What it costs to buy an apartment in major cities around the world. Comparing price per square foot for condo apartments located in the downtown core of the world’s premier cities.
City Price/Square Foot USD Price/Square Foot CAD
London, United Kingdom $2,431 $3,360
Hong Kong $2,381 $3,291
Tokyo, Japan $1,840 $2,543
New York City, United States $1,684 $2,286
Geneva, Switzerland $1,300 $1,797
San Francisco, United States $1,198 $1,656
Shanghai, China $1,122 $1,551
Paris, France $1,013 $1,401
Sydney, Australia $855 $1,181
Rome, Italy $853 $1,178
Los Angeles, United States $712 $984
Boston, United States $683 $944
Mumbai, India $660 $912
Vancouver, Canada $539 $745
Seattle, United States $506 $700
Frankfurt, Germany $503 $695
Toronto, Canada $486 $672
As compared to other major cities around the world, Toronto condo prices are still affordable for many.
Currently one Canadian dollar is worth less than .75 cents US. The lower Canadian dollar against the US dollar translates into greater purchasing power for foreign buyers with capital in US funds.
Toronto All The Software Of Manhattan Without The Hard Drive
Canada is a country known for its political and economic stability. As Canada’s largest city, Toronto is the financial centre for the country.
In 2015, The Economist ranked Toronto as the best city in the world to live. Toronto also ranks 8th as the safest city in the world.
The University Of Toronto is ranked the top university in Canada and 16th in the world.
Victoria Boscariol is a real estate agent in Toronto Canada with Chestnut Park Real Estate Limited Brokerage. With over 20 years experience, Victoria has been helping people successfully buy and sell condos and houses in Yorkville and downtown Toronto. As a Certified International Property Specialist (CIPS) she has worked with Buyers from around the world moving to Toronto from China, Russia, Brazil, India, South Africa, United Arab Emirates, Jordan, Cyprus, Italy, Germany, The United Kingdom, Australia and the United States.