Everyone wants to be a homeowner, but it has become kind of tough for young adults to do that in major Canadian cities. Prices continue to rise in these cities, so many people are forced to be in the rental market. Let’s take a look at what $1500 a month will rent for you in major Canadian cities.
Halifax is a great city to live in on the east coast of Canada. It’s not as large as some of the big name cities on this list, but you are sure to be a part of a great community of people when you’re in Halifax. If you enjoy fishing and fresh seafood, you might have found your new home. For $1600 we found this lovely two level downtown condo with 2 bedrooms that seems pretty ideal for a new family in the area.
The city of Montreal continues to grow with opportunities in the job market. The city is home to some of the best schools in the world (McGill University) so it is imperative that once these graduates finish school, they can get a great job and somewhere to live. For $1500 a month you can get this fully furnished 1 bedroom in the Mile End neighbourhood.
Living in Toronto is the dream location for many young adults. The city is known as one of the most diverse in the world and continues to grow as businesses plant themselves in the city. Toronto is one of the cities that has seen home prices continually skyrocket and reach heights that even people with money are having a tough time affording to live in the city. For $1500 you can live in the Beaches neighbourhood in this nice 1 bedroom basement apartment that has just been renovated.
This might be the best bang for your buck amongst the cities on this list. Calgary is a blossoming city and is to grow to the size of Toronto and Vancouver. It hasn’t reached there yet, but it is definitely on it’s way to becoming a hub for businesses in the near future. For $1500 you can get this beautiful 2 bedroom 2 bathroom home. The space is way more than enough for two people and you won’t have to worry about being crammed into a small living space.
The housing market in Vancouver has been in the news consistently over the last five years as the city has watched the price of homes go through the roof. It has been so bad that the government has had to step in to slow down the market in Vancouver. Even for the rental market, we couldn’t find much for $1500 on Craigslist, but for $1600 you can get this pretty cool studio apartment. This apartment isn’t a very large space but it is pretty ideal for one person who enjoys an open concept living space.