Edmonton ranks 10th as most expensive downtown housing in the world!!

smalltown

Thu, April 12, 2007

9 K$ I+ v0 e7 S1 I+ V0 NCalgary ranks sixth as most expensive downtown housing
) F, ]& ?8 g3 Q& FUPDATED: 2007-04-12 16:38:42 MST
5 P- h2 z! V4 D/ M6 h* |8 w0 U
+ g5 h  u1 Y" B! h
By NADIA MOHARIB, SUN MEDIA

  
4 R' n5 x7 N' M. Q6 QMore and more Calgarians are buying downtown homes but paying top price for the prime location.

- X4 w8 O+ [. f* c2 F. W; q. q9 q/ sPeople who live in downtown business districts in Canada’s largest cities generally pay less per-square foot than people in cities around the world and enjoy shorter daily commutes to work, according to a recent survey done on first-time home buyers by CENTURY 21.

Calgary ranks sixth most expensive of 31 cities surveyed around the world.
, j5 Z; n8 o! T. ~1 x$ Y
The cost to buy in Calgary’s downtown is even more than settling in Toronto’s core which ranked 16th in the survey with the average cost running $209 per sq. ft.
1 t, [; y$ q- g7 K! N9 m2 L
George Bamber, owner of a Calgary-based Century 21 said it’s a sign of a city maturing and becoming more like Vancouver or Toronto where downtown is a place where people live and work.“You just get more real estate for your money outside of downtown,” he said.
- X" w. |- x7 K/ U% S9 b7 G, T
2 J( Z# b9 `& h4 j“To live downtown people pay for it.”

A condo in southwood for instance would run about $323 a sq. ft while downtown goes for about $500.

" o4 }: a$ ~4 M+ V2 G% z; C& i2 c
8 P; ]) j. v. e$ Y' z6 ]$ GStill Bamber said the interest in downtown living only seems to be getting more popular — a sign Calgary is “getting to be more like a big city.”

1 ]# Z/ f( c/ F) u8 M$ ePart of the attraction is affordability but also people wanting to buy in to a certain lifestyle, Bamber said.

; `$ c4 c* C) T$ D6 m% g“People want to be close to restaurants and bars and don’t want to drive an hour to work,” he said.

: j  C6 ]8 ?, ]He said 30 % of the housing market is condos - the bulk of which are in downtown.
1 G+ Z7 A, v. q- ^; l
The survey showed Vancouver placing fourth most expensive at $577 per sq. ft. while Edmonton was 10th most expensive at $322.

2 }& u( J" g! b  v6 LIn Calgary, a typical first-time buyer would choose a one-bedroom, one-bath 500-sq. ft. apartment in Mission or Connaught priced at about $250,000 and a 10-minute drive or 20-minute walk to the downtown business core and the Calgary Tower.

While those looking for life in the suburbs and a better bang for their buck typically see a significant cost savings.

( U' a! c, X6 V% L+ |* F3 y* eA 650 sq. ft condo in Southwood, Bamber said, recently sold for about $323 per square foot, for instance.
- ^4 O" u2 S7 i' f4 y# W
2 k6 i! m7 y4 Y  ?% z4 aFAST FAX
9 f# l( t1 A9 ~2 @1 f# V
- St. John’s and Quebec City had the lowest and second-lowest per-square-foot downtown prices of all 31 cities surveyed, at $55 and $93 respectively.— The two lowest per-square-foot prices for international cities were Istanbul, Turkey and Sydney, Australia, at $94 and $105 respectively.
; `$ o1 `5 j5 r- h
— Vancouver was fourth most expensive at $577 per square foot while Calgary was sixth most expensive at $500 and Edmonton was 10th most expensive at $322 — Globally Paris was the most expensive at $1,051 per square foot while London was fifth most expensive at $532 and New York was eighth most expensive at $375 The 10 least expensive downtown housing markets as ranked per-square-foot for first-time buyers are; St. John’s $55 Quebec City $93 Istanbul $94 Halifax $97 Charlottetown $104 Sydney, Australia $105 Bogota $114 Mexico City $119
: d! _3 z6 @" p" m) j) }( Z" ^
! s/ l# r9 N' u! Y# kThe 10 most expensive downtown housing markets; Paris $1051 Moscow $688 Seol $630 Vancouver $577 London, England $532 Calgary $500 Athens $375 New York City $375 Tokyo, $325 Edmonton $322.

smalltown

Are we living in New York or Tokyo?

xiaopang

不是真的吧。我朋友在纽约，他说他买不起房子，他住公寓，房租一个月2800美刀，不过据说很奢侈。比起来，爱民顿还是很便宜的，不过可能占工资的比例就比较高。我朋友两口子年收入税后将近30万。

dave2004

一点也不奇怪，最近一个世界范围内经理级房屋 (executive house)市场调查显示 (见上周环球邮报)：
7 c, U2 D" _# n- p) e世界排名前十位最贵城市中，加拿大名列第一，独占四名， 仅次于伦敦(第一)，纽约(第二)。

牛眼熊心

这数据是真的, 我在电视上也看到了, 可是统计方法有待考证.
( Y( n) ~- E, W9 ]( j$ m4 X) x
New York City $375 Tokyo, $325 Edmonton $322.
6 [' {, a- ?! K( Y
# p" e5 S3 d9 C- T$ s, g也就是说edmonton的房子和东经,new york基本一样. new york的中心two bedroom房子没有个50万买不到, twowhouse起码上80万...edmonton还没有到这个价吧?

7 y0 Y) S2 K% F) Y& @- H/ kListing Information
' g$ e9 Q' E* Y/ M        Listing ID         932689
        Price         $465,000
        Bdrm(s)         2
        Type         Co-op
        Rooms        4
4 T4 l! c0 j5 b) A8 ?$ i+ Q        Baths        1
) J5 I, R1 O3 Y( W' q& T7 L        Monthly Tax        --
, v8 B; K" c/ {- @        CC/Maint        $707
; J7 \. T1 k9 H5 \' p. }2 a这房子是new york Manhattan最便宜的two bedroom了, 其他的都上了50万. 要注意这个condo是co-op, 也就是说房子没有卖的权利, 要通过condo board调查买家,经过的同意才能卖.
. i7 d4 J0 V5 k0 |
[ 本帖最后由 dgg 于 2007-4-13 14:39 编辑 ]