Should New Immigrants BUY A HOUSE IN CANADA?

[@ElizabethExpress]

¡Hola! The name of my channel has changed. Initially the name ‘CanalEliBernal’ made a lot of sense because my channel was in Spanish, but eventually I changed the objective of my channel and it became fully in English, so I decided it was time to change it to something easier to remember. Thank you for understanding. ... La historia del nombre de inicial de mi canal y mis redes es bien larga, pero palabras más palabras menos tenía mucho sentido cuando el canal era en español, pero es en inglés desde hace un buen rato entonces un nombre más corto y fácil de aprender es mejor para todos. Gracias por entenderme. Mi canal está aquí para enseñarles que si se puede hablar inglés sin pena y sin vergüenza, un besito.

[@sabujasia8475]

Have any visa for me?

[@LukeOnTheMove]

Buying a house in Canada is not an investment opportunity like people think. Unless they buy in a place where prices are likely to always be high and not for economic reasons. You need to do alot of research to find those niches in Canada and not with a realtor. People who bought a house in Vancouver over the past 3 years would be telling you they lost $300-400k and the same in Toronto, same in Calgary and prices here in Calgary are still going down as in Toronto and Vancouver. So who wants to buy a house when inventory is at all time high and housing prices are in decline? You have to weigh up costs of maintaining the house vs renting in most cities in Canada renting is cheaper than buying after you factor in. Down payment, ever rising never declining property taxes, maintenance. Your better off investing all that extra cash and creating your own investment portfolio in stocks it will bring you a better return. Its a trap to think your lining somebodies pockets when you pay rent as if you've done your research you'll be the one making money off it. Its funny because buying a house is just lining the pockets of the bank. You never actually own the house until its paid off the bank does and they keep the deed until its paid off. Houses here in Canada are not built to last like in England or Europe. There made out of cardboard and plastic with thin shingle roofs. There designed to be disposable and thats why people flatten them instead of bothering to renovate in most big cities. After 30 years people will not want to buy your house due to age, maintenance and it will decline in value. Example. 30 year old house in Georgetown ON: $500-600k and brand new house $1.2million dollars. I hate to break it to you but if you live in a house its your home its no investment. People need to stop thinking like this everybody follows like sheep.

[@thisisnotdimitri]

I like the Georgetown reference haha

[@alteregoagm]

True, an investment is something that gives you cashflow, I will love to be in the real estate business. It's true that renovating properties is a good investment? I think buying a house in Thunder Bay, Vernon, Sudbury, North Bay to resell it is a good investment. I think pricess will go up in the next 4 years because of the Rural and northern immigration pilot.

[@alteregoagm]

@Roland Tuason I think you should read rich dad poor dad from Robert Kiyosaki you actually will leave them debt instead of an investment. An investment is something that brings money in not out. Unless you rent the basement that's when your property becomes a passive income. If you want to leave them a real patrimony finish paying the house.

[@LukeOnTheMove]

@Roland Tuason I wouldn't get to carried away with the new immigrant story. People have been saying this is the reason for housing prices going up for decades and its not true. New immigrants are renters not buyers they are responsible for the rental crisis we see today not the housing crisis they are two different things. Same thing happened in Florida in 06, 07 when I was there people were saying buy a house its rock solid immigrants will always need homes. Truth be told the immigrants were buying in Florida because mortgage lending rules were so relaxed but they are not in Canada its all middle class canucks with equity in their current home buying up these houses along with Chinese investors. With so much INVESTING this means that the actual rock bottom of the home buying doesn't exist anymore. What I mean by that is home prices will go up and down like a stock market based on media, economics, employment etc something far beyond the governments control and its dangerous and will go majorly down just like stocks do. The reason for that is Canada's economic outlook is dismal and consumer debt it is at an all time high and I'm talking about car loans, line of credits all this other stuff not mortgages as their guaranteed by the governments terrible insurance agency so if housing takes a hit its not just average people it will bankrupt its also the government and taxes are high enough. Now can you see how Canada is skirting on a fine line of suicide controlled by the Chinese and its own population. For example if Scotiabank went bust or ran itself into the ground which is highly likely as it has more debt than assets then what do you think would happen? It would completely topple the whole country Chinese investors would panic list all their homes, followed by Canucks thus the housing crisis starts. Also remember Canada's housing industry accounts for 12% of GDP if that happened the country would be plunged far into a recession far greater than people think. Trust me I've researched looked at prior correlation compared to what is happening now and all the rest of the complex algorithm and this crash will happen this or next year triggered by a major bank

[@suekenya]

Very True, I own a home in Edmonton, nice area. my house has been on Market since last week if no one buys it. I'll keep the home and rent it for extra cash!

