Canada has a reputation for being the politer neighbor to the United States. However, when it comes to real estate investments, few people seem to think about this giant North American country. Most of your efforts are spent in your own country, but should you give Canadian real estate a try?

Realistically, this article could end right now with a short answer – yes! 

But, you’re probably eager to learn why Canadian real estate is worth your money. With that in mind, here are some compelling reasons to invest in property out in Canada: 

Diversify your portfolio

Whether you’re living in the UK or the US – or anywhere else in the world apart from Canada – this real estate investment is a chance to diversify your property portfolio. It’s never a good idea to put all your eggs in one basket and own property that’s exclusively in one country. What happens if that country suffers an economic downturn? All of your assets will be hit, and you’ll go into panic mode. 

On the contrary, with investments in Canada, you have assets that won’t be affected by any economic happenings in other countries. So, if you’re keen to get some overseas property, then this could be the country for you. Obviously, if you live in Canada already, then this point is void. 

Canada is a desirable place to live

A critical aspect of making solid property investments is that you purchase properties that will be in-demand. This means you’ll have plenty of buyers lining up to take it off your hands or plenty of tenants looking to rent it out. As it happens, Canada is amongst the most desirable places to live on earth. 

Consequently, this means that loads of people are always keen to move to Canada from elsewhere. Combine this with the already massive population, and you have a huge demand for real estate. What makes Canada so desirable? Well, if you look at this article on living in London Ontario, Canada, then you’ll quickly see why people want to live in this country. It has the perfect blend of safety, friendliness, wide-open spaces, and city life. Additionally, it’s such a diverse place. There are remote areas of the countryside that are perfect for retirees, and there are bustling cities that are ideal for the modern professional. As such, you can make a lot of money because the demand for real estate is so high. 

Many different properties available

Following on from the previous point, Canada is full of different properties for you to invest in. Yes, you have traditional houses, but you also have massive country homes and farming estates in the more remote areas. There are loads of apartments in urban cities, and you’ve got a plethora of commercial real estate to consider as well. 

The point is that there are options for just about any investor. If you’re keen to start investing in commercial properties, then cities like Toronto and Montreal are perfect for this. There’s loads of profit potential in big country homes as well – mainly because you can add to and improve them in so many ways. No matter what investment method you’re going for, Canada has the properties to make it possible. 

Canadian real estate can be very affordable

Despite the popularity, real estate in Canada is thought to be heavily undervalued. This is an advantage for investors as it means you can get some properties for a bargain price. Particularly if you look away from the big cities – this is where true value comes in! 

At some point, the value of the Canadian real estate market will increase. It’s bound to happen, and part of this comes from the influx of people moving to the country. Loads of Americans have already emigrated after the 2016 presidential election, and more could follow suit after this year’s results. So, we have a country where there’s plenty of real estate up for grabs, it’s available at good prices, and the demand for it will start to increase. It’s the perfect recipe for profits. 

All things considered, Canadian real estate is definitely worth looking into. If you already live in Canada, then it’s still well worth thinking about buying property. However, this is definitely a more effective investment opportunity for people living outside the country. One thing that’s also worth mentioning is that it’s a great time to invest in general. The global interest rates are plummeting, and there’s a bit of an economic crisis. While this isn’t great, it does mean that borrowing money is cheaper than ever. So, you can get a mortgage and get your foot on the property ladder!