To purchase properties in Ontario, Canada, profitably and efficiently, use our database featuring over 908 listings from reputable developers and agencies. You can filter properties based on price, popularity, and date added, and compare options based on various criteria such as:
- Property type: investors can acquire apartments, condos, land plots, commercial spaces, and houses in Canada;
- Living space area;
- Number of bedrooms and bathrooms;
- Plot size;
- Technical condition and furnishings;
- Area and location features, among others.
Our listings are carefully curated to provide reliable information about property for sale in Ontario. Simply analyse the options and reach out to the seller via private messages or phone once you have made your decision.
- Minimum price: USD 289900
- Maximum price: USD 19.1 million
- Minimum area: 2950 m²
- Maximum area: 4,600 m²
The province is an ideal destination when it comes to relocation opportunities. There are highly desirable properties available in various areas and towns, with the most promising investments being in houses, commercial spaces, and apartments in Canada located in:
- Toronto, the financial and tourist hub of the province;
- Ottawa, the capital, known for its rich cultural scene, high security levels, and prestigious educational institutions, making it attractive to many students;
- Hamilton, situated 70 km from Toronto, offering housing at more affordable prices while providing access to the entertainment options of the nearby metropolis;
- Mississauga, adjacent to Toronto, where villas are predominantly sold, offering a tranquil atmosphere ideal for families with children;
- Kitchener, a location catering to entrepreneurs planning to start a business and obtain permanent residency.
Currently, investing in property in Ontario does not guarantee a resident permit but offers the opportunity to generate rental income. Temporary residency can be achieved by enrolling in a local university or securing employment, with the province’s Immigrant Nominee Program catering to in-demand professionals. Foreigners with a capital of CAD 2 million (approximately USD 1.5 million) are eligible to participate in regional investment programmes.
Real estate in Ontario
There is a consistent influx of foreign nationals interested in purchasing investment real estate in Ontario, land plots, or commercial properties. However, the pace of construction in the region fails to keep up with demand, even from the local population. Consequently, only a limited number of properties are on the market, and those with attractive prices are typically snapped up within 5–7 days. To navigate the market successfully, it is crucial to monitor advertisements and have a clear understanding of your preferences:
- Condominiums, popular among tenants, are favoured by foreigners seeking passive income;
- Houses and villas primarily attract individuals intending to relocate to Canada with their families through investment or other programmes;
- Apartments in modern complexes are chosen by young professionals and those relocating to work at local companies or pursue studies with immigration prospects;
- Land plots offer a viable long-term investment option, allowing for construction and subsequent rental or resale;
- Offices, warehouses, and industrial premises are appealing for generating rental income or launching one’s own business.
The cost of real estate in Ontario varies based on location, with properties in Toronto, Ottawa, and their neighbouring communities such as Mississauga, Hamilton, and Kitchener offering an optimal balance between initial investment and return.
Since 2023, the government has imposed restrictions on housing sales to non-residents. Exceptions are made for students, individuals holding a 6-month work permit, and companies with 10% foreign ownership registered in Canada. Additionally, purchasing land for development and residential purposes in recreational and rural areas remains permissible.
Reasons for investing in real estate in Ontario
Since the onset of the pandemic, real estate prices in Ontario experienced a decline, followed by a robust rebound in 2022, largely fuelled by an influx of foreign investors. Over the past 5 years, there has been a significant 36% increase in value. Despite changes in purchase regulations leading to a decrease in transactions, there are still opportunities to get economic gains from your investment if you:
- Outline your requirements and select the optimal city based on future plans (rental, resale, relocation, construction);
- Calculate your budget, factoring in taxes and additional expenses;
- Determine the cost of maintaining the property and enquire about fees charged by management companies;
- Ensure that the chosen property can be sold to a non-resident.
According to the IMF, Canada ranks among the top 3 countries in terms of economic growth rates, a compelling argument for investors (with a 2.8% growth rate in Q1 2024). Buyers are also enticed by the opportunity to secure mortgages at reasonable interest rates and conduct transactions remotely.
Buying real estate in Ontario
Highly lucrative real estate in Canada’s central province is actively being marketed, underscoring the importance of seizing opportunities of interest and engaging directly with sellers to ensure transaction security. Our portal regularly updates listings and furnishes essential information to ensure effective decision-making. You can streamline your search for real estate in Ontario for investment and living using criteria such as area, location, number of bedrooms and bathrooms, and unit price.
Selecting residential, commercial, or land properties online is efficient and hassle-free, with direct communication channels available to reach out to developers or agencies via private messages or phone calls.