Go Back  British Expats > Living & Moving Abroad > Canada > The Maple Leaf
Reload this Page >

real estate prices in Canada sustainable?

real estate prices in Canada sustainable?

Old May 26th 2021, 3:04 pm
  #526  
Assimilated Pauper
 
dbd33's Avatar
 
Joined: Mar 2005
Location: Ontario
Posts: 39,015
dbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond repute
Default Re: real estate prices in Canada sustainable?

Originally Posted by Will_PA View Post
This was us 4 years ago 100%. Small flat in NW London zone 3, wanting to stay within London if in UK, and facing ~700k GBP differential to buy a decent house. So in moving to Toronto the deciding factor was cheaper housing.

We ended up keeping the flat and buying a detached house (well, bungalow) in Clarkson, 23 mins train ride to Union. It's not like for like with London location, but it was much better bang for your buck.

Now in past 18 months prices have gone crazy here too, but still can't think of anywhere equivalent near London where you can have a detached home with decent outdoor space for close to current Toronto prices.
This is eerily familiar. I started life in NW9 and the first house in Canada was a ranch bungalow at Lorne Park Road and Truscott.
dbd33 is online now  
Old May 26th 2021, 4:49 pm
  #527  
Forum Regular
 
Joined: Aug 2017
Location: Toronto
Posts: 124
Will_PA has a reputation beyond reputeWill_PA has a reputation beyond reputeWill_PA has a reputation beyond reputeWill_PA has a reputation beyond reputeWill_PA has a reputation beyond reputeWill_PA has a reputation beyond reputeWill_PA has a reputation beyond reputeWill_PA has a reputation beyond reputeWill_PA has a reputation beyond reputeWill_PA has a reputation beyond reputeWill_PA has a reputation beyond repute
Default Re: real estate prices in Canada sustainable?

Originally Posted by dbd33 View Post
This is eerily familiar. I started life in NW9 and the first house in Canada was a ranch bungalow at Lorne Park Road and Truscott.
Ha v close! NW11, and yeah above Truscott, east of Southdown… I guess it’s a well trodden path
Will_PA is offline  
Old May 28th 2021, 9:52 pm
  #528  
Lost in BE Cyberspace
Thread Starter
 
Jsmth321's Avatar
 
Joined: Jan 2006
Location: British Columbia
Posts: 29,265
Jsmth321 has a reputation beyond reputeJsmth321 has a reputation beyond reputeJsmth321 has a reputation beyond reputeJsmth321 has a reputation beyond reputeJsmth321 has a reputation beyond reputeJsmth321 has a reputation beyond reputeJsmth321 has a reputation beyond reputeJsmth321 has a reputation beyond reputeJsmth321 has a reputation beyond reputeJsmth321 has a reputation beyond reputeJsmth321 has a reputation beyond repute
Default Re: real estate prices in Canada sustainable?







Jsmth321 is offline  
Old Jun 6th 2021, 2:19 pm
  #529  
Lost in BE Cyberspace
 
Joined: Nov 2011
Location: Somewhere between Vancouver & St Johns
Posts: 19,007
Former Lancastrian has a reputation beyond reputeFormer Lancastrian has a reputation beyond reputeFormer Lancastrian has a reputation beyond reputeFormer Lancastrian has a reputation beyond reputeFormer Lancastrian has a reputation beyond reputeFormer Lancastrian has a reputation beyond reputeFormer Lancastrian has a reputation beyond reputeFormer Lancastrian has a reputation beyond reputeFormer Lancastrian has a reputation beyond reputeFormer Lancastrian has a reputation beyond reputeFormer Lancastrian has a reputation beyond repute
Default Re: real estate prices in Canada sustainable?



https://external-preview.redd.it/Wnt...=webp&a3ce7dcb

Last edited by Former Lancastrian; Jun 6th 2021 at 2:21 pm.
Former Lancastrian is offline  
Old Jun 6th 2021, 2:38 pm
  #530  
Oscar nominated
 
BristolUK's Avatar
 
Joined: Jan 2008
Location: Moncton, NB, CANADA
Posts: 38,316
BristolUK has a reputation beyond reputeBristolUK has a reputation beyond reputeBristolUK has a reputation beyond reputeBristolUK has a reputation beyond reputeBristolUK has a reputation beyond reputeBristolUK has a reputation beyond reputeBristolUK has a reputation beyond reputeBristolUK has a reputation beyond reputeBristolUK has a reputation beyond reputeBristolUK has a reputation beyond reputeBristolUK has a reputation beyond repute
Default Re: real estate prices in Canada sustainable?

