Wondering where to buy a house in Canada anymore? It turns out there are still some great investment opportunities out there, they just take a little more time to find!

Number 3: Windsor, Ontario

• Median home price: $723,000 (March 2022) > $473,000 (December 2022) 
• Median rent for a three-bedroom home: $1,900 per month
• Median rent as a percentage of purchase price: 3.8%
• Windsor is Canada's southernmost city, with a population of 250,000.
• Economy forecasted to grow twice as fast as the national rate of growth, thanks to diverse industries.
• Expected population growth of 1.1% in the next two years.
• Affordable properties are available for investment.

Number 2: Kamloops, British Columbia

• Low vacancy rate of 1.1%
• Median rent for two-bedroom and three-bedroom homes: $2,100 and $2,600 per month, respectively.
• Median home price: $700,000 (rising, but still affordable)
• Kamloops has a diverse economy with a focus on healthcare, education, and technology.
• Population growth rate of 10% in 2022 due to affordability and migration.

Number 1: Nanaimo, British Columbia

• Median home price: $745,000 (affordable compared to many other regions)
• Median rent for a three-bedroom home: $2,600 per month.
• Nanaimo is known as The Harbor City and has a diverse economy with a lower unemployment rate (3.6%) than other cities on this list.
• Expected population growth due to affordability  and high immigration rates.

While both Nanaimo and Kamloops offer excellent investment opportunities, your choice may depend on your risk tolerance and specific investment goals. Kamloops offers potentially higher returns with slightly higher risk, while Nanaimo provides a more stable investment environment.

These cities present exciting opportunities for real estate investors. As always, it's essential to conduct thorough research and consider your personal investment strategy. If you have any questions or would like more information about these markets, please don't hesitate to reach out to us.