[@lolablackofficial]

The 3rd house will cost over a million in Toronto for sure.

[@PublicTVChannel]

Hi beautiful Are you married or single

[@somzeigodo9018]

My thots too

[@factoriesandmachines]

I see you. :-). Going to your channel necxt...

[@LostNFoundASMR]

Absolutely ridiculous- what a waste of money. Most people would have to work so much they would never even see the inside of the house. 😂 I’m good as long as I have a safe and clean place to sleep that’s not under a dictatorship. 👌🏽

[@bosstim9391]

👍

[@naazneenlatheef9499]

U R SUCH A LIVELY PERSON WITH A STRONG POSITIVE ATTITUDE AND WITH THE INFORMATION IN SUBJECT YOU ALSO SHOW THE WAYS TO REACH IT. THANK YOU SOOOO MUCH. AND KEEP UP WITH YOUR GORGEOUS SMILE N POSITIVE ATTITUDE.

[@sefabilgi7042]

"If you wanna buy a house in toronto or in Vancouver only jesus can help you!" you made my day :D ( 0:52 )

[@dbcooper488]

Unfortunately he is not living anywhere ....

[@alteregoagm]

Lol

[@trentdabs5245]

The government pay a part or all of there rent. I know a woman from Afghanistan she gets he rent paid and has for the last 8 years.

[@zoyazoya154]

If you buy a house in Pakistan only cash can help you. more money

[@keluargakecilkanada5808]

@@dbcooper488 JESUS living in our heart though :)

[@touqirbutter9810]

Asking the price of a house ? Location is very important not how beautiful the house is. An exact similar house in Vancouver will cost more than double if the same house was located in a smaller city like Nanaimo or Chiliwack in the same province.

[@amakadonald-ibe5090]

I love your channel. Speaking my language on smart finance handling

[@v.n.2424]

You are so MOTIVATING!!!!!!! ( subscribed ) ❤️👌👍🇨🇦

[@richahobbit2075]

You are lovely and so positive😊😊. This is a well made video👍👍

[@allankeefe9817]

Found the house at 7:02. 113 William St., Stratford. Gorgeous house, but needs a lot of work.

[@sousso24]

Like your spirit and ernergy. I will see this when i came to Canada thanks for your informations.

[@ss-oi8pf]

Didn't expect this to be a lecture on depends on what you can do!!!!!

[@joejoe485]

This is superb. I enjoy your videos. They are lively. It's really fun to watch them.

[@atiharshsingh4360]

5:57 Awwww this is the sweetest bit of this video. Thank You!

[@tsmart727]

She made my day:)

[@marnica490]

Great video! Thank you!

[@erickayala4161]

The last part of the video when rock music begins and you're walking, i just lost my mind XD. Greetings from El Salvador.

[@deeptakhar1770]

You are the only best person on KZbin

[@laurenhills239]

Yikes... I currently live in Texas w/ hopes to eventually immigrate to Canada. The first house would definitely go for under $100k, the 2nd house would probably go for $115k, and the 3rd house would definitely range in the low $200k. I wouldn’t even considered the 3rd house luxury, but basic. I guess I’ll have some things to get used to. I’m not trying to be rude, I’m just shocked. I’m just use to our 6B/6B McMansions that go for $300-500k lol 😂

[@davidfoltz8922]

Don't buy in Canada if you are not planning to live here! If you are planning to make Canada your home and stay.... WELCOME! :) If you just want to use us and buy, then rent out.. you are NOT welcome!! More provinces are making it harder for non residents to buy! Canada is for Canadians and future Canadians!

[@9612jimbo]

You got my subscription 👍👍many thanks and love from the islands.

[@ElizabethExpress]

Thanks for the sub!

