4. Calgary, Alberta
Alberta’s bustling city of Calgary, known a Cowtown, is a fun place to call home. From skyscrapers to farmland, this eclectic city fits many personalities from different walks of life. The progressive school system and abundance of parks and playgrounds make it the perfect place to raise kids. Finding something interesting to do with the whole family won’t be difficult, with options like the Calgary Zoo, the Glenbow Museum, the Calgary Tower, and the Heritage Park Historical Village. In July there’s the incredibly popular Calgary Stampede, a rodeo and festival attended by people from all over the world.
Calgary’s rapid growth is due in large part to the city being at the centre of the country’s oil industry. The housing market recently hit a sweet spot for millennials. People are aware that real estate tends to appreciate and are investing young in order to let their equity build up quickly.
Median Monthly Daycare Cost: $922.82
Percent of Families With Kids: 27%
Estimated Unemployment Rate: 8.0%
Average household income: $132,568
Average Price Of A Home: $563,463
3. Westmount, Quebec
The affluent suburb of Westmount is located on the Island of Montreal in Quebec. Families are flocking to this area of the country because it’s home to great schools, arenas, a public library, and numerous public parks including Westmount Park, King George Park, and Westmount Summit. The city is on a steep terrain, covering 3.9 square miles extending from the summit of Mount Royal to the foot of the mountain. It’s a beautiful place to live, as homes in the area are nestled between lush trees on quiet side streets.
The Greater Montreal Area has always had a well-developed real-estate market. Home prices are continuing on an upward trend this year and single-family homes have yielded modest growth. The high prices of real estate in other cities make the Greater Montreal Area a bargain in comparison. Whether you’re a home buyer or a developer, buying property in Westmount is a safe investment.
Median Monthly Daycare Cost: $859.43
Percent of Families With Kids: 26%
Estimated Unemployment Rate: 7.5%
Average household income: $240,205
Average Price Of A Home: $1,588,535