Edmonton ranks 10th as most expensive downtown housing in the world!!

smalltown

Thu, April 12, 2007
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Calgary ranks sixth as most expensive downtown housing
UPDATED: 2007-04-12 16:38:42 MST

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5 q3 i4 q6 e1 [. C' k/ |By NADIA MOHARIB, SUN MEDIA

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More and more Calgarians are buying downtown homes but paying top price for the prime location.

6 A" {; I) c4 k$ O: J) w$ y9 u( CPeople who live in downtown business districts in Canada’s largest cities generally pay less per-square foot than people in cities around the world and enjoy shorter daily commutes to work, according to a recent survey done on first-time home buyers by CENTURY 21.

Calgary ranks sixth most expensive of 31 cities surveyed around the world.

$ W- Z8 R4 p& gThe cost to buy in Calgary’s downtown is even more than settling in Toronto’s core which ranked 16th in the survey with the average cost running $209 per sq. ft.

: t. O0 \; p1 aGeorge Bamber, owner of a Calgary-based Century 21 said it’s a sign of a city maturing and becoming more like Vancouver or Toronto where downtown is a place where people live and work.“You just get more real estate for your money outside of downtown,” he said.
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“To live downtown people pay for it.”
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A condo in southwood for instance would run about $323 a sq. ft while downtown goes for about $500.
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# r$ `, @$ ~7 ~8 j: I. \0 `+ H" dStill Bamber said the interest in downtown living only seems to be getting more popular — a sign Calgary is “getting to be more like a big city.”
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Part of the attraction is affordability but also people wanting to buy in to a certain lifestyle, Bamber said.
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“People want to be close to restaurants and bars and don’t want to drive an hour to work,” he said.
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He said 30 % of the housing market is condos - the bulk of which are in downtown.
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  \# g) A" W' m) H) m% ?3 dThe survey showed Vancouver placing fourth most expensive at $577 per sq. ft. while Edmonton was 10th most expensive at $322.
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) z1 ~  m+ [2 R% {In Calgary, a typical first-time buyer would choose a one-bedroom, one-bath 500-sq. ft. apartment in Mission or Connaught priced at about $250,000 and a 10-minute drive or 20-minute walk to the downtown business core and the Calgary Tower.

& O5 K. [1 L8 D8 X& cWhile those looking for life in the suburbs and a better bang for their buck typically see a significant cost savings.

! n$ Q2 Z( G% y0 Y$ g2 UA 650 sq. ft condo in Southwood, Bamber said, recently sold for about $323 per square foot, for instance.
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- St. John’s and Quebec City had the lowest and second-lowest per-square-foot downtown prices of all 31 cities surveyed, at $55 and $93 respectively.— The two lowest per-square-foot prices for international cities were Istanbul, Turkey and Sydney, Australia, at $94 and $105 respectively.
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+ H: |3 ~% K5 _9 n" L; i/ I" x1 I, b— Vancouver was fourth most expensive at $577 per square foot while Calgary was sixth most expensive at $500 and Edmonton was 10th most expensive at $322 — Globally Paris was the most expensive at $1,051 per square foot while London was fifth most expensive at $532 and New York was eighth most expensive at $375 The 10 least expensive downtown housing markets as ranked per-square-foot for first-time buyers are; St. John’s $55 Quebec City $93 Istanbul $94 Halifax $97 Charlottetown $104 Sydney, Australia $105 Bogota $114 Mexico City $119
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/ B( n2 p* O7 J( v" ?' f; `The 10 most expensive downtown housing markets; Paris $1051 Moscow $688 Seol $630 Vancouver $577 London, England $532 Calgary $500 Athens $375 New York City $375 Tokyo, $325 Edmonton $322.

smalltown

Are we living in New York or Tokyo?

xiaopang

不是真的吧。我朋友在纽约，他说他买不起房子，他住公寓，房租一个月2800美刀，不过据说很奢侈。比起来，爱民顿还是很便宜的，不过可能占工资的比例就比较高。我朋友两口子年收入税后将近30万。

dave2004

一点也不奇怪，最近一个世界范围内经理级房屋 (executive house)市场调查显示 (见上周环球邮报)：
6 z$ _+ e" N& M4 G" d世界排名前十位最贵城市中，加拿大名列第一，独占四名， 仅次于伦敦(第一)，纽约(第二)。

牛眼熊心

这数据是真的, 我在电视上也看到了, 可是统计方法有待考证.

New York City $375 Tokyo, $325 Edmonton $322.

也就是说edmonton的房子和东经,new york基本一样. new york的中心two bedroom房子没有个50万买不到, twowhouse起码上80万...edmonton还没有到这个价吧?
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Listing Information
        Listing ID         932689
0 E7 q/ @+ |. j        Price         $465,000
        Bdrm(s)         2
8 D) V  w# p4 K5 x9 V1 e; _        Type         Co-op
% F4 l9 e1 @+ m# c        Rooms        4
" N: Q/ i3 p4 u3 \2 [. m        Baths        1
        Monthly Tax        --
8 K) }2 U8 w9 ]        CC/Maint        $707
2 I5 O7 m* u3 }这房子是new york Manhattan最便宜的two bedroom了, 其他的都上了50万. 要注意这个condo是co-op, 也就是说房子没有卖的权利, 要通过condo board调查买家,经过的同意才能卖.

[ 本帖最后由 dgg 于 2007-4-13 14:39 编辑 ]