[@charandeep7ingh]

love the way you present yourself woww its inspirational thank you

[@mrhunter3886]

You are a person with good logic..!!!

[@bintangutara2558]

Thanks for the information you give us .

[@woejie]

What is amazing, the houses don’t have fence covering compared to Asian houses

[@PublicTVChannel]

Hi beautiful. Are you married or single

[@mith2311]

Superb fantastic video...you gave clear and upto the point information...big big thank you

[@Codeytek]

Wow..beautiful content...love your creativity ❤

[@jbosu730]

Thanks you for more advising about houses 🏠 Canada

[@bignedu4871]

Nice one! Thank you for this.

[@minhhoangpham2944]

The video is exciting. I hope to watch more videos from you.

[@celiacaliso3578]

u are so helpful .may u be truly blessed .

[@duyngoccanada]

very very usefull. tks so much

[@naveedali2473]

Body language is absolutely perfect 👌

[@caetano3796]

NAVEED ALI No. it’s not absolutely! Great preachers recommend don’t point fingers to others people like she does after in 12:40

[@amansyan6319]

6:02 by listening this i just dropped a like and subscribed And btw very beautiful video

[@jesuscampos1604]

Diooos Eli he visto otros videos tuyos pero me encanta como luces en esté no obstante la tematica del video estuvo excelente también 😉👍

[@monsterhunterdude5448]

3:50 And here we are face to face with the mythical *Black Squirrel*

[@tamannaishmam5315]

I watch your video to listen English. it's much helpful for my English practice and also the videos are informative... 😍

[@martinsinclair55]

In New Brunswick, the big one $400,000

[@kellypetersons4326]

Are you interested in finding new ways to make your money work for you while you focus on other things in your life?? This is called financial freedom 💯 Are you interested in creating extra money for your business through investing in bitcoin and learning how to trade it daily for extra profits, this is possible, I do it, you can do it too👍 I hope you're interested in this opportunity, kindly disregard if you're not interested in this offer, thanks 🙏

[@edinsonortizrodriguez9589]

Hola Eli, estoy feliz por haber encontrado tu blog, gracias por compartirnos info sobre Canada, te felicito for let me know about your life there. :)

[@countroshculla]

"If you wanna buy a house in toronto or in Vancouver only jesus can help you!" is that a real estate agent?

[@brunootero6524]

countroshculla yes. He was born in Mexico

[@Onlooker1001]

I don't think it'd be a good idea to buy a house at once so as not to get financially "stuck" in an new place, in an not so familiar real estate market. Only rent for a while because It would be better to look around first to avoid possible dissapointment.

[@8bitz3000]

This could’ve been a lot shorter video if you would’ve started with “don’t watch this video if you don’t live here “ 😂

[@danishjaved1693]

Nice information. ❤️

[@archieandsamchannel4982]

TORONTO is not just TORONTO . In Fact its GTA: Greater Toronto Area ( including suburban areas , which connect TORONTO city efectively). . Buying a condo/ apartament/townhome is always ecomical than Renting !! First time homebuyers have to put only 5% Downpayent only . For $ 300000 condo , u need $15,000 only. Rent is the amount u never get back, but mortgage helps in investment and you get profit.

[@marycahill546]

I am a 6th generation single Canadian. In 2004 I bought a charming old house that has 3 bedrooms, 2 bathrooms, garage, large back yard in a mid sized Canadian city. Over time I did a lot of necessary updates, and paid it off in 18 years. Buy a house you can afford for a better quality of life. If you want to make income from it in future, renovate it so you can rent out a basement apartment. I really enjoy my home -- in retirement it still serves me well.

[@Shes.Precious]

How much did you bought it? Im looking for old houses to buy, but all I see now are the new houses which is expensive

[@mauricioca9496]

How is your life now after 5 years?

[@beentheredonethat8280]

Please. Buy one in Vancouver. Best place for immigrants!

[@chefbella9977]

"Dont let anyone tell you that you cant afford this house, because if someone could you too can" Thank you for these words.

[@kapiljain1223]

Busiest street, people from Mumbai just died laughing

[@ngk7865]

Kapil Jain India 🇮🇳 is a shit hole 🕳 Please don’t compare Canada 🇨🇦 with your Dirty Hindu Country 🤔

[@zirignonaby674]

@@ngk7865 u r very stupide

[@ANDROHACKS]

@@ngk7865 Agree

[@ANDROHACKS]

@@zirignonaby674 But thats the truth buddy!

