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

smalltown

Thu, April 12, 2007
3 _! D" T+ j& W! J$ T
Calgary ranks sixth as most expensive downtown housing
# ^, ]1 m* h: a8 e3 s: XUPDATED: 2007-04-12 16:38:42 MST


& H7 ]  P& a7 d/ ]" i! L+ V1 ]By NADIA MOHARIB, SUN MEDIA
, R# n( |1 S1 t% o
7 j% L7 J  A1 F  
More and more Calgarians are buying downtown homes but paying top price for the prime location.

0 p- j/ s3 w" h* aPeople 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.

0 Q, T& g. y4 \" m' D+ c6 PCalgary ranks sixth most expensive of 31 cities surveyed around the world.
7 G  w+ e! D* ]
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.
# F* {# K- r- G
: ?, w: g2 T# ]6 bGeorge 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.
1 x, q7 @2 H0 U2 Z' t
“To live downtown people pay for it.”

( K! @! y# a, x! ?: V# S, YA condo in southwood for instance would run about $323 a sq. ft while downtown goes for about $500.
3 Q3 H' C$ Y5 m0 G' L  H8 i9 Q) r
! Y" g( E2 |/ `: Q- ?! [% q9 C
Still 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.”

8 G+ N$ y9 t8 e- @3 J. N% iPart of the attraction is affordability but also people wanting to buy in to a certain lifestyle, Bamber said.
, }7 {3 R! @" P
“People want to be close to restaurants and bars and don’t want to drive an hour to work,” he said.

, p# b7 p1 C9 h8 F  K3 pHe said 30 % of the housing market is condos - the bulk of which are in downtown.
9 w1 G; V) r$ s
The survey showed Vancouver placing fourth most expensive at $577 per sq. ft. while Edmonton was 10th most expensive at $322.

In 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.

/ ^, k- _* i& N. I6 S' |8 SWhile those looking for life in the suburbs and a better bang for their buck typically see a significant cost savings.

9 }& e7 a& V; ]) }% I7 Z) gA 650 sq. ft condo in Southwood, Bamber said, recently sold for about $323 per square foot, for instance.
4 F' b% ]* Z7 r5 |' U' N
" z) I( q. Z* y5 x4 o+ _FAST FAX
, H$ {+ @! K2 S* Q
' k) P2 w! q4 G+ Q! B7 j- 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.

— 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 $119
& ^) |$ e" A  s' Y4 R2 P* g+ q# e* s0 i
The 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)：
9 }6 C2 V' F# {6 @6 W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.
9 F2 R; _, C  A& ?  y4 t6 H
New York City $375 Tokyo, $325 Edmonton $322.

6 p2 B: t3 ~1 W. T; [1 }1 E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?

# l0 @7 q+ n& _1 A# TListing Information
        Listing ID         932689
: \* L1 n3 g" |8 l. r        Price         $465,000
        Bdrm(s)         2
        Type         Co-op
) n0 l( _4 g5 I3 Z* P        Rooms        4
        Baths        1
) _* e5 j2 C  C2 |        Monthly Tax        --
7 Y5 t7 w/ S- g- M# j; K  Z$ j        CC/Maint        $707
4 D5 q( G7 F" U  D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.

7 S" {# Y0 e7 g$ x% M9 n: i; A6 E[ 本帖最后由 dgg 于 2007-4-13 14:39 编辑 ]