Why Buying A Condo In Toronto Is A Shrewd Investment
As compared to other major cities around the world, Toronto condo prices are still affordable for many.
Currently one Canadian dollar is worth around .75 cents US. The lower Canadian dollar against the U.S. dollar translates into greater purchasing power for international 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 2019, The Economist ranked Toronto 7th (tied with Tokyo) as one of the best cities in the world to live. Toronto also ranks 6th as the safest city in the world.
The University Of Toronto is ranked the top university in Canada and 18th in the world.
What It Costs To Buy An Apartment In Major Cities Around The World
Comparing price per square foot for condo flats or apartments located in the downtown core of the world’s premier cities.
Source Numbeo April 2020
City |
Sold Price/
|
Sold Price/
|
Hong Kong | $2,936 | $4,120 |
Singapore | $1,739 | $2,440 |
New York City | $1,376 | $1,930 |
Shanghai, China | $1,263 | $1,772 |
London, United Kingdom | $1,244 | $1,745 |
Geneva, Switzerland | $1,243 | $1,743 |
San Francisco, United States | $1,228 | $1,723 |
Shenzhen, China | $1,223 | $1,716 |
Paris, France | $1,167 | $1,637 |
Tokyo, Japan | $1,020 | $1,431 |
Boston, United States | $927 | $1,301 |
Sydney, Australia | $864 | $1,227 |
Vancouver, Canada | $854 | $1,198 |
Los Angeles, United States | $746 | $1,047 |
Seattle, United States | $702 | $985 |
Rome, Italy | $679 | $953 |
Frankfurt, Germany | $669 | $939 |
Toronto, Canada | $586 | $822 |
Mumbai, India | $572 | $803 |
Have Questions About Buying Real Estate In Toronto? Contact Me
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 the United States, Russia, China, Brazil, India, South Africa, United Arab Emirates, Jordan, Cyprus, Italy, Germany, The United Kingdom, and Australia. Your Passport To The Perfect Property In Toronto
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Selecting And Working With A Real Estate Lawyer When Buying Property In Toronto Canada
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Real Estate Prices Around The World & Why Buying A Toronto Condo Is A Shrewd Investment
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