Wednesday 30 July 2014

Factors Guiding Development of the Canadian Real Estate

Investing into the real estate is a trend that can be traced back to the bygone eras. There are certain undeniable advantages that the sector provides to its investor fraternity. As far as Canada is concerned, the nation possesses a robust economy. Simultaneously, standard of living that the country offers to its citizens is exemplary. Above everything else, the cost of living in the country, in stark contrast to its high living standard, is conveniently affordable. Taxation policies are pretty less uncomplicated. In addition to all these, immigration policy that the nation pursues is most lenient.

Canadian Real Estate

All these factors have contributed in making Canada the most preferred immigration destination in the world. People from all corners of the globe, cutting across colour, creed and ethnicity, have made this country their home. All these related factors have invariably, contributed to flourishing of the Canadian real estate industry.

There are some technical reasons as well that contribute to the popularity of the real estate industry among the country’s investors.

  • The sector provides higher leverage, as compared to other modes of investments. Banks conveniently lend 75 per cent or more of the total value of a property to the buyers.
  • Immovable assets like land and buildings receive appreciation on regular manner. Thus, property prices are ensured to go higher up in course of time.
  • One can avail a steady cash flow by letting out a building or a commercial space.
  • Investment into land and properties is more predictable than stock markets.
  • It provides excellent protection against inflation. As inflation sets in, cost of living increases and as a result, the rents increase.
  • Investing into the sector helps in obtaining certain tax benefits.

In a recent development, an ambitious residential township is coming up in the country, right across the shores of Lake Ontario. This housing project has actually redefined the commercial segment inside out. Contrasting categories of houses that are coming up here are not only catering to all sections of buyers. These housing properties are undeniably redefining the concept of “amenities and luxury in homes,” in the contemporary times.

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