Originally Posted by Former Lancastrian View Post
The Forbidden Zone

Error 403 Forbidden

Forbidden

Guru Mediation:

Details: cache-pwk4962-PWK 1622990253 2551093352
Varnish cache server
BristolUK is offline  
Old Jun 6th 2021, 2:49 pm
  #531  
Lost in BE Cyberspace
 
Joined: Nov 2011
Location: Somewhere between Vancouver & St Johns
Posts: 19,007
Former Lancastrian has a reputation beyond reputeFormer Lancastrian has a reputation beyond reputeFormer Lancastrian has a reputation beyond reputeFormer Lancastrian has a reputation beyond reputeFormer Lancastrian has a reputation beyond reputeFormer Lancastrian has a reputation beyond reputeFormer Lancastrian has a reputation beyond reputeFormer Lancastrian has a reputation beyond reputeFormer Lancastrian has a reputation beyond reputeFormer Lancastrian has a reputation beyond reputeFormer Lancastrian has a reputation beyond repute
Default Re: real estate prices in Canada sustainable?

Essentially pic was of a couple in a kitchen with a realtor and top caption 800 thousand for this can you show us something closer to a million and the bottom caption sure come back tomorrow and I will show you this house again.
Former Lancastrian is offline  
Old Jun 8th 2021, 6:44 pm
  #532  
Lost in BE Cyberspace
Thread Starter
 
Jsmth321's Avatar
 
Joined: Jan 2006
Location: British Columbia
Posts: 29,265
Jsmth321 has a reputation beyond reputeJsmth321 has a reputation beyond reputeJsmth321 has a reputation beyond reputeJsmth321 has a reputation beyond reputeJsmth321 has a reputation beyond reputeJsmth321 has a reputation beyond reputeJsmth321 has a reputation beyond reputeJsmth321 has a reputation beyond reputeJsmth321 has a reputation beyond reputeJsmth321 has a reputation beyond reputeJsmth321 has a reputation beyond repute
Default Re: real estate prices in Canada sustainable?

Garage is now a mini coach home it appears in Vancouver, great deal, 260sq feet and only $1,200 per month.

https://vancouver.craigslist.org/van...333462854.html


Jsmth321 is offline  
Old Jun 8th 2021, 6:58 pm
  #533  
Assimilated Pauper
 
dbd33's Avatar
 
Joined: Mar 2005
Location: Ontario
Posts: 39,015
dbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond repute
Default Re: real estate prices in Canada sustainable?

Originally Posted by Jsmth321 View Post
Garage is now a mini coach home it appears in Vancouver, great deal, 260sq feet and only $1,200 per month.

https://vancouver.craigslist.org/van...333462854.html


I'm told that the market for houses in Vancouver has now slowed to the point that one can now tour a house for sale without first bidding on it!
dbd33 is online now  
Old Jun 8th 2021, 11:23 pm
  #534  
Assimilated Pauper
 
dbd33's Avatar
 
Joined: Mar 2005
Location: Ontario
Posts: 39,015
dbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond repute
Default Re: real estate prices in Canada sustainable?

Anyway, I'll see your $1200/month. This is six thousand pounds

https://www.knightfrank.co.uk/proper...x/beq012032230

a week.

dbd33 is online now  
Old Jun 9th 2021, 2:21 am
  #535  
Dive Bar Drunk
 
JamesM's Avatar
 
Joined: Nov 2006
Location: Toronto
Posts: 8,419
JamesM has a reputation beyond reputeJamesM has a reputation beyond reputeJamesM has a reputation beyond reputeJamesM has a reputation beyond reputeJamesM has a reputation beyond reputeJamesM has a reputation beyond reputeJamesM has a reputation beyond reputeJamesM has a reputation beyond reputeJamesM has a reputation beyond reputeJamesM has a reputation beyond reputeJamesM has a reputation beyond repute
Default Re: real estate prices in Canada sustainable?

Originally Posted by dbd33 View Post
Anyway, I'll see your $1200/month. This is six thousand pounds

https://www.knightfrank.co.uk/proper...x/beq012032230

a week.
It doesn’t say if chickens are allowed?

