Brief introduction of real estate investment in Toronto, Canada

Toronto is located in the center of the world's freshwater lakes-the northwest shore of Lake Ontario, the Great Lakes of North America, with flat terrain and beautiful scenery. Let's take a look at the real estate investment in Toronto, Canada.

I. Introduction to Toronto

Toronto is the capital of Ontario, Canada, with a population of more than 6.4 million and an area of 7 12 square kilometers. Toronto is located in the center of the world's freshwater lakes-the northwest shore of Lake Ontario, the Great Lakes of North America, with flat terrain and beautiful scenery. Ships can enter the Atlantic Ocean from here via the St. Lawrence River, which is an important port city in the Great Lakes region of Canada. Toronto used to be a place where Indians traded hunting commodities by the lake. Over time, it has gradually become a gathering place for people. Toronto is only 1 hour away from new york, and it is one of the southernmost cities in Canada. In fact, its latitude is similar to that of Northern California. So the climate in Toronto is quite mild, and spring and summer are the warmest in Canada. Toronto Metropolitan Area is mainly composed of the following cities and regions: Toronto, Halton, Peel, York and Durham. The population of overseas Chinese in Toronto exceeds 600,000. There are five Chinatowns in Toronto, among which there are two Chinatowns in the city center, Dundas/Spadina and Broadway/Gerard. There are also many Chinese shopping centers in Toronto: there are more than 70 Chinese shopping centers in downtown and suburbs of Toronto, such as scarborough, North York, markham, Mississauga and Yitaobi Valley. Among them, Pacific Mall, Market Village, First markham Square, Times Square, Oriental Center and Subway Square are large and prosperous.

Toronto is a peaceful and quiet city in the hearts of many people in China. Because of its low crime rate, clean environment, high living standard and multi-cultural tolerance, it has been listed as a livable city in the world by many economic think tanks. China people from all corners of the country flocked into this kaleidoscope-like place as if possessed, and at the same time brought the traditional culture of China here.

Second, the introduction of Toronto partition.

Downtown (the central business district of Toronto):

The mainstream real estate is apartments.

Apartment 2065438+the average price in June 2007 was 566,000 Canadian dollars.

Downtown Toronto is the main business district of greater toronto area, located on the north shore of Lake Ontario, south of Brewer Street, east of Dufferin Street and west of DVP. There are mainly four universities and colleges here, including the main campus of the University of Toronto, Ryerson University, Ontario College of Art and Design, George Brown College and four famous hospitals, including Toronto General Hospital, Children's Hospital, Mount Sinai Hospital and Princess Margaret Hospital. The famous Bay Street, Eaton Shopping Center, Ontario Museum, City Hall and China City are all concentrated in this narrow place. At the beginning of 2065438+2007, the rent of the apartment in 1 here can reach 1800 Canadian dollars per month, and the two-bedroom apartment can reach 2,700 Canadian dollars, and the vacant period is less than 1%.

North York (North York, Toronto):

The mainstream real estate is apartments.

The average price of the apartment in June 20 17 was 520,000 Canadian dollars.

North York is located in the northern center of Toronto, Ontario, Canada, with a total population of about 672955 in 20 16. According to the 2006 Canadian National Population Survey, 60% of the population in North Yorkshire is white, 14% is Chinese, 10% is South Asian, 9% is black and 3% is Korean. The downtown of North York is located on Yonge Street, the main street in Toronto, between Finch Avenue and Sheppard Avenue, and it is also one of the sections where the Toronto Metro 1 line passes. On Highway 40 1, the section across North York is very busy, with as many as 400,000 cars crossing this section every day.

There are mainly three universities in or around North York: the main campus and branch campus of York University, and seneca College. The University of Toronto in Siegfried is not far east of North York. There are three private campuses in North York, cresent school, Toronto French School, Have College, Elkhorn Public School and Earl Haig Middle School, all of which are very famous. There are three shopping centers in North York: Yorkdale Shopping Center, Bayview Village and Meijing Shopping Center. North York is also a region with good public security and living environment in greater toronto area. The residents in this area are mainly the middle class and the rich, and there are many large residential areas in this area. And Mahler, York Mills, Lawrence and Leslie in the Bay View folder? Path is a rich and influential residential area in Canada. The property in this residential area is worth hundreds of millions to hundreds of millions of Canadian dollars. Residents are mainly wealthy Canadian businessmen, and celebrities such as Stanley Ho and Celine Dion in Macao all own real estate here.