[@mahadevdhumal1174]

@@ngk7865 ok then you compare ur beggar islamic countries

[@akeilawatson653]

I guessed the price for all three houses 😃😃😁😌

[@bbqsauce6412]

Smart girl talking about real things

[@jaspreetsingh3364]

Just after listening this line "only jesus can help uhh" i just smashed that red button with all my power and made it grey ...........

[@hawk9324]

Wow..."only Jesus can help you"..Praise the Lord !............God bless you more. Amen I appreciate your selection of music during your video...it's really awesome..I liked it.

[@Stubahn]

@ 3:53 some gray squirrels in a tree looking down at the driveway, and saying "well, there goes the neighborhood!". So if I move to Canada, I really like a house, and I get a mortgage, all my dreams will come true. That is so cool!

[@martinsinclair55]

No one can afford here. Must live in a converted ambulance and use bathroom at Tim Hortons

[@dieudonnemugeni5126]

"Only Jesus can help", beautiful word.

[@keluargakecilkanada5808]

agree

[@orubek355]

That's where I stopped and took a good laught before resuming 😂😂😂

[@FESoul]

In MIGHTY AND PRECIOUS LORD JESUS CHRIST'S NAME I PRAY AMEN

[@hunterhagmaier]

@@orubek355 lmao same

[@marvi6603]

If you dont help to yourself no one can't help you!

[@abdellahabadi5972]

Nice informations .. thanks

[@terrytang5367]

Depends on the location.

[@tahiraleem]

In which city you did this research?

[@johnyomon1220]

Nice content I must confess to you that your Canada real estate video just helped me to start seeing life from another perspective and mentality I just to worry alot about things I don't really need sometimes I like showing off too but when you during your real estate video you said we shouldn't worry about buying a house in Canada if we don't live in Canada no need stressing yourself over what you don't need immediately something happened to me like something struck me in my mind its like my eyes were opened and for the firs time in a long time I started questioning my mentality and perspective you also said it's very good to be money smart like the typical Canadians I really got that so no need showing off and no point worrying and stressing over things you don't really need.. Lesson learnt thanks God bless. Greetings from Helsinki Finland

[@ElizabethExpress]

Helsinki? AWESOME! I come from a culture where people like to show off what they have and don't have, so I understand where you're coming from. Glad to know this video resonated with you like it did. Thanks for watching, Johny!

[@0479696]

Brilliant, we don’t get these sort of houses in UK and prices are stupidly high.

[@johncasper5052]

If you are an immigrant from banking family you can afford these houses. Not every immigrant is a billionaire. I think they are struggling to find a job let alone buying a house.

[@Yommites]

I subscribed to your channel because of that hilarious statement you made but in actual sense, it’s true, “only Jesus can help you”..

[@ElizabethExpress]

Hahaha thanks, I'm glad you appreciate my joke :P

[@keluargakecilkanada5808]

@@ElizabethExpress me too..haha.I subscribe it because of the words. we know only Jesus can do beyond our capabilities.

[@DineshDinesh-vw9dn]

I am the new subscriber for your videos, your speaking skills very cute and nice, I like and encourage you,

[@donaldb.kouakou412]

In which city are the houses?

[@RworldRekhasworld]

Wow awesome upload & good information ,New friend here thank you for sharing Big like

[@parkheesinghal580]

u r so nice & positive :) live like this...always!!

[@chavezito]

I would say the hous by the river is about $900k. Although I don't know which city are you showing these houses.

[@ElizabethExpress]

CG Jorge good guess, but not even close :’(

[@abdelmoumenederoueche369]

I think that it's between 1.5m and 2m

[@DinizEngland]

Love at first sight for your channel. I subscribed. Did I tell you I love hats too?

[@sahilprashar567]

Ladies and gentlemen this video is very old...today market every house you seen in this video you must x3 of the price she has given..maybe even x4 x5

[@georgewaters8592]

@ 7.35...... $1,200,000 - $1,500,000 USD Well done video, well done - with very good practical common sense advice. I agree, if you live within your means one can live like a king, just on a smaller scale :) I also liked how 30 seconds in, you used images of two famous bridges over the East River in NYC !! Cheers !!

