In Canada, conversations about the housing market often centre around price, which is a key determinant for many buyer decisions. Many households have trouble getting into the market, considering the national average home price was $696,179 in June.
That being said, finding the right place to live involves more than just cost. It’s essential your clients consider factors that contribute to overall well-being, such as job opportunities, commute times and community amenities. Zolo considered these things along with other factors in its recent report on Canada’s best places to live. Here are the key findings.
Most livable cities
Source: Zolo
Ottawa tops the list, known for its affordability, low crime rates and high household incomes. Other notable cities include the Simcoe area, Guelph, Barrie, Tillsonburg, Kitchener–Waterloo, Saskatoon, Edmonton, Halifax–Dartmouth and Winnipeg.
These cities blend affordability with amenities that enhance quality of life, making them ideal for various demographics.
Family-friendly cities
These cities feature some combination of communities with a high proportion of other families, low crime rates and affordable housing, along with high household income, low unemployment and access to recreation and primary healthcare providers.
Ontario leads in family-friendly cities, including the cities of Barrie, Ottawa, Simcoe area, Guelph, Kitchener–Waterloo, the GTA, Mississauga and Hamilton–Burlington. Outside Ontario, Calgary and Saint John offer excellent environments for families.
Best places for young adults
For young adults, cities with universities and good public transportation and walkability rank high, such as Saskatoon, Winnipeg, Edmonton, Guelph, Sudbury, Kitchener–Waterloo, Ottawa, Halifax–Dartmouth, Victoria and Greater Vancouver.
These cities offer affordability, job opportunities and vibrant communities that attract young professionals. In more expensive larger centres, many young adults are creatively entering the market by purchasing with friends or using money from family.
Ideal spots for retirees
Many retirees are choosing to age where they are, but those looking to downsize value safety, affordability, access to medical facilities and a community of other seniors. The top locations for them include Saint John, Fredericton, Ottawa, Grey Bruce Owen Sound, Niagara Region, Simcoe area, Central Lakes and Sault Ste. Marie.
Best for nature lovers
Nature lovers should look at smaller, less-dense towns, outdoor activities, favourable climate and weather and parks and green spaces. Top areas include Ottawa, Simcoe, Barrie, Grey Bruce Owen Sound, Bancroft area, Kawartha Lakes, Guelph, Saskatoon, Winnipeg and Edmonton.
Review the full report in detail here.
