Homes Real Estate Canada's top cities to buy real estate here
Real Estate the house around
Anyone visiting or living in Edmonton will tell you: Great West Ed Mall is not the main attraction of the city. "There is much more to Edmonton," said Mark Slobodan, a broker with RE / MAX Excellence. Considered as a blue collar town Alberta oil patch, many wealth came from traders who work in the oil sands. But locals also know that this city has the distinction of being the center of culture, government and educational Alberta. University of Alberta (UofA) made a home here, and the city is famous nickname "Canadian Festival City" -is due, in part, with a large number of festivals that are part of a thriving arts scene in the city, most of which are centered around Whyte Avenue (otherwise known as 82 Avenue).
Still for anyone who lives or works in Edmonton key to a good quality of life is access to Anthony Henday Drive-ring road that connects the entire city is growing rapidly Albertan. "The ring road drastically changed the way people live and work in Edmonton," said Slobodan. "Before you live near where you work." But that changed in the last 15 years since construction first started on this path and it means that the environment near the Henday (as it is often called) continues to gain popularity. This is the main reason our No. 1 zone at the top of the list. Located in the northeast quadrant of Edmonton, a community of Montrose and Newton are just a few minutes from the ring-road and the Rexall Centre, home of the Edmonton Oilers. In fact, developers have started updating the northern part of the two environments, the region closest to the transit, but it is still possible to buy an old bungalow for around $ 275,000.
For home buyers who want to be a little closer to the action we consider art-scene No. 2 pick: the environment of Ritchie, Hazeldean and King Edward Park. "It is also the only region in the southeast to ride along the banks of the river," said Slobodan, "and anything in the river valley command top dollar." But, being at the tail-end of the trendy side of 82 Avenue also has the advantage: this community has not appreciated the value as soon as Belgravia Queen Alexandra, and Garneau-all in the neighborhood close to the UofA and into the hips of Whyte Avenue. Our experts feel there is still room for prices to appreciate this Zone 17 environment due, in part, for city officials rezoning places like King Edward Park for redevelopment.
"City officials realized that they need to rebuild and revitalize the city core and the only way to do that is to attract families," said Slobodan. "They started with King Edward Park, where they let the building have a little freedom." That means that the first time home buyers have been competing heavily with developers to snatch up 700-800 square feet bungalow prices, on average, just under $ 423,000.
Home buyers and real estate investors should also be remembered, however, that the City of Edmonton is not only focused on the rebuilding of a residential neighborhood. Over the last few years has been no push to rebuild the downtown core of the city into a commercial and residential hot spot. redevelopment is expected to attract housing prices, even if the oil price continues to be low or stagnant. Last year the owner's Edmonton Oilers, Daryl Katz, announced the development of Stantec building 62-storey mixed-use building that will house 1,700 employees Stantec engineering, planning and architectural firm, and 33 floors of residential condominium units. Given push the city to develop and create a vibrant downtown core, anything in the urban sea would be of value, said Slobodan.
| 1 | Charlottetown (PEI) | $162,928 | 2.2 | 2.6% | 16% |
| 2 | Moncton (N.B.) | $163,087 | 2.1 | 1.0% | 13% |
| 3 | Trois-Rivières (Que.) | $163,839 | 2.5 | 1.5% | 8% |
| 4 | Saint John (N.B.) | $169,683 | 2.2 | -0.2% | 11% |
| 5 | Windsor (Ont.) | $187,385 | 2.4 | 4.3% | 8% |
| 6 | Saguenay (Que.) | $190,673 | 2.7 | 2.7% | 13% |
| 7 | Thunder Bay (Ont.) | $208,705 | 2.7 | 8.5% | 21% |
| 8 | Sherbrooke (Que.) | $224,222 | 3.4 | 1.5% | 10% |
| 9 | Gatineau (Que.) | $242,016 | 2.8 | 1.6% | 9% |
| 10 | Greater Sudbury (Ont.) | $249,895 | 2.9 | 3.0% | 12% |
| 11 | London (Ont.) | $254,856 | 3.0 | 2.9% | 6% |
| 12 | Québec (Que.) | $263,795 | 3.4 | 2.7% | 14% |
| 13 | St. Catharines – Niagara (Ont.) | $272,922 | 3.5 | 3.7% | 11% |
| 14 | Winnipeg (Man.) | $274,679 | 3.3 | 4.6% | 27% |
| 15 | Brantford (Ont.) | $275,622 | 3.4 | 5.0% | 14% |
| 16 | Halifax (N.S.) | $276,814 | 3.3 | 1.9% | 14% |
| 17 | Peterborough (Ont.) | $279,696 | 3.5 | 3.2% | 9% |
| 18 | Kingston (Ont.) | $282,360 | 3.3 | 2.6% | 19% |
| 19 | St. John’s (Nfld.) | $284,896 | 2.9 | 4.3% | 27% |
| 20 | Regina (Sask.) | $314,319 | 3.3 | 4.4% | 30% |
| 21 | Montréal (Que.) | $328,307 | 4.2 | 2.3% | 10% |
| 22 | Kitchener – Cambridge – Waterloo (Ont.) | $337,216 | 3.6 | 3.7% | 13% |
| 23 | Barrie (Ont.) | $338,624 | 3.7 | 5.7% | 16% |
| 24 | Saskatoon (Sask.) | $340,558 | 3.7 | 4.2% | 21% |
| 25 | Guelph (Ont.) | $357,569 | 3.7 | 5.7% | 12% |
| 26 | Edmonton (Alta.) | $362,244 | 3.5 | 3.6% | 21% |
| 27 | Ottawa (Ont.) | $362,860 | 3.4 | 1.8% | 10% |
| 28 | Durham/Oshawa (Ont.) | $387,492 | 3.7 | 7.3% | 13% |
| 29 | Kelowna (B.C.) | $398,479 | 5.0 | 1.6% | 9% |
| 30 | Hamilton (Ont.) | $405,619 | 4.4 | 6.7% | 15% |
| 31 | Calgary (Alta.) | $459,980 | 3.7 | 4.6% | 22% |
| 32 | Victoria (B.C.) | $495,403 | 5.9 | -0.3% | 8% |
| 33 | Abbotsford – Mission (B.C.) | $515,569 | 6.4 | 1.1% | 6% |
| 34 | Toronto (Ont.) | $587,121 | 5.6 | 6.7% | 15% |
| 35 | Vancouver (B.C.) | $810,608 | 9.1 | 1.3% | 13% |
