Now that the dollar has swung the other ways, that investor is planning to partner with us on an apartment building in the Maritimes.

Not all of Canada is deathly expensive, down east in the Maritimes we are merely fully priced ;-)If you have the cashflow to pay a 5-yr amortization on a 150K condo(?)

In central Canada, Alberta, or the left coast, it appears these days that you need to venture into the smaller cities and towns to find numbers which make sense.Here in the Maritimes, you can still find deals in the various cities (Halifax, Fredericton, Moncton, Saint John), but even here they are becoming a little endangered (Halifax, Fredericton) and in Saint John you need to keep a very close eye on the location and the local economy.  

@Anthony Nguyen I graduated from a maritime state school with a bachelors degree and a U.S Coast Guard license.

If you are looking for small multi-units in the downtown core of the city proper, many/most are priced at levels which do not provide an adequate return on your capital.If you move a little further north and east of downtown, prices ease, but you still need to look quite hard.We have found more value in other Maritime cities recently.

I graduate from college on May 2nd this year with a degree in finance from Michigan Tech. 3 weeks later I started my first job as a program manager for an engineering company in the maritime industry. 3 weeks after that I closed on my first 4plex. 3 months in and loving every minute of it, even through the minor hiccups.

@Mario BoudriasThere is a Canada-wide forum with a sub-forum for each province (NL, NS, PE, NB, PQ, ON, MB, SK, AB, BC) and territory (NV, NWT, YK).I tried to convince our U.S.A. hosts that it was overkill and the Maritime (even Atlantic) provinces should be grouped together, as should the Prairies and the Territories, but everyone has their own sparsely populated forum (much like the population distribution across the country).

@Kaylyn T.Many parts of Maine and the Maritime provinces (to the east and north) have pockets with high radon concentrations.  

Vancouver is already the second least affordable market on the planet (next to Hong Kong) with housing prices average 11+ times household income.While it is likely the market in Vancouver will not post the year-over-year price increases in 2015 that it did in 2014, the reality is that prices need to start declining (or incomes increasing dramatically) to avert a housing crises.Over here on the other end of the country, you can thank the Maritimes for holding the Canadian housing price average to just 5.7 times household income.  

Do you buy property down here or just in the Maritime provinces?