum price: USD 19.09 million
- Minimum area: m²
- Maximum area: 5,000 m²
Legislation does not allow for the issuance of resident permits to foreigners solely for investing in housing. Instead, permanent residency can be acquired through various avenues, including admission to a local university, employment, family reunification, or business immigration. The latter option typically involves participating in one of the regional programmes, with the Quebec Investor Program in Quebec being the most popular and accessible. Under this programme, applicants are required to demonstrate legal ownership of CAD 2 million (USD 1.5 million) and invest 60% of this amount in the country’s economy through an approved broker, with a guaranteed return of funds after 5 years. It is worth noting that participants can be non-residents up to the age of 46, provided they express a genuine intention to relocate to the country. Upon approval of the application, the investor and their family are granted permanent residency, with the opportunity to apply for citizenship after 5 years.
Real estate in Toronto, Ontario, and Vancouver attracts the greatest interest among foreign investors. These cities have the highest number of properties available for non-residents. Buyers are also attracted to the developed infrastructure, comfortable climate conditions, and beautiful views of the mountains and ocean.
For foreign nationals aiming to immigrate, flats, villas, and condos in Canada are best suited. Single- and two-family homes are in demand among those who require privacy and their own land. Condos and apartments are predominantly chosen by young people, with proximity to the city centre and entertainment as priorities. Units in new developments with pools, gardens, fitness centres, and other amenities are considered promising investments.
The country attracts with its high standard of living, developed tourist and urban infrastructure, abundant natural attractions, and stable rental demand. The tourist season here lasts year-round. Real estate prices in Canada are expected to rise in the long term despite periodic market fluctuations. Combined with the overall housing shortage in the country, this ensures quick returns on investment and the prospect of profitable resale.
In recreational areas where foreigners are allowed to acquire property, there is a noticeable surge in tourist activity. Renting out apartments and houses in these areas can yield approximately 3–6% annually, although the unit’s location and features significantly influence its income potential.
Over the past 2 years, rental prices in the country have increased by 20%, which is an additional incentive to invest in housing for renting to tourists and expatriates.
Real estate in Canada
In the real estate market, there is a wide array of options available, including both residential and commercial properties, as well as land plots. Land for development is a promising investment, but it will require time and money for income generation or moving into a new home. When it comes to residential units, those highly coveted by non-residents typically include:
- Fix and flip properties;
- Apartments in new developments;
- Detached houses;
- Condominiums.
The cost of real estate in Canada varies significantly depending on the locality, the prestige of the area, the infrastructure of the development (in case of apartments), the year of construction completion, and the view from the windows. Buyers also need to consider additional costs when purchasing—taxes typically range from 2 to 37% of the property value (depending on the chosen location).
Popular areas among foreign investors include:
- Vancouver;
- Toronto;
- Ontario;
- Quebec;
- Regina and Saskatoon;
- British Columbia.
If you are considering options on the primary market, pay attention to projects by reputable developers such as Century 21, Amacon, and Concert Properties Ltd. If necessary, you can arrange a mortgage with a 35% down payment to purchase a promising unit.
Reasons for investing in real estate in Canada
The country is a safe, economically developed, and comfortable place to live in, as well as a promising investment destination. Investing in condos, villas, or apartments can be confidently expected to yield quick returns due to the following reasons:
- Over the last 5 years, home prices have increased by 36%;
- The interest rate in 2024 remained at 5%;
- Formalities can be handled remotely;
- Owning property simplifies obtaining a visitor visa, which is valid for 6 months;
- Property management can be handled by a specialised company;
- Property can be sold at a profit after 3–5 years;
- The number of immigrants and tourists is growing; consequently, there is a stable rental demand.
For living and resale, a single-family home in suburban areas stands out as the preferred option, offering ample space and essential amenities at a reasonable cost. Apartments located in tourist areas are favoured for rental purposes.
Buying real estate in Canada
It is entirely possible to remotely browse through suitable real estate in Ontario, Toronto, and Vancouver using our portal’s constantly updated database. Through direct communication with sellers, we furnish investors with comprehensive and dependable property information. To streamline the search process, we offer convenient features such as filters, sorting, and comparison options.
To successfully purchase real estate in Canada for investment and living, all you need to do is define your budget and preferences (like the number of bathrooms and bedrooms, location, housing type, proximity to the ocean, etc.) and assess the available offers. You can reach out to developers or agencies via phone or private messages.