$260k for a multifamily home is pretty reasonable, in my books. The eternal issue though, is convincing new Canadians that there exists a life outside of the GTA and Vancouver.
It sounds fine in theory but leaving Vancouver to go to St John's for affordable housing is not really an option for any one with family here. I may as well go to Thailand for affordable housing, it is more affordable and flights are the same price. People have obligations with family and they want to be close to their friends.
It's not like Europe where you can do 60 minutes from a big city and prices fall off a cliff. In bc you have to go four hours drive from Vancouver to find cheapish housing (Hope it's the spot) and that's not a commutable distance. The complete lack of public transport makes it worse but the sheer scale of it is the biggest problem.
If I was going to start again there is no way I would choose Vancouver but people get stuck in cities for many reasons but the biggest one is either relationship commitments or where the work is.
I always heard such good things about Quebec City. Quality of life looks excellent. Thanks for sharing the housing price update. It sounds pretty good. As I recall, there are a bunch of good tech jobs there also due to UniSoft and friends.
https://www.point2homes.com/CA/Home-For-Sale/ON/Sault-Ste-Ma...
$260k for a multifamily home is pretty reasonable, in my books. The eternal issue though, is convincing new Canadians that there exists a life outside of the GTA and Vancouver.