AvranceCorp Developments understands the forces shaping the Canadian housing market.
Not just for building quality homes, but also to empower buyers to make better real estate investments.
One of the most powerful and consistent drivers of demand in Canadian urban real estate today is immigration growth.
With Canada welcoming more new residents than ever, condos have become increasingly sought after by immigrants who are looking to move to vibrant cities like Toronto, Montreal, or Vancouver.
Let’s take a quick look into how immigration shapes the Canadian condo market. And most importantly, what it means for the home buyers’ purchasing decisions.
Condominium living can offer immigrants a balanced combination of affordability, lifestyle, and access. A condo close to public transit and services saves time and offers convenience to a working lifestyle. Add in secure and modern built-in amenities, like fitness centres and concierge services, and it’s no wonder young professionals tend to gravitate towards the condo as opposed to a house.
In addition, condos appeal to smaller household sizes, young professionals, and first-time homebuyers. These are demographics that strongly overlap with new immigrants.
Everyone deserves a safe and connected community. We at AvranceCorp are here to help and empower home buyers with their purchase We have several project, some including condos, that we believe will interest anyone looking to purchase a quality residence.