Report filed under: Buying Property Abroad Guides » Canadian Property Guide
Fri, December 01, 2006 - 7:36 pm EET
Luxury Homes and Estates for Sale in Canada
The luxury end of the property market in Canada is heating up and represents unique opportunities for developers and buyers
Canada has a pretty unique property market – it’s a mature market, it offers foreign owners similar rights to Canadian citizens when it comes to the freehold ownership of real estate, there is seemingly sustainable demand for both rental accommodation and resale property, and so far in many of the main Canadian towns and cities affordability has not been stretched and house prices and interest rates have not increased above that which most Canadians can and will afford to pay...
This makes Canada an exciting nation for property investors to focus on with a number of options currently available to them. Increasingly however, investors are looking for luxury homes and estates for sale in Canada as the nation attracts growing numbers of wealthy American and European expatriates and sees growing numbers of its own citizens becoming more affluent thanks to a healthy economy that is actually booming in certain sectors. We take a look at the luxury end of the property market in Canada.
Canada has adopted many of America’s IT and internet brains and it has always been an attractive country to move to for wealthy expatriates from the world over who are drawn to Canada’s very high standards of living, international tolerance and lower crime environment…and it is these groups of people fuelling an intensification of interest in luxury homes and estates for sale across Canada today.
A perfect example of the luxury homes available for sale to the super rich and the super discerning buyer in Canada is the likes of Insignya which is perfectly represents unique Canadian luxury property at its best! Insignya is a 16,000 square foot, European-style country mansion available for just 8.8 million Canadian dollars. This one of a kind home is located in unarguably one of THE most desirable locations on Canada’s ‘Gold Coast’ and it affords the buyer so much choice in terms of internal design, external finish and overall completion which means that Insignya will be completed to suit the personal tastes and individual requirements of its buyer who can model everything to suit their lifestyle for example, or their requirements for security or privacy.
Acclaimed architectural genius Michael Pettes is a leading light in the collective creative talents behind the concept, design and creation of Insignya – he recognised the current wave of interest in Canada for opulent homes created purely to satisfy the personal requirements of high end buyers, and this particular property for sale in Oakville represents the realisation of that requirement.
Investors wishing to tap into the luxury end of the market have to understand that money is not a restriction to their buying public – the ability to provide all that their buying market is seeking should be the driving force behind any particular upgrade or new luxury development project and the reason why Insignya gets this so right is easy to understand. The land upon which the home will be created is enviably well located and it has already been bought and secured, the basic architectural plans for this opulent home have been approved – but in terms of the construction of the property and every single internal and external fixture, fitting and detail, millions of dollars have been set aside in the budget for the buyer to select everything according to their own personal tastes and needs.
This is one of the best ways for investors wishing to tap into the upper end of the property market in Canada to go about it. If you want to know more about the concept of the project or you’re interested in viewing the feature brochure or arranging a meeting with the team behind Insignya with a view to buying the property then .
