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/
Square Foot USD

Sold Price/
Square Foot CAD

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

Living In The United States & Thinking Of Buying Real Estate In Toronto American Buyer's GuideVictoria 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

 


International Buyers Guide To Purchasing Real Estate In Toronto 
 

How The Real Estate Market Works In Toronto Canada 

Valuable Advice For Buyers From The United States Purchasing Real Estate In Toronto Canada 

Requirements For International Buyers Of Toronto Real Estate …What You Need To Know Before You Begin Your Property Search

Canadian Banks, Funds & Financing For International Buyers Of Toronto Real Estate

Taxes And International Buyers Of Toronto Real Estate

Going From Buyer To Toronto Property Owner – The Real Estate Transaction Process In Toronto

Closing Costs For International Buyers Of Toronto Real Estate

Selecting And Working With A Real Estate Lawyer When Buying Property In Toronto Canada 

Understanding The Paperwork..Important Elements of The Agreement Of Purchase & Sale When Buying A Toronto House Or Condo

How To Make Make An Offer & Negotiate The Purchase Of A Toronto Home Or Condo  

Real Estate Prices Around The World & Why Buying A Toronto Condo Is A Shrewd Investment

Urban Dictionary Of Real Estate Words, Terms & Meanings Unique To Toronto Canada