There is no one-size-fits-all answer to this question as the best investment option for you depends on your personal financial goals, risk tolerance, and investment horizon. Both real estate and stock market investments have their own advantages and disadvantages.
Real estate investments can provide a steady income stream through rental income, and the value of the property may appreciate over time, providing a potential return on investment. However, real estate investments can also require a significant amount of upfront capital and ongoing maintenance costs. Real estate in and around Victoria, BC has a distinct advantage over cities such as Edmonton and Calgary however. Southern Vancouver Island is surrounded by water which means the supply of new real estate in the Victoria market is limited. Cities in areas where outlying lands can be claimed for development have different potential for supply vs. demand rations which ultimately drives up prices.
Stock market investments offer potential for high returns, but also come with a higher level of risk due to market volatility. Stocks can also provide diversification opportunities, as you can invest in a variety of companies across different industries.
It's important to carefully evaluate the potential risks and rewards of each investment option, and to consider your own financial situation and goals before making a decision. Additionally, it's worth noting that many investors choose to diversify their portfolio by investing in both real estate and stocks.
If you are contemplating either an investment into Victoria, BC Real Estate or the Stock Market, it is very important to reach out to a trained and licensed professional to seek proper advice.