But the laddered book shelf would be cool to show off.
JamesM is offline  
Old Jun 9th 2021, 2:54 am
  #536  
BE Forum Addict
 
Partially discharged's Avatar
 
Joined: May 2009
Posts: 3,278
Partially discharged has a reputation beyond reputePartially discharged has a reputation beyond reputePartially discharged has a reputation beyond reputePartially discharged has a reputation beyond reputePartially discharged has a reputation beyond reputePartially discharged has a reputation beyond reputePartially discharged has a reputation beyond reputePartially discharged has a reputation beyond reputePartially discharged has a reputation beyond reputePartially discharged has a reputation beyond reputePartially discharged has a reputation beyond repute
Default Re: real estate prices in Canada sustainable?

https://www.knightfrank.co.uk/proper...1/WIN012110764

This has 'escape to the country' written all over it.
Partially discharged is offline  
Old Jun 9th 2021, 10:54 am
  #537  
Assimilated Pauper
 
dbd33's Avatar
 
Joined: Mar 2005
Location: Ontario
Posts: 39,015
dbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond reputedbd33 has a reputation beyond repute
Default Re: real estate prices in Canada sustainable?

Originally Posted by Partially discharged View Post
https://www.knightfrank.co.uk/proper...1/WIN012110764

This has 'escape to the country' written all over it.
No land mentioned, it seems to be just a suburban house with a rural style. That's the worst property website though, Rightmove might have a better listing.

Last edited by dbd33; Jun 9th 2021 at 10:57 am.
dbd33 is online now  
Old Jun 9th 2021, 4:56 pm
  #538  
BE Forum Addict
 
CanadaJimmy's Avatar
 
Joined: May 2009
Location: Langley, BC
Posts: 1,759
CanadaJimmy has a reputation beyond reputeCanadaJimmy has a reputation beyond reputeCanadaJimmy has a reputation beyond reputeCanadaJimmy has a reputation beyond reputeCanadaJimmy has a reputation beyond reputeCanadaJimmy has a reputation beyond reputeCanadaJimmy has a reputation beyond reputeCanadaJimmy has a reputation beyond reputeCanadaJimmy has a reputation beyond reputeCanadaJimmy has a reputation beyond reputeCanadaJimmy has a reputation beyond repute
Default Re: real estate prices in Canada sustainable?

I don't support the conservative party but I have to concede that Pierre Poilievre has been absolutely killing it with his speeches in parliament on the housing crisis.
CanadaJimmy is offline  
Old Jun 9th 2021, 5:56 pm
  #539  
Lost in BE Cyberspace
Thread Starter
 
Jsmth321's Avatar
 
Joined: Jan 2006
Location: British Columbia
Posts: 29,265
Jsmth321 has a reputation beyond reputeJsmth321 has a reputation beyond reputeJsmth321 has a reputation beyond reputeJsmth321 has a reputation beyond reputeJsmth321 has a reputation beyond reputeJsmth321 has a reputation beyond reputeJsmth321 has a reputation beyond reputeJsmth321 has a reputation beyond reputeJsmth321 has a reputation beyond reputeJsmth321 has a reputation beyond reputeJsmth321 has a reputation beyond repute
Default Re: real estate prices in Canada sustainable?

Originally Posted by CanadaJimmy View Post
I don't support the conservative party but I have to concede that Pierre Poilievre has been absolutely killing it with his speeches in parliament on the housing crisis.
https://www.youtube.com/watch?v=7hn2b5-50go
Liberal plan CMHC says 30% should be max to housing, lets just raise it to 50% and presto more people can afford housing now...


Good speech and I generally can't stand conservatives.

And he isn't wrong on how slow things work in Canada for permits, its long been an issue for developers at the glacial speed things move in city's across the country.

Considering the delays and glacial speed the food bank has encountered, I can only imagine what the reality is like for those actually wanting to tear down and build something else.

https://dailyhive.com/vancouver/grea...-permit-delays







Last edited by Jsmth321; Jun 9th 2021 at 6:09 pm.
Jsmth321 is offline  
Old Jun 9th 2021, 6:35 pm
  #540  
Dive Bar Drunk
 
JamesM's Avatar
 
Joined: Nov 2006
Location: Toronto
Posts: 8,419
JamesM has a reputation beyond reputeJamesM has a reputation beyond reputeJamesM has a reputation beyond reputeJamesM has a reputation beyond reputeJamesM has a reputation beyond reputeJamesM has a reputation beyond reputeJamesM has a reputation beyond reputeJamesM has a reputation beyond reputeJamesM has a reputation beyond reputeJamesM has a reputation beyond reputeJamesM has a reputation beyond repute
Default Re: real estate prices in Canada sustainable?

Originally Posted by CanadaJimmy View Post
I don't support the conservative party but I have to concede that Pierre Poilievre has been absolutely killing it with his speeches in parliament on the housing crisis.
The economics is spot on.
JamesM is offline  

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information -

Copyright © 2021 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.