And were given 5 choices, which piece of real estate would you acquire?

check out the following video clips from CBC:


OTTAWA: http://cbc.ca/canadanow/ram/20050630ottawa500k.ram

http://www.cbc.ca/canadanow/images/ottawa500k.jpg


HALIFAX: http://cbc.ca/canadanow/ram/20050630halifaxhouse.ram

http://www.cbc.ca/canadanow/images/halifaxhouse.jpg


REGINA: http://cbc.ca/canadanow/ram/20050630regina500k.ram

http://www.cbc.ca/canadanow/images/regina500k.jpg


VANCOUVER: http://cbc.ca/canadanow/ram/20050630vancsellpack.ram

http://www.cbc.ca/canadanow/images/vancouversellpack.jpg


SYDNEY, AUSTRALIA:http://cbc.ca/canadanow/ram/20050630sydneyrealestate.ram

(The house is shown in the 2nd minute of the video)
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Is Canada experiencing a housing bubble?

http://cbc.ca/canadanow/ram/20050629marketbubble.ram

The house in Ottawa is the only one with any character.

Halifax, not because I'm biased from living here, but here's the deal:
Ottawa house = a bit too uptight, I'd be worried about breaking some antique doorframe or something
Regina house = bit too spacious, might be good for a family of 5+
Vancouver house = as the guy hinted, it's not too great a deal
Sydney = well...seems kind of crazy

Ottawa - Probably the best deal, nice house in a more then decent city.
Halifax - Its an ok deal, Im not a big fan of the house but the lake is a nice feature, but I wouldn't want to live in Halifax.
Regina - Nice house, a little big but then ur stuck in Regina.
Vancouver - Not the best house but you get to live in an amazing city.
Sydney - The same situation as Vancouver, you get a below average house but you get to live in a really nice city.

If I had $500,000 I would get a nice condo in downtown Vancouver.

^ditto. i don't want a house...and i don't want to live in halifax, regina, ottawa or sydney.

The Sydney condo looks nice so that's my pick.

The Ottawa house looks like th average house you'll see in my neighbourhood although probably bigger but I'm not a fan of those older homes. The Halifax and Regina ones look like your average suburban homes, and the Vancouver one is too small for $500 k.

Actually, I was thinking the $500k one in Vancouver is a bit of a bargain by WestCoast standards.
Not sure..........I would like to have seen Mon/Tor/Cal there for a real comparison.
I like the Ottawa home for its character.

It;s between the Ottawa one and the Vancouver one

i think that the best comparison would have to be between halifax, regina, victoria, and...saskatoon?

but i would have liked to see a comparison between van/cal/tor/mont

Some homes around Toronto that you'll get from the $500,000 to $550,000 range.

http://remaxoa.mcsimi.com/RESF/REDetail.asp?cc=remaxoa&id=215027&r=1

Water Club Condos, Harbourfront

http://graphics.celestinetech.com/CommonScripts/CTIGenThumbNail.asp?f=%2F027%5C215%5CC713362%2Ejpg&w=400&q=50&na=y&rs=y

$509,000

http://remaxoa.mcsimi.com/RESF/REDetail.asp?cc=remaxoa&id=204944&r=19

http://graphics.celestinetech.com/CommonScripts/CTIGenThumbNail.asp?f=%2F944%5C204%5CC693468%2Ejpg&w=400&q=50&na=y&rs=y

$539,000 Downtown


http://remaxoa.mcsimi.com/RESF/REDetail.asp?cc=remaxoa&id=200365&r=21

http://graphics.celestinetech.com/CommonScripts/CTIGenThumbNail.asp?f=%2F365%5C200%5CC683095%2Ejpg&w=400&q=50&na=y&rs=y

$549,000 Downtown


http://remaxoa.mcsimi.com/RESF/REDetail.asp?cc=remaxoa&id=219210&r=1

http://graphics.celestinetech.com/CommonScripts/CTIGenThumbNail.asp?f=%2F210%5C219%5CW721726%2Ejpg&w=400&q=50&na=y&rs=y

$515,000 Etobicoke

http://remaxoa.mcsimi.com/RESF/REDetail.asp?cc=remaxoa&id=221859&r=4
http://graphics.celestinetech.com/CommonScripts/CTIGenThumbNail.asp?f=%2F859%5C221%5CW721978%2Ejpg&w=400&q=50&na=y&rs=y

$519,000 Toronto

http://remaxoa.mcsimi.com/RESF/REDetail.asp?cc=remaxoa&id=217777&r=15
http://graphics.celestinetech.com/CommonScripts/CTIGenThumbNail.asp?f=%2F777%5C217%5CW718913%2Ejpg&w=400&q=50&na=y&rs=y

$529,000 Toronto

http://remaxoa.mcsimi.com/RESF/REDetail.asp?cc=remaxoa&id=198130&r=2
http://graphics.celestinetech.com/CommonScripts/CTIGenThumbNail.asp?f=%2F130%5C198%5CE678190%2Ejpg&w=400&q=50&na=y&rs=y

$529,000 Scarborough

http://remaxoa.mcsimi.com/RESF/REDetail.asp?cc=remaxoa&id=223398&r=11
http://graphics.celestinetech.com/CommonScripts/CTIGenThumbNail.asp?f=%2F398%5C223%5CE725388%2Ejpg&w=400&q=50&na=y&rs=y

$549,990 Scarborough

http://remaxoa.mcsimi.com/RESF/REDetail.asp?cc=remaxoa&id=197850&r=14

http://graphics.celestinetech.com/CommonScripts/CTIGenThumbNail.asp?f=%2F850%5C197%5CN677409%2Ejpg&w=400&q=50&na=y&rs=y

$529,900 Richmond Hill


Overall, if you don't want to live in the suburbs or a condo downtown, you'll have to pay more than $500,000 to find a decent home in the downtown area.

From an investment standpoint I would buy the Vancouver house. If would probably rise in value the fastest. I wouldn't live in any of them though.

Overall, if you don't want to live in the suburbs or a condo downtown, you'll have to pay more than $500,000 to find a decent home in the downtown area.

In Vancouver you would first have to find a house downtown, I think there are a few dozen in between the westend end apartments. Any house that goes up for sale is bought by a developer for big money and then torn down.

I live 40min from downtown and the average price for a house is $600-800,000 White Rock is a nice area but a little further north in Surrey the average detached home is is $300-400,000 and its not such a nice area.

Like sk8rboiiii said Vancouver is the best investment.

"Any house that goes up for sale is bought by a developer for big money and then torn down." I hope not the good looking ones.