When discussing the housing market in Canada, the focus is often on price, a crucial factor for many potential buyers. With the national average home price reaching $696,179 in June, many households face challenges in entering the market.
However, beyond cost, finding the right place to live involves considering other factors that contribute to overall well-being, such as job opportunities, commute times, and community amenities. In a recent report on Canada’s best places to live, Zolo took these factors into account along with others. Here are the key findings:
Most livable cities
Source: Zolo
Ottawa ranks as the top livable city, known for its affordability, low crime rates, and high household incomes. Other notable cities include Simcoe, Guelph, Barrie, Tillsonburg, Kitchener-Waterloo, Saskatoon, Edmonton, Halifax-Dartmouth, and Winnipeg.
These cities offer a balance of affordability and amenities that enhance quality of life, making them appealing to various demographics.
Family-friendly cities
Family-friendly cities typically have a high proportion of families, low crime rates, affordable housing, high household incomes, low unemployment, and access to recreation and healthcare facilities. Ontario leads in family-friendly cities, including Barrie, Ottawa, Simcoe, Guelph, Kitchener-Waterloo, GTA, Mississauga, and Hamilton-Burlington. Outside Ontario, Calgary and Saint John also provide excellent environments for families.
Best places for young adults
Young adults prioritize cities with universities, good public transportation, and walkability, such as Saskatoon, Winnipeg, Edmonton, Guelph, Sudbury, Kitchener-Waterloo, Ottawa, Halifax-Dartmouth, Victoria, and Greater Vancouver. These cities offer affordability, job opportunities, and vibrant communities that attract young professionals who may explore creative options like purchasing with friends or using family funds in more expensive areas.
Ideal spots for retirees
Retirees seeking to downsize prioritize safety, affordability, access to medical facilities, and a community of other seniors. Top locations for retirees include Saint John, Fredericton, Ottawa, Grey Bruce Owen Sound, Niagara Region, Simcoe, Central Lakes, and Sault Ste. Marie.
Best for nature lovers
Nature enthusiasts are advised to consider smaller, less dense towns with outdoor activities, favorable climate, parks, and green spaces. Top areas for nature lovers include Ottawa, Simcoe, Barrie, Grey Bruce Owen Sound, Bancroft, Kawartha Lakes, Guelph, Saskatoon, Winnipeg, and Edmonton.
Review the full report in detail here.
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This article was complied with AI assistance and reviewed by an editor. More information can be found in our T &C
