Some major news that affects real estate investors in Canada. 2 significant changes are on the horizon that will have terribly sad consequences for beginner investors in Canada who are looking to build a retirement or passive income using real estate.
A change to the minimum down payment and a change to where down payment funds can come from.
You have questions? I have answers. Follow me for more.
Investing in Saskatoon real estate might be the smartest investment you can make for 3 reason.
Saskatoon, Saskatchewan, Canada is a phenomenal city. It has a down to earth vibe full of great people. We have lots of outdoor activities for all 4 seasons. Its a young city with a vibrant population. We are surrounded by many smaller towns and Saskatoon is the economic engine of our province.
1. Demographics. As mentioned Saskatoon has a young demographic. Saskatoon is also very entrepreneurial. When you combine those 2 things investing in Saskatoon makes more sense. Younger people are focused on their careers and being mobile than settling down.
2. University city. We have a very large university that bring renters in from all over the world for long periods of time. We also have many trade and technical schools that provides lots of renters. Again, Saskatoon is the economic hub which also brings far more people to the city than leaving.
3. Investing in Saskatoon real estate also provides some of the best return on investment of any other major city in Canada.
Selling Saskatoon real estate as a Saskatoon REALTOR can be stressful at the best of times. This home was listed in November. Just as the market slowed down. Then we had a Christmas. Then a cold and snowy January. Finally we got it sold…for full price.
The seller was second guessing me. He was second guessing himself. Did he make the right decision. It was weeks of reassuring him he did. Those are all the behind the scenes issues we deal with when selling a saskatoon house. He’s now happy and so am I. I’m always happy to help.
Saskatoon, Saskatchewan, Canada. Here are the top 5 things i love and the 5 things i hate about living in Saskatoon.
The 5 things i hate about Saskatoon, Saskatchewan is the weather. The second thing is the traffic. The third thing i hate is the construction. The fourth is the property taxes and the fifth thing i hate is no downtown grocery store.
The 5 things i love about Saskatoon, Saskatchewan are the food and local restaurants. Second is the events and vive of the city. Third are the jobs and employment opportunities. Number four is the river and trails. The last thing and most important is the people of Saskatoon.
Comment below on the top things you love or hate about living in Saskatoon
The Saskatchewan REALTORS® Association (SRA) IDX Reciprocity listings are displayed in
accordance with SRA's MLS® Data Access Agreement and are copyright of the Saskatchewan REALTORS® Association (SRA).
The above information is from sources deemed reliable but should not be relied upon without independent verification.
The information presented here is for general interest only, no guarantees apply.
Trademarks are owned and controlled by the Canadian Real Estate Association (CREA).
Used under license.
MLS® System data of the Saskatchewan REALTORS® Association (SRA) displayed on this site is refreshed every 2 hours.