Alberta leverages the relative affordability of housing in its cities, where not only rents can be up to 25 per cent cheaper than in Vancouver or Toronto and owning a spacious single-family home is still an attainable dream
As the Alberta economy has rebounded this year, job growth and relative housing affordability are fuelling interprovincial, and many of the new residents are capitalizing from the advantages of a housing market that allows them to get more bang for their buck.
Life in Shelbourne meant the couple spent many hours commuting to work in the Greater Toronto Area; especially Mr. Sweet, who’d drive one and a half hours daily to his Mississauga job. In July, after a year of researching their options and assessing work opportunities in Alberta, Ms. Jones, a school teacher, and Mr. Sweet, a property manager, drove across the country with their two dogs and started searching for the home of their dreams in the Calgary region.
Although a similarly sized home in Calgary would have cost them almost twice as much, according to Point2Homes“With a certain budget, you could move anywhere in or outside the city,” Ms. Jones says about Calgary. “Whereas in Ontario, unless you move way out, you’re paying for whatever you can get.”
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