It’s an Awesome Time to be Invested in Edmonton!

There are many real estate markets in Canada where investors can turn a profit. When it comes to increasing net worth, generating steady cash flow, building equity, and hedging against inflation, Edmonton is my favorite and here’s why..

✔ Among the fastest growing cities in Canada, twice that of the national average, with 35% of the population relying on rentals for housing.

✔ Alberta has recently seen its largest inter-provincial migration since the early 80’s resulting in a net increase of 51,718 people to Alberta's population in the first quarter of 2023. This was an increase of 207.5% from the first quarter of 2022.

✔ In the top 3 most affordable places to live in Canada ie: 435k average detached home price (709k is the national average).

✔ Edmonton was recently named best city in Canada to live in for work, especially for families.

✔ Strong focus to ease immigration process through Alberta Advantage Immigration Program, and changes to prioritize applicants with immediate family in the province.

✔ Favorable rules and conditions for landlords ie: Relatively easy to increase rents and evict bad tenants compared to other provinces like BC and Ontario.

✔ Economic stability – Oil, Advanced Tech, Agriculture, Government, Health Care, and very strong commitment from all levels of government to further diversify the energy economy.

✔ Tremendous investment flowing into Alberta’s Industrial Heartland (massive industrial zone) located 30mins from downtown Edmonton.

✔ And, of course we wouldn’t want to forget that Edmonton was recently ranked 38th best sports city in the world and ranks 2nd in the country, only behind Toronto!!

Exciting things are in the works for Alberta and Edmonton is leading the charge!