Real Estate in Canada
Alberta Real Estate
Airdrie266Beaumont113Bonnyville Town83Calgary4,103Canmore110Chestermere107Cochrane181Cold Lake231County Of246Edmonton5,228
Edson93Fort Mcmurray463Fort Saskatchewan187Grande Prairie442Lac La Biche93Lacombe80Leduc181Lethbridge476Lloydminster142M.D. Of113
British Columbia Real Estate
Abbotsford626Burnaby894Campbell River275Chilliwack427Coquitlam496Courtenay212Dawson Creek153Delta340Duncan186Fort St. John222
Kamloops510Kelowna1,277Lake Country159Langford275Langley848Maple Ridge525Mission288Nanaimo477New Westminster242North Vancouver472
New Brunswick Real Estate
Bathurst42Beresford12Bouctouche16Campbellton30Cap Pele12Caraquet12Cocagne17Dieppe105Dsl De Drummond/Dsl Of Drummond15Edmundston42
Fredericton107Grand Barachois32Grand Manan15Grand Sault/Grand Falls22Grande Digue27Hampton19Harvey11Kedgwick11Memramcook11Miramichi48
Newfoundland and Labrador Real Estate
Bay Bulls12Bay Roberts37Bell Island9Bishop's Falls12Botwood14Brigus11Carbonear29Cbs9Channel- Port Aux Basques9Clarenville23
Clarkes Beach13Conception Bay South90Corner Brook58Deer Lake18Flatrock9Gander38Glovertown9Grand Bank14Grand Falls-Windsor51Happy Valley-Goose Bay21
Nova Scotia Real Estate
Amherst15Annapolis Royal10Beaver Bank31Bedford92Bible Hill14Bridgewater21Centreville10Cole Harbour20Dartmouth96Digby19
East River Point11Eastern Passage31Elmsdale22Enfield12Fall River28Falmouth23Glace Bay21Greenwood17Halifax262Hammonds Plains36
Ontario Real Estate
Barrie727Belleville231Brampton921Brantford407Burlington531Caledon258Cambridge314Chatham203Clarington217Collingwood291
Etobicoke487Fort Erie239Grimsby201Guelph317Hamilton1,481Innisfil343Kawartha Lakes263Kingston476Kitchener514London1,011
Prince Edward Island Real Estate
Borden-Carleton5Brighton9Brudenell3Cape Traverse4Cascumpec3Charlottetown115Chelton3Clyde River4Cornwall26Darnley3
East Royalty8Ellerslie-Bideford4Kensington5Kinkora4Long River4Lower Montague7Mermaid8Mill River East3Miscouche7Montague4
Quebec Real Estate
Austin1Bedford - Ville3Bolton-Est1Brossard1Carleton-Sur-Mer1Châteauguay1Cowansville3Deux-Montagnes1Dollard-Des Ormeaux1Dunham3
Farnham4Gatineau (Aylmer)1La Minerve1La Prairie1Lac-Brome2Lac-Supérieur1Laval (Chomedey)2Laval (Laval-Sur-Le-Lac)3Laval (Sainte-Dorothe)1Laval (Sainte-Dorothée)3
Saskatchewan Real Estate
Assiniboia44Battleford37Biggar15Buckland Rm No. 49115Candle Lake21Canora18Carnduff15Corman Park Rm No. 34429Esterhazy35Estevan95
Grenfell17Humboldt32Katepwa Beach16Lloydminster70Macklin17Maidstone16Martensville45Meadow Lake38Melfort19Melville35
About Real Estate in Canada
Canada... a diverse smorgasbord of cultures and environments is just the beginning to what makes this such a great country to live in, work in, and play in! Opportunities abound within each province of Canada, so the only question is... which province in Canada is right for you and your family? One of the biggest deciding factors to where people choose to live in Canada is about a certain lifestyle... the major cities attract urbanites, the rural areas attract farmers & gardeners, the heavily forested & lake-filled areas attract outdoor enthusiasts and the various shorelines & the lakes themselves attract waterfront and cottage life enthusiasts. Another fantastic aspect of Canada is... no matter where you choose to live, you can access the rest of Canada to indulge in the other perks that other provinces offer! The real estate collection in Canada is just as diverse within each province. Home buyers will find vacant lots to build their dream homes (and possibly open a new business) and every type of dwelling imaginable including (but not limited to) cabins, cottages, ranchers, condominiums, triplexes & duplexes, multi-story homes, single family homes, mobiles, bungalows, townhouses, executive townhomes, split level houses, and private mansions. Land or property typically accompanies houses in Canada, so if you are on the hunt for a big yard, you will find lots of opportunities with houses for sale to check that off your list.
Real estate can be enjoyable (when viewing the MLS listings and fall in love with several homes), but it isn't until you have the financial backing and commitment from a lender that keeps it beyond your reach to make an offer on one of those homes. If you are ready to take the steps necessary to become a homeowner, then you should sit down with your lender and process a pre-approval application. Once you have been pre-approved by your lender, you will know exactly just how much money you are working with so let the house hunting process begin! Working with a real estate agent or broker can give you access to their expertise and services (a realtor acts as the go between with you and the seller once you find the perfect home). Some of the real estate terms you may come across with your realtor is a counteroffer (if the seller rejects your original offer, the seller can come back with an amendment to the offer at a different price or closing date), offer to purchase (a contract in writing that outlines the terms that the buyer agrees to in order to buy the home), deposit (a set amount of money set aside with your realtor or lawyer which will be paid to the seller at the time of closing) and lien check (this is a check to make sure there are no liens/monies owing by the seller against the home you want to buy).
When it comes to mortgages, many buyers turn to a lender like a bank, credit union or private lender to borrow the upfront funding to buy a new home. There are quite a few mortgage types/products available outside of the top three mostly attractive ones (a fixed rate, an adjustable rate & a variable rate). Mortgages can be open or closed and depending on your personal finances and the risk level you pose to a lender; you may be required to take out a high ratio mortgage (mortgage default insurance is mandatory as a security to the lender if a down payment is unavailable). There are mortgages that allow you to transfer a current mortgage (portable mortgage), mortgages that combine the fixed rate & variable rate (hybrid or 50/50 mortgage), and mortgages that are applicable to buyers that have or currently hold a mortgage (convertible mortgage). The monthly payment amount of any mortgage is based on quite a few bits of information such as the amount of money you wish to borrow (the principal amount), the agreed-upon interest rate (the percentage you will pay over the principal amount), the payment frequency (how often you will make a payment each month), and the number of years it will take you to pay the loan & interest back in full (the amortization).