Canadian Real Estate
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago,
Saskatoon Growth Potential
Dear Canadian BP community,
I am exploring more markets to invest in remotely. Based on what I read in this report, Saskatoon still seems to have great potential as the landing city for new immigrants: https://www.saskatoon.ca/sites...
A few questions for those who invest there or live there:
1. Crime rate: Although the crime rate is dropping year-over-year (pg.13), the severity rate is actually above Calgary, Edmonton, and Regina. What is the good neighborhood do you recommend where this is much of a lesser concern? (ex. https://blog.remax.ca/best-pla...)
2. Cash flow: Do SFH still cash flow with 20% down?
3. Interprovincial move: There are more and more people leaving the province. My guess is new immigrants are leaving the province once they meet the required stay after landing. If this is true, it puts Saskatoon heavily dependent on immigration demand. I like to find markets with the capability to retain the population long term. Do you see another aspect of Saskatoon that meets this criterion?
Thank you!