In Canada, conversations in regards to the housing market usually centre round value, which is a key determinant for a lot of purchaser choices. Many households have hassle entering into the market, contemplating the nationwide common residence value was $696,179 in June.
That being stated, discovering the fitting place to stay entails extra than simply price. It’s important your purchasers think about components that contribute to general well-being, corresponding to job alternatives, commute occasions and group facilities. Zolo thought-about these items together with different components in its latest report on Canada’s greatest locations to stay. Listed below are the important thing findings.
Most livable cities
Supply: Zolo
Ottawa tops the record, identified for its affordability, low crime charges and excessive family incomes. Different notable cities embody the Simcoe space, Guelph, Barrie, Tillsonburg, Kitchener–Waterloo, Saskatoon, Edmonton, Halifax–Dartmouth and Winnipeg.
These cities mix affordability with facilities that improve high quality of life, making them splendid for varied demographics.
Household-friendly cities
These cities function some mixture of communities with a excessive proportion of different households, low crime charges and inexpensive housing, together with excessive family revenue, low unemployment and entry to recreation and first healthcare suppliers.
Ontario leads in family-friendly cities, together with the cities of Barrie, Ottawa, Simcoe space, Guelph, Kitchener–Waterloo, the GTA, Mississauga and Hamilton–Burlington. Outdoors Ontario, Calgary and Saint John provide wonderful environments for households.
Greatest locations for younger adults
For younger adults, cities with universities and good public transportation and walkability rank excessive, corresponding to Saskatoon, Winnipeg, Edmonton, Guelph, Sudbury, Kitchener–Waterloo, Ottawa, Halifax–Dartmouth, Victoria and Larger Vancouver.
These cities provide affordability, job alternatives and vibrant communities that appeal to younger professionals. In costlier bigger centres, many younger adults are creatively getting into the market by buying with pals or utilizing cash from household.
Superb spots for retirees
Many retirees are selecting to age the place they’re, however these seeking to downsize worth security, affordability, entry to medical services and a group of different seniors. The highest places for them embody Saint John, Fredericton, Ottawa, Gray Bruce Owen Sound, Niagara Area, Simcoe space, Central Lakes and Sault Ste. Marie.
Greatest for nature lovers
Nature lovers ought to take a look at smaller, less-dense cities, outside actions, beneficial local weather and climate and parks and inexperienced areas. Prime areas embody Ottawa, Simcoe, Barrie, Gray Bruce Owen Sound, Bancroft space, Kawartha Lakes, Guelph, Saskatoon, Winnipeg and Edmonton.
Overview the complete report intimately right here.
