The international real estate website Homesgofast.com research has found a little-known Canadian city ideal place to buy in Canada. The city could be ripe for investment as prices rise and the university continues to attract international students.
Founder of Homesgofast.com Nick Marr
The Royal LePage House Price Survey recently released shows Laval’s real estate market posted growth during the third quarter, with a 3.6 per cent increase in the aggregate price of homes to $325,481.
At same time 4,000 international students from 112 countries are studying at Université Laval, where 23% of the professors and lecturers are also from countries other than Canada. The proximity to Quebec and Laval being the largest suburb of Montreal seems to tick all the boxes for international real estate investors”
Potential buyers are given a wide range of inventory giving them a clear advantage. Due to the slight lull in sales in 2015, there are now more real estate listings in Laval.
According to the survey, compared to the same period in the previous year, the median price of a 2-storey property in Laval went up in the third quarter by 3.3 per cent to $401,949, while the median price of a bungalow went up by 4.7 per cent to $298,406. There is also a 2% increase in the median price of condominiums, reaching $242,084.
Laval University in Quebec
4,000 international students at these same time 112 countries are studying at Université Laval, where 23% of the professors and lecturers are also from countries other than Canada. UL has ties with over 500 renowned partners in all four corners of the globe and enjoys worldwide name recognition.
Université Laval offers over 400 programs and has more than 690 exchange agreements in place with universities in some 60 countries. To learn whether your school has an agreement with UL, contact your office of international relations.
Québec City is a natural fortress perched atop Cap Diamant overlooking the majestic St. Lawrence River, and the capital of the province of Québec. As the only North American city surrounded by authentic fortifications, it was recognized as a UNESCO World Heritage Site in 1985.
Laval is a Canadian city in southwestern Quebec, north of Montreal. It forms its own administrative region of Quebec. It is the largest suburb of Montreal, the third largest municipality in the province of Quebec, and the thirteenth largest city in Canada with a population of 401,553 in 2011.
Fantastic Laval Property For Sale
A great example of what can be bought in Laval Canada is this property currently listed on Homesgofast.com
It’s a water-side 2 story condo with 3 bedrooms an elevator, wine cellar and private access to the dock gives you the chance to enjoy the condo by the water.
Behind the dining room area is located the spiral staircase, surrounded by a window, leading to the second floor. A big 225 sq ft room with a half bath, offering a splendid view of the river et le rapide du cheval blanc. You can see the boats passing in the channel on the second balcony equipped with a canopy.
Learn more about this Laval Property here
Luxury real estate in Quebec in Canada
Apartment for sale in Quebec