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MoneySense magazine Canadian Business magazine PROFIT magazine

Best Deals in Real Estate

0

1. Moncton, NB

1. Moncton, NB

MONCTON
BUILDING TYPE:
House
STYLE: Detached
BEDROOMS:
3
BATHROOMS
3.5
STOREYS
2
LAND SIZE 9,622 SQ FT
LOCATION 126 Firestone Dr. PRICE $374,900
GRADE
A

For the second year running, Moncton tops our list as the best place in Canada to buy real estate. Not only are houses here very affordable — with an average price of $163,000 — but household incomes average a respectable $72,093. This year, it was the only city out of 35 that got an A+ in our value ranking, meaning that homes are well within reach for local residents who make a typical salary. In fact, it takes only 2.26 years worth of the average family’s annual household income to buy (before taxes and other expenses).

With a population of 126,400 — and growing — the city has a wide range of housing. Jobs abound in this diversified bilingual town, with UPS, FedEx, Purolator, Royal Bank and ExxonMobil all calling Moncton their regional home.

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