Markham (Markham City):

The mainstream building is a detached house.

201July Average price of detached houses10.52 million Canadian dollars.

Markham starts from Steels in the south, adjoins Toronto, reaches 19 Avenue in the north, starts from York-Durham Line in the east of markham Road, and reaches Yang Street (between Highway 7 and Steels Avenue) and Highway 404 (Highway 7 and 19 Avenue) in the west. With an area of about 2,654.38+0.2 million square kilometers, it is a big city in York area, adjacent to neighboring cities such as Toronto, Vaughan and Richmond Hill. In 20 16, the total population was 328966. 32.9% people speak Chinese (Mandarin+Cantonese+Chinese dialect), and only 40% people speak English. As a high-tech capital, markham has gathered a large number of IT and life science companies. The headquarters of more than 400 companies and more than 65,438+0,000 high-tech and life science companies are located in Markham, providing 39,000 jobs. IBM Canada, AMD Canada, Honda Canada, Honeywell, Oracle Bone Inscriptions, Johnson & Johnson; Johnson & Johnson, Huawei and Qualcomm are all in markham. At the same time, Wanjin's educational resources are very superior. According to the survey conducted by Fraser Institute in 20 16, Wanjin has four public campuses, ranking in the top 25. Wanjin is a major town in China. There are many supermarkets and shopping centers in China. There are four Chinese supermarkets in Canada, Datonghua, Pacific Place and Markham Place, and life is very convenient. At present, Markham's detached residential market is very popular. It is not surprising that there are 20-30 customers grabbing the second-hand single-family house.

Richmond Hill:

The mainstream building is a detached house.

201July Average price of detached houses10.68 million Canadian dollars.

Richmond Hill Richmond Hill is a town in York County, which is a part of greater toronto area, only 5 kilometers away from North York City and 20 kilometers away from downtown Toronto. It developed rapidly after the 1990s. In 20 16, the population is about195,000, and the area is about 1 10 square kilometer. 19% people speak Chinese (Mandarin+Cantonese+Chinese dialect), and only 40% people speak English. Richmond Hill has an excellent geographical position, prosperous industry and commerce, beautiful community and excellent education. Although there are manor-style "country villas", willcocks lakeside villas, Wanjingshan, South Richville and other residential areas, they are not the legendary "rich mountain", and most of the residential areas are suitable for the middle class and ordinary class. In the meantime, lakes and streams are dotted around, and five golf clubs, 65,438+066 parks, 544 hectares of nature reserves and provincial-level Oak Ridge nature reserves are integrated into large and small communities. Beautiful scenery, good luck. Four of the five public high schools are very popular with China people: Bayview Middle School. Longstaff Middle School. Richmond Green High School? And then what? Richmond Hill High School and two missionary high schools are also quite good: St. Theresa of Lisieux Catholic High School? And Jean Vanier Catholic High School.

Vogel (Wang Shi):

The mainstream building is a detached house.

201July Average price of detached houses10.52 million Canadian dollars.

Vaughan is located in the north of Toronto, Ontario, and is called "the city above Toronto". The city is made up of five prosperous communities. In the past 20 years, the population of Wang Shi has increased sixfold, and now there are about 300,000 people. The proportion of Chinese in Wang Shi is lower than that in Richmond Hill and Wanjin, which is about 10%. Wang Shi has a clean environment and convenient transportation. Highway 400 is the main highway in Ontario, which runs through the north and south and connects with Highway 40 1. Wang Shi is a powerful and diversified manufacturing base, leading the local industry and commerce. Wang Shi's city map is square and subdivided into five regions, namely, thornhill, Concord, woodbridge, Maple and Fort Klein. Among them, thornhill District is well known to the public. Thornhill, translated as Kangshan in Chinese, is divided into two major cities, so the west of Central Street belongs to Wang Shi and the east belongs to Wanjin. Kangshan has a large Jewish community and many synagogues in most areas. Most ethnic groups in Kangshan are westerners, and the residents of Crestwoods community and Upland community are mainly white. In recent years, the number of residents in China has gradually increased. The gathering of more and more high-end residents is nothing more than the unique software and hardware of these two communities: transportation and education. Excellent education. Although it is always said that parents in China attach too much importance to their children's studies, in fact, all parents in the world want their children to succeed, so westerners will also pay attention to the community when choosing a house. Westerners' preference for this community also stems from the educational area where this community is located. Western families admire the education in this community, and some parents in China who attach importance to their children's integration into the mainstream society rather than their academic performance have also settled in. It is worth mentioning that the main campus of York University is near the boundary line between Wang Shi and Toronto, which is located in North York, south of the boundary line.

Mississauga (Mississauga):

The mainstream building is a detached house.

2065438+Average price of detached houses in June 20071180,000 Canadian dollars.

Mississauga is a city in Ontario, Canada. It is located in Peel District, west of Toronto, and is a part of greater toronto area. According to the census in 20 16, Mi City has about 72, 1599 residents, making it the sixth largest city in China in terms of population. Mississauga is an important transportation hub in most areas, with seven provincial highways passing through the city, and a large part of Toronto Pearson International Airport is located in the urban area. Mississauga is located on the northern shore of Lake Ontario, bordering Binton in the north, Oakville and Mioton in Horton in the west, and Horton Mountain in the northwest. As for the city boundary between Toronto and the east, part of it is along Yitaobi Valley Creek. University of Toronto-Mississauga (UTM) is the satellite campus of the University of Toronto, located in Mississauga, about 33 kilometers from downtown Toronto. The University of Toronto consists of St. George's Campus, Mississauga Campus and scarborough Campus, in which St. George's Campus is mainly responsible for undergraduate, postgraduate and doctoral education of the University of Toronto, covering most majors of the University of Toronto; Mississauga Campus and scarborough Campus are the satellite city campuses of the University of Toronto, which disperse the functions of the main campus and divert students, and are mainly responsible for the liberal arts department (business, liberal arts and science) of the University of Toronto. It does not include undergraduate education in engineering, law and medicine, and a small amount of postgraduate and doctoral education.

Oakville (Oakville):

The mainstream building is a detached house.

2065438+Average price of detached houses in June 2007 13 10000 Canadian dollars.

Oakville, known as one of the wealthier towns in Canada, is a town with beautiful lakes, strong heritage protection, multi-culture and various tourist celebrations. Oakville ranks second in annual income and third in crime rate among all families in Canada. /kloc-among the population of 0/90,000, whites account for 80%, and Chinese only account for about 5%. Canada's famous Tim Horton coffee chain giants Siemens and Ford Motor Company have their headquarters in Oakville. There are also many life science and technology companies in Oakville, mainly in the fields of pharmacy and aged care. In Oakville, K 12 has both public and private campuses, and the proportion of private campuses and students in Oakville, Canada is relatively high. Oakville has two famous private campuses, Appleby College (founded in 19 1 1) and St. Mildred-Lightbourne Girls' School? . Oakville has two top 25 public campuses in Ontario, Oakville Lafarge and Iroquois Ridge. There is only one institution of higher learning in Oakville, sheridan College. The advantages of education lie in animation and business.

Third, the purchase process of new and second-hand houses in Toronto

New house:

1. Image measurement, attribute analysis.

2. The buyer puts forward the demand and the selected area is selected.

3. Compare the projects of various developers horizontally, and choose the houses.

4. Sign a contract directly with the Toronto developer, or sign a POA (entrustment agreement), and the local chain cooperative broker will sign the house purchase agreement on his behalf.

5. Pay a deposit (security deposit) not exceeding 10% of the house price to the supervision account of the developer's law firm.

6. Meet the following conditions:

1) loan

2) House inspection

7. All documents should be submitted to their lawyers, and if there is a loan, all documents should be submitted to the bank.

8. The lawyers of both parties sign the letter of transfer.

9 customers who need to rent, sign a house management contract and rent the house.

Second-hand house:

1. Intention survey, house purchase analysis.

2. Prepare funds for buyers (buyers need to pay 35% down payment+about 2% tax on second-hand housing transactions within 3-4 months after the signing of the house sales contract).

3. When finding the housing, the buyers will put forward the demand and choose the area.

4. Look at the house locally (Toronto brokers will provide videos or photos for customers who don't go to see the house locally).

5. Horizontal comparison and selection of houses.

6. Submit the quotation.

7. Both parties sign a formal purchase contract.

8. The buyer pays the deposit. (generally 5% of the house price-10%)

9. Meet the following conditions:

1) loan

2) House inspection

3) lawyers look at the building management documents (applicable to the purchase of apartments)

10. All documents should be submitted to their lawyers, and if there is a loan, all documents should be submitted to the bank.

1 1. Both lawyers signed the assignment.

12. For customers who need to rent, sign a house management contract and rent the house.