02-03-2008, 08:52 AM
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Senior Member
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Join Date: Jan 2008
Posts: 83
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Quote:
Originally Posted by colcam101
Especially Toronto? Seems to be relatively low priced, has experienced steady historical growth and is not burdened by the daft loan fiasco that is affecting USA. Also you get the same great dollar/pound rate as for the USA at the moment. All seems great but nobody seems to mention it - any ideas why?
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Hi
Overall Canada should be high on almost everyone's prospective investment location. Sensibly rising property prices (circa 10% oer annum) in recent few years and reasonably good rental returns. Toronto is producing rental yeilds of around 6.5% but, Montreal where purchase prices are lower, are producing 7% and higher.
More localised information is available via each of the Multiple Listing Services per region / city, etc.
The Canadian economy is strong and it's well worth investgating growth rates per region since there can be quite large differences which, in turn, can increase potential ROI.
Hope this further encourages you to look beyond the horizon and delve deeper into this countries fabulous potential.
Have fun...
Olly 
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