INVESTING IN CANADA

Investing in Real Estate remains one of the most profitable ways of building wealth and investing in your future. At Penthouse Queen we understand the importance of making a great investment, whether it’s buying or selling properties.

Finding the right investment property can be daunting, it involves extensive market research. From financing and mortgaging, understanding Canada’s taxation laws, to pro-actively creating effective strategies looking into timing and goals, we’re here to help you make informed decisions.

Our team will ensure the process of buying and selling as seamless as possible. Penthouse Queen is dedicated to putting our client’s best interests first.

Why Canada

As one of the wealthiest country in the world, Canadians enjoy a high quality of life with a diverse and inclusive economy, skilled and talented workforce, and a stable, predictable political and economic landscape with open access to the world. This, along with healthy employment rates and a welcoming immigration policy, continues to drive real estate investors to our country.

Canada’s economic prospects are strong ranking high among the G7 and is forecast to be the second highest in 2019-2020. OECD places Canada at the top of the G7 over the last decade for long-term GDP growth.

Canada ranks 7th in the EIU global business rankings for the forecast period (2019-2023). The country ranks well for its infrastructure, market opportunities, foreign trade and exchange, and low tax rates.

In 2018, Canada admitted 321,121 permanent residents. Today, almost 1 in 5 (18.1%) Canadians and close to half (44.4%) of all Ontarians live in the Greater Toronto Area (GTA) (Statistics Canada).

Since January 2015, Canada has created more than 1 million jobs, an increase of almost 6% with over 85% of these new jobs in full-time positions.

Why Toronto

Toronto remains one of the leading city to invest in…why? Toronto is a world-class city offering an incredible lifestyle. It is the cultural, entertainment, and financial capital of Canada. People of all backgrounds enjoy our theatres, museums, art galleries, festivals, sports teams, dining, shopping, parks, and waterfront. Toronto is home to: The National Ballet of Canada, the Canadian Opera Company, the Toronto Symphony Orchestra, Toronto International Film Festival (TIFF), Pride Week, Grand Prix, the CN Tower, Ripley’s Aquarium, Rogers Centre, Scotiabank Arena, Toronto Maple Leafs, Toronto Blue Jays and the 2019 NBA Champions, Toronto Raptors. Make Toronto your home.

Liveability

Toronto ranked 7th (tied with Tokyo) of 140 cities as 2018’s Most Liveable Cities.

Diversity

Over 140 languages are spoken here making Toronto the most diverse city in the world.

City Growth

Toronto recently named the fastest-growing city in Canada and the U.S.

Job Opportunities

Toronto is Canada’s global business hubs and is also home to many business incubators.

Property Prices

Toronto ranks 12th of 35 in terms of average property prices (CBRE Global Living 2019).

Vacancy Rate

Vacancy rate remains low at just 1.1%.

Net Immigration

Net immigration is at a 15 year high and the local construction sector is on track to record its 10th straight year of growth in 2019, with GDP growth forecast to reach 2.3% in 2019 (CBoC).

Millennials

Over the next 10 years almost 700,000 first-time home buyers will purchase in the GTA or Hamilton market according to OREA.