[@ekrj2427]

Hola, se ve muy bien la calidad del vídeo, q tipo de cámara usas??? Saludos 😁

[@ElizabethExpress]

Ek Rj hola, muchas gracias. Uso mi iPhone 8

[@sheikhfaruk1887]

Really good job my friend....

[@yutalover3436]

Um, I don’t intend on buying one, but what is the average rent for houses or apartments in the city you currently reside in? Thank you.

[@mannyreyes1393]

Yes in Mexico, Yes and my son said when u get your papers

[@imtiaztuhin7469]

Thank You Dear for your nice video. Don't they sell 5/10 storeyed type House? How is the price of them in British Columbia Or Toronto Cities?

[@infoworld826]

Fortunately. All my guess are correct even I don't have any experience of Canada real estate.

[@prasenjitdey4222]

Excellent blog.

[@donquijote185]

Victorian style home must be 6 figures valued.... I am surprised how pricy homes in your area are.... So are you planning to stay in Canada for a while?

[@ElizabethExpress]

Yes, they're pricier than other cities because this is a touristy city. Summer is insanely busy here. Yes, a while longer for sure :)

[@donquijote185]

@@ElizabethExpress wow.... well I got my first home in California 15 years ago... 5 years after arriving here ... and I'm planning to live here until I retire... then will move to a quieter small city... How about Cali? 😁

[@ElizabethExpress]

Cali sounds like so much fun!

[@donquijote185]

@@ElizabethExpress Yeah! But I have to work a few years here if I wanna keep a good income after retirement.

[@ashutoshmishra310]

I think biggest problem apart from owning big house is finding a good job which helps you to pay off your mortgages.

[@raquelreynoso4098]

Hi Eli, Im trying to improve my English, I Think that your canal its so intersting for clean and adapt the 👂👂🏻. So I Would like that you make a vide about the Mortgage Over there, for example in my country you need the Mor or less the 30 % in cash for by a house, the rest part 70% its financing in the bank or in the Association, in some places is 80/20%, depends. So Im so interest in more información about this topic, thk soo much 👍🏻👍🏻👍🏻👍🏻

[@lynetteescarcega7237]

I learned, form an actual helpful video, that in parts of Ontario, non visa holding foreigners will be charged and additional 15 percent tax. There are ways around this tax such as holding a two year student visa. This is the type of info people are looking for in these types of videos.

[@russelmredha8287]

You are really a good blogger

[@najmultasnim7621]

Very informative and realistic 👍

[@mrutube5880]

Thank you. Am buying my first home in North Vancouver ! Hard earned money investment..

[@UllahMohd]

Girl, you are 👌! Really practical and smart!

[@shafiabdullah8165]

You are cute canal

[@shafiabdullah8165]

I really enjoy your vidio

[@shafiabdullah8165]

I am coming over toronto my family is there .

[@colourwheel5703]

fifth generation Canadian. (My people came from UK) I live in Ontario. People in the cities more accepting of immigrants. People in smaller communities not as progressive. They don't like change. Even my family members are like that who live in rural areas and small towns. I live in Burlington. We bought our home 30 years ago for 200,000 dollars. Four bedrooms 3 bathrooms, also 5th bedroom in basement. Our home is now in the 900,000's and climbing. It's a nice neighbourhood with loads of amenities nearby. Safe and quiet. Our parish church is only a mile away. I agree with another commenter who said to consider a townhouse or condo which are more affordable than a house. Homes are less expensive in smaller communities. Also be prepared for winter! It's a "thing" here. Coming here in the winter will be a shock to you. You're better off coming in summer so you can gradually adjust to the change of temperatures and obtain the proper winter apparel.

[@SikderDiamond]

which city is this, looking cool. just subscribed you. aspiring immigrant.

[@SikderDiamond]

@Des Prenty hope to meet u someday

[@SikderDiamond]

@Des Prenty i will start paperwork after pandemic, hope everything will go fine. All i need is good weather, good neighbor with basic city amenities. As i am a writer, most of my income is online base so no need to worry about being in big city. But many of my friends live area i previously mentioned. But i can always drive to them or vice versa. More on that i am still unmarried, so i do not need school or anything at least for now. What if Justin Trudy doesn't allow me to be immigrant in Canada, where on earth you will suggest with my simple needs with good internet.

[@ismailtwinamasiko3240]

Funny enough been checking out houses in Saskatchewan. N a few minutes backs. Coming over in two years time

[@joelrogers1430]

Where in Saskatchewan?

[@davidfoltz8922]

@@joelrogers1430 You are on the internet.. Look at a map.....

[@billyraevalentine3601]

My father has house in USA & CANADA he work for M&T Bank.. Or he in witness protection? James R Luhr..

[@andricknovelo4974]

Sorry, did you need to save too much money to get there?, ‘cause in some programs are asking around 30 thousand dollars to be accepted. I wanna go to Thunder Bay

[@SergioDector]

I'm not an immigration consultant, but yes, if you're coming with your family you need to save money, it all depends on how many people will come with you. Thunder Bay will be part of the next year's immigration Pilot so keep in tune with the news on that, you might need less money. Meanwhile, as I always say, try to get the highest score possible on the IELTS.

[@amyseaden9069]

If an immigration consultant is asking for 30K he/she is committing immigration fraud and is demanding payment for a job. It’s illegal. That said you often need money to come to Canada. Either to attend and pay for school or to have money to support yourself before you can find a job in Canada which can take a few months.

[@SergioDector]

@@amyseaden9069 they don't ask you 30k, lol. They tell you to have that amount ( and even more) in the bank as proof of funds. Canada won't admit people with 0 dollars in their account unless they have an indefinite work offer approved.

[@amyseaden9069]

@@SergioDector Actually there are lots of immigration consultants and employers who work together to commit immigration fraud. They arrange job offers in Canada for 30K. Actually there was an ivestigation this week into a Chinese immigration consultant asking for 170k for a job offer.

[@SergioDector]

@@amyseaden9069 an official immigration consultant shouldn't be doing that, I feel for those who fall in such evil hands. Thank you for sharing.

[@khaled7stars]

I save and invest 90% of my income in Egypt to afford to move to Canada and start my life.

[@farmerjoe8508]

khaled7stars Canada doesn’t want you

[@khaled7stars]

@@farmerjoe8508 why?

[@Acerlyne]

@@khaled7stars don't listen to that person even though I'm late. Don't give up on your dreams and I hope you can stay and live happily in your dream country!

[@bexstace]

paused... The squirrel crossing the road :D ( 3:51 )

[@encaav1]

Hi Eli. And I´ve more questions about the real state in Canada. Ok, so, the City where you saw the houses is? And the house that you ask the price in the video is about +/- $1,100,000.00 CAD. Vancouver and Toronto are once of the expensives markets in the world right now. And Canada have some things good about real state, the interes rate of a mortgage is low, comparing to Latin America, and you rigth, to buy or not to buy a house depends on your income, or in your investment strategie. Big hug from Salamanca, México. Cheers. Toño.

[@ElizabethExpress]

That's right, Toño. Also, investing in real estate is not priority for some people and that's what I'd like them to understand, that it's OK to wait too :)

[@Cavellification]

Hi I'm new to your channel!

[@PublicTVChannel]

Hi beautiful

[@beenlightened6985]

Does anyone know where the $680,000 house is located. Thanks.

[@WallStreetWolf2024]

How much would the 3rd house cost per month?

[@majidazeem670]

Which city is that?

[@atorgames6415]

Buenos días quería hacerte una pregunta cual es el sueldo medio, btw nice video

[@bosstim9391]

Informative

[@garipyolcu3846]

There is no single house (detached or semi-detached) neither in GTA nor in Core Toronto, costing less than CAD 700,000.00. So; Where are those houses shown in your video?

[@MuhammadAhsan-hq2bc]

These are probably in the suburbs . SO not in Toronto but a commute away from Toronto

[@JangminlalHaokip]

Canada is a beautiful country!! i feel like moving

[@JangminlalHaokip]

@emrah yilmaz yeah

[@tbnag]

sorry to say that the video is not to the point. so much fluff. People want to the know the answer to the question, not the reasons.