The Canadian housing market is pretty slow because of what is happening in the U.S. However, if I were going to invest it would probably be out East as the market is still pretty strong.

Hi Mark,

The housing market generally in Canada at the moment is slowing.

However the self build market is increasing, I have 8 acres in Mont Tremblant and have plans to build a cabin with a big garden, purchase value of the land (only) was GBP 29500 it has now been valued at GBP 52000 that's over two years.

The one to watch is Nova Scotia the bras d' or lake network (Luxembourg and lunenberg counties) huge gains on land parcels, have purchased three lakeside plots, all making very very strong gains and finally look out for a small place called Covey Lake disgustingly big profits being made around there at the moment and extremley beautiful. The typical Canadian dream and all that!

New Brunswick and Nova Scotia all have a HST (Harmonised Sales Tax) circulates at around 15% so factor this in

Hope this helps

Any further help feel free, Quebec & NS are more my area though

Cheers

Hi All,

just wanted to re-iterate the comments from deedee1 on Big White Ski resort.
I'm a ski fan and had been looking for an investment ski property for in europe, Switzerland in particular. But didn't like the snow in Europe! Then I started looking at USA/Canada and skiied at Banff, Whistler, Breckenridge, lake Louise and Big White all on different occasions and took my time about it. Loved Big White the first time I saw it, and the 2nd time I bought a condo. It has been fully rented the first 2 seasons and I'm currently renting for the 3rd season. Rents are high so the return is good, where I have bought the quality is superb and the developer still lives there! Big White is great, especially for families. There are still condos to buy out there and because space is limited on the slopes, I'm guessing it won't last forever. If I had the cash, I'd buy another....

I can't say enough good things about Big White, and so far my investment has done well, I've paid of a large part of my Canadian mortgage and I'm going back this season for more skiing. (I'm from the UK)

Anyone looking at investing in Big White should do all of the obvious, check for decent developers and look out for a good location, quality of finishing, etc. Where I am is perfect, for me, but you may have your own ideas. Big White is 'mostly' ski-in ski-out but check what this actually means when you decide. Lower village tends to be livelier, ie noisier, Upper Village is more peaceful and still 5-10 minute walk to the shops and restaurants.
The winter olympics will add kudos, the 20ft+ of snow is great, the village is small but cosy and growing, the slopes, the snow, the people..... I could go on, and have, so hope this helps someone out there.

this is my first post, so be easy